Tag: retail
Retail Automation at UNIQLO
Japanese fashion giant UNIQLO is partnering with two robotics startups to automate the last tasks still handled by human workers at its warehouses, a process that the company hopes to complete within five years. The company signed strategic global partnership agreements with Mujin of Japan and France’s Exotec Solutions, parent company Fast Retailing announced, the…
Retail Digital Transformation: Spanish Firm Inditex
Retail Digital Transformation: Spanish firm Inditex Inditex opened its first Zara store in 1975. In the following 4 decades, this vertically integrated apparel manufacturer and marketer expanded throughout the world into more than 120 countries with 10,000 physical stores. Any company undergoing such dramatic brick-and-mortar expansion might be at risk of failing to adapt quickly...
Retailer Magazine Luiza, or Magalu: the Amazon of Brazil
Lauded as “the Amazon of Brazil,” retailer Magazine Luiza, or Magalu, has cemented itself as one of the most spectacular digital transformation success stories in any industry. From launching an online marketplace to speeding up deliveries with an Uber-like service, the company has aggressively harnessed technology to better serve its customers—and customers have responded, helping...
The Next Big Thing in Retail is the Integration of FinTech and Retail tech.
The next big thing in retail is the integration of FinTech and retail tech. Walmart is expanding its flat-fee money transfer services to include an international money transfer marketplace serving all 4,700 U.S. Walmart stores. In collaboration with its money transfer principals MoneyGram and Ria, Walmart will offer customers more choices for payout methods and…
N Brown Returns to Profit after Digital Transformation
N Brown returns to profit after digital transformation Shares in N Brown jumped 7.8% after the plus-size retailer reported it returned to profit in the first half. • The retailer reported a statutory profit of £18.8m, up 169.4% from a loss of £27.1m last year. • Earnings increased 4% from £52m to £54.1m in the…
E-Commerce Project in Switzerland and Russia
Vertical: Retail | E-commerce
Multiple Projects: ARY Group
Vertical: Retail | E-commerce | Property | Finance | Media House