(IN BRIEF) Researchers from the University of Glasgow have developed a new type of wireless, chipless electronic tag designed to replace traditional single-use RFID tags. Using inexpensive materials like PDMS and carbon fibers, the tags can monitor temperatures and transmit … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Advanced Science, Advanced Technology, carbon fibers, carbon footprint, Dr. Benjamin King, Dr. Mahmoud Wagih, electromagnetic signals, environmental sustainability, EPSRC, Healthcare, microchips, PDMS, product packaging, retail, RFID, Royal Society, smart clothing, supply chain, temperature monitoring, University of Glasgow, wireless electronic tag
(IN BRIEF) Nike’s flagship store on Buchanan Street, Glasgow, has reopened after a six-month transformation led by GRAHAM Interior Fit-Out. The revamped 1,275 m² space highlights sport performance and lifestyle products, introduces the Nike by You customization experience, and features … Read the full press release
(IN BRIEF) The CESEE Bank Lending Survey by the European Investment Bank (EIB) reveals a recovery in credit demand and supply across Central Eastern and South-Eastern Europe, driven by increased consumer confidence and improved lending conditions, particularly for SMEs. Retail … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Retail, Small Business
Tagged banks, CESEE, Debora Revoltella, economy, EIB, Kyriacos Kakouris, retail, SMEs, ‘Credit conditions
(IN BRIEF) British fashion retailer NEXT has partnered with ZEOS, Zalando’s B2B unit, to manage its direct-to-consumer online orders across most of continental Europe starting in Q4 2025. This collaboration extends their existing relationship, with ZEOS handling NEXT’s own webshop … Read the full press release
Posted in Apparel, Fashion & Beauty, Berlin, Business, Environment, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Retail, United Kingdom
Tagged Europe, Jan Bartels, NEXT, online, partnership, retail, Simon Wolfson, sustainability, UK, Zalando, ZEOS
(IN BRIEF) Dr. Nadja Grabenströer will be appointed CEO of Otto Group Logistics GmbH, operating under the SupplyX brand, effective December 1, 2024. She succeeds Eva Witte, who contributed significantly to the establishment of SupplyX while serving as Chief Financial … Read the full press release
Posted in Business, Financial, Germany, Industrial, Internet & Online, Investment, Management, Marketing, News, Retail, Technology, Transportation & Logistics
Tagged appointment, CEO, Dr. Nadja Grabenströer, eCommerce, Eva Witte, Henning Goldmann, Kay Schiebur, Kevin Kufs, leadership, Otto Group, Otto Group Logistics, retail, Roy Smolders
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has led a €6 million pre-series A investment round in the Estonian company Miros, marking its first venture capital investment in Estonia. This funding, which also involves Tera Ventures and … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Estonia, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged AI innovation, Aziza Zakhidova, E-Commerce, EBRD, Estonia, Heikki Haldre, investment, leadership, Miros, partnership, retail, Toomas Hendrik Ilves
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $200 million loan to Turkish retailer A101 to support its sustainability efforts. The loan will help A101 reduce energy consumption, install solar panels, and expand its store … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Retail, Turkey, United Kingdom
Tagged A101, Dilara Sarı, EBRD, Osman Yilmaz, partnership, retail, sustainability, Turkey, Wojtek Boniaszczuk
(IN BRIEF) A recent report by ABN AMRO reveals the significant impact of consumer goods production—specifically trainers, sofas, and smartphones—on global biodiversity, resulting in the destruction of wildlife habitats equivalent to nearly two-thirds the size of the Netherlands annually. The … Read the full press release
Posted in Banks, Business, Commodities, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Retail, Technology
Tagged ABN Amro, biodiversity, Henk Hofstede, retail, smartphones, Sofas, sustainability, trainers
(IN BRIEF) SUEZ has made a strategic investment in French start-up Purple Alternative Surface, aiming to expand its production of permeable paving solutions made from non-recycled plastic waste. With SUEZ’s support, Purple will increase its production capacity to 200,000 m² … Read the full press release
Posted in Business, Construction, Environment, France, Industrial, Infrastructure & Utilities
Tagged 2024 projects, ADEME, circular economy, construction industry, Cravanche, energy transition, environmental innovation, France, French Environment and Energy Management Agency, greenhouse gas emissions, modular pavements, non-recycled plastic waste, parking lots, permeable paving, plastic recycling, public works, Purple Alternative Surface, retail, soil sealing, SUEZ, sustainable solutions, venture capital, wind turbine blades
(IN BRIEF) Austrian retailer BILLA provided free packed lunches to 44 Ukrainian children from Kharkiv and Odessa during their holiday in Austria, organized by Österreichische Kinderfreunde in collaboration with the Ukrainian Embassy. The children, who spent time in Carinthia and … Read the full press release
Posted in Austria, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Ukraine
Tagged Austria, BILLA, Daniela Gruber-Pruner, Free Meals, Ludmil Krastev, partnership, retail, REWE International, sustainablity, Ukrainian children
(IN BRIEF) Marel has unified its Retail and Food Service Solutions (RFS) and Fish divisions under the leadership of Jesper Hjortshoj to streamline operations and enhance customer value. Jesper, who has been with Marel for 18 years, will also continue … Read the full press release
Posted in Business, Food & Beverage, Iceland, Industrial, Management, News, Retail
Tagged appointment, Arni Sigurdsson, Fish Divisions, Food Service Solutions, Jesper Hjortshoj, leadership, Marel, Olafur Sigurdarson, retail
(IN BRIEF) The August bank holiday is expected to bring a significant boost to the UK’s retail and hospitality sectors, with a forecasted 15% increase in sales, contributing an additional £600 million to the economy. This uplift is based on … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Ireland, Management, News, Retail, United Kingdom
Tagged August Bank Holiday, Colin Grieves, Experian, Hospitality, Ireland, partnership, retail, sustainability, UK
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), along with private equity firms CEECAT Capital and Morphosis Capital, has made a significant investment in the Romanian discount food retailer La Cocos. The €10 million equity investment will help … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Romania, United Kingdom
Tagged CEECAT Capital, EBRD, expansion, investment, Iulian Nica, La Cocos, Morphosis Capital, partnership, retail, Romania, sustainability
(IN BRIEF) Sainsbury’s has partnered with NCR Voyix in a seven-year agreement to enhance its shopping experience and support its business strategy. The partnership involves upgrading 22,500 checkouts with advanced NCR Voyix technology, including AI-powered self-checkout systems and real-time analytics. … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged AI, Clodagh Moriarty, Eric Schoch, NCR Voyix, partnership, retail, Sainsbury, shopping, sustainability, technology, USA
(IN BRIEF) TotalEnergies and Casino Group have renewed their 20-year strategic partnership to supply over 1,000 service stations in France, effective October 1, 2024, for five years. The agreement involves Casino providing food products and essential items to TotalEnergies stations, … Read the full press release
(IN BRIEF) TAKKT has strengthened its resilience in the first half of 2024 by increasing its gross profit margin to 40.5% and streamlining cost structures, resulting in a slight increase in free cash flow to €25.6 million. Despite a 17.7% … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Retail
Tagged Andreas Weishaar, economy, Financial, investment, Maria Zesch, resilience, retail, TAKKT
(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has announced a significant partnership with Extell Development Company to invest in 570 Fifth Avenue, a new mixed-use office and retail tower in New York City. This strategic move marks … Read the full press release
Posted in Business, Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail
Tagged Extell Development Company, Fifth Avenue, Gary Barnett, IKEA, Ingka Group, Ingka Investments, New York City, partnership, Peter van der Poel, retail, shopping
(IN BRIEF) Kingfisher announces the launch of a home improvement e-commerce marketplace at Castorama France, marking another milestone in its marketplace expansion strategy. With over 500,000 new products from third-party merchants, Castorama customers will enjoy a sevenfold increase in product … Read the full press release
Posted in Business, Environment, Financial, Industrial, Internet & Online, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged Castorama France, eCommerce, home improvement, Kingfisher, Marc Vicente, marketplace, Mirakl, partnership, retail, sustainability
(IN BRIEF) Sainsbury’s, the UK’s largest supermarket chain, has introduced a dedicated ‘Best of British’ page on its groceries website, showcasing over 450 100% British-sourced grocery items. This initiative aims to make it easier for customers to find and purchase … Read the full press release
(IN BRIEF) Deutsche Telekom, along with partners ServiceNow and Cisco, will showcase innovative retail solutions at the EuroCIS trade fair in Düsseldorf. These solutions, including “Instore Task Management” and “Law Monitoring,” aim to streamline operations and ensure compliance with evolving … Read the full press release
Posted in Business, Germany, Industrial, Management, Marketing, Retail, Technology, Telecom
Tagged AI, artificial intelligence, Cisco, Deutsche Telekom, EuroCIS 2024, EuroCIS trade fair, Instore Task Management, retail, SaaS, ServiceNow, smart retail, T-System, trade fair
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