(IN BRIEF) Marks and Spencer has agreed to acquire a fully automated 437,000 square foot fashion distribution hub in Lichfield, Staffordshire, as part of its strategy to double online Fashion, Home and Beauty sales over the long term. The former … Read the full press release
Posted in Apparel, Fashion & Beauty, Artificial Intelligence (AI), Business, Industrial, Investment, Management, News, Retail, Technology, United Kingdom
Tagged ASOS, automated distribution centre, customer delivery, digital retail, distribution network, ecommerce growth, Fashion Home and Beauty, fashion retail, fulfilment centre, inventory management, John Lyttle, Lichfield, logistics hub, M&S, M&S Invests in New Staffordshire Fulfilment Centre to Accelerate Online Fashion Growth Strategy, M&S Targets Faster Online Fashion Delivery with New Automated Distribution Hub in Lichfield, Marks and Spencer, omnichannel retail, online fashion, online sales, retail logistics, retail transformation, Staffordshire, supply chain transformation, UK retail, warehouse automation, Warehouse Operations
(IN BRIEF) Zalando has partnered with Wolt to introduce Wolt+ as a new benefit for members of its Plus loyalty programme, marking the first time the service extends beyond Zalando’s own platform. The initiative allows Plus members in multiple European … Read the full press release
Posted in Apparel, Fashion & Beauty, Artificial Intelligence (AI), Berlin, Food & Beverage, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Retail, Technology, Transportation & Logistics
Tagged customer engagement, digital retail, E-Commerce, European markets, food delivery, grocery delivery, Joonas Bieneck, lifestyle platform, local commerce, loyalty program, Olga Batievskaya, online shopping, subscription services, technology partnership, Wolt, Zalando, Zalando Integrates Wolt+ into Plus Membership to Enhance Customer Engagement Beyond Fashion Retail, Zalando Plus, Zalando Strengthens Lifestyle Ecosystem with Addition of Wolt+ to Growing Plus Membership Programme
(IN BRIEF) OTTO has launched a visual product search feature for compatible iPhones, allowing customers to find items by taking a photo or screenshot. As one of the first retailers in Germany to adopt Apple’s visual intelligence technology, OTTO enables … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, Marketing, Retail, Technology, Telecom
Tagged AI commerce, Apple, artificial intelligence shopping tools, digital retail, ecommerce innovation, Germany’s Largest Online Retailer OTTO Launches AI Driven Visual Search for Faster Mobile Checkout, iPhone visual search, mobile shopping, Olaf Schlüter, OTTO, OTTO Expands AI Commerce Strategy with Visual Intelligence Integration for Seamless Product Discovery, otto.de, personalized shopping, photo based product search, visual intelligence
(IN BRIEF) Prof. Dr. Michael Otto will hand over primary responsibility for the Otto Group to his son Benjamin Otto on 1 March, concluding more than five decades of leadership that transformed the family-founded Otto-Versand into a global digital retail … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Retail, Technology
Tagged Aid by Trade Foundation, Benjamin Otto, Climate Economy Foundation, climate protection, Cotton Made in Africa, digital retail, E-Commerce, Frank-Walter Steinmeier, generational transition, Hamburg, Hamburg Sustainability Conference, HANZ, Michael Otto, Michael Otto Concludes More Than Five Decades of Leadership as Otto Group Prepares for Generational Transition, Michael Otto Environmental Foundation, Michael Otto Foundation for Sustainability, Otto Group, Otto Group Founder’s Son Benjamin Otto to Succeed Michael Otto After Era of Digital Growth and Sustainable Leadership, Otto-Versand, otto.de, philanthropy, Steidl, Stiftung KlimaWirtschaft, sustainability leadership, The Michael Otto Principle, UNDP, Werner Otto, Young ClassX
(IN BRIEF) Benjamin Otto will assume primary responsibility for the Otto Group on 1 March, becoming Chair of both the Foundation Board and the Shareholders’ Council and taking charge of the company’s strategic direction. The leadership transition marks the conclusion … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Industrial, Internet & Online, Investment, Management, Marketing, Retail, Technology
Tagged About You, Academy of LIFE, Agenda 2030, AI Transformation, Alexander Birken, Benjamin Otto, Benjamin Otto Steps into Key Leadership Positions to Guide Otto Group Digital and Strategic Transformation, Benjamin Otto to Lead Otto Group Strategic Direction as Generational Leadership Transition Takes Effect in March, Benjamin Schaper, Collins, Corporate Leadership, Deloitte Consulting, digital retail, Elisabeth L'Orange, Florian Heinemann, generational transition, GFH Gesellschaft für Handelsbeteiligungen, Hamburg, holi.social, Janina Lin Otto, LIFE HAMBURG, Michael Otto, Michael Otto Foundation, Otto Group, Petra Scharner-Wolff, Project A Ventures Management, Sergio Bucher, sustainable business, Tom Korn, Werner Otto
(IN BRIEF) Sainsbury’s has launched the FutureMaker graduate programme, a two-year development initiative designed to equip early-career professionals with critical skills in digital and AI, data and analytics, transformation, and business decision-making. With nearly 50 roles across Sainsbury’s and Argos, … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, Retail, Technology, United Kingdom
Tagged AI skills, Argos, data analytics, digital retail, early careers, FutureMaker, graduate programme, merchandising, retail leadership, Sainsbury’s, Sainsbury’s Introduces Two-Year Graduate Programme Focused on the Future of Retail, supply chain, talent development, UK retail
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