Hypermarkets

Majid Al Futtaim Chooses CitrusAd as its Retail Media Technology Platform

Retrieved on: 
Tuesday, July 27, 2021

Majid Al Futtaim Retail, operator of Carrefour in the Middle East, Africa and Asia, is directly integrating its in-house technology and advanced analytics pipeline with the CitrusAd retail media platform, to accelerate the offering across all its markets in the coming weeks.

Key Points: 
  • Majid Al Futtaim Retail, operator of Carrefour in the Middle East, Africa and Asia, is directly integrating its in-house technology and advanced analytics pipeline with the CitrusAd retail media platform, to accelerate the offering across all its markets in the coming weeks.
  • Majid Al Futtaim operates over 375 Carrefour stores in 17 countries, and serves more than 750,000 customers daily and employs more than 37,000 people.
  • View the full release here: https://www.businesswire.com/news/home/20210727005565/en/
    CitrusAd / Majid Al Futtaim Retail Media Technology Platform (Photo: Business Wire)
    By combining CitrusAds retail media technology with Majid Al Futtaims data and advanced analytical capabilities, the exclusive Carrefour franchisee will be providing brands and suppliers with unprecedented access to insights and relevant first-party data to drive meaningful growth.
  • Majid Al Futtaim Retail is the first retailer in the wider region to offer such transparent access for supplier success via the CitrusAd platform, signaling an exciting long-term strategy into digital retail media.

Star Refrigeration's cold store monitoring software Ethos delivers 5GWh reduction in Asda's energy costs

Retrieved on: 
Monday, July 12, 2021

By installing Star's Ethos software over the last four and a half years, which monitors refrigeration plant performance 24/7, Asda has saved 5GWh on energy costs and over 1,100 tonnes of CO2e across the sites optimised with Ethos software.

Key Points: 
  • By installing Star's Ethos software over the last four and a half years, which monitors refrigeration plant performance 24/7, Asda has saved 5GWh on energy costs and over 1,100 tonnes of CO2e across the sites optimised with Ethos software.
  • With the help of Star Refrigeration's data monitoring business, Star Data Analytics (SDA), and City Facilities Management, Asda has reduced its energy consumption by 35% since 2010.
  • By investing in preventative maintenance, data monitoring and energy performance optimisation of its cold stores, Asda is now reaping the financial rewards too".
  • Innovative software such as Ethos can offer large gains when it comes to reducing energy usage and cutting carbon footprints.

Former Head of Red Bull North America Brings Global Brand Future Farm™ to U.S. Market to Democratize the Plant-Based Meat Category, Following Successful Launches in 23 Countries throughout Europe, Latin America and Asia Pacific

Retrieved on: 
Thursday, July 1, 2021

With its fast-paced growth, Future Farm has gained 25% of total burger market share in Brazil's largest retailer, and holds 31% total market share of the plant-based-meat category in the United Arab Emirates, at popular supermarket Carrefour, ahead of Beyond Meat.

Key Points: 
  • With its fast-paced growth, Future Farm has gained 25% of total burger market share in Brazil's largest retailer, and holds 31% total market share of the plant-based-meat category in the United Arab Emirates, at popular supermarket Carrefour, ahead of Beyond Meat.
  • Now breaking into the U.S. market, Future Farm will use its proven go-to-market strategy and utilize the experience and expertise brought by CEO Alexandre Ruberti, former U.S. President of Red Bull Distribution Company (RBDC) and Executive Vice President of Sales for Red Bull North America.
  • That's the future we're here to create, and we will do ourbest to make it happen."
  • For more information and details on Future Farm's U.S. launch, visit www.futurefarm.io

Ollie’s Bargain Outlet Holdings, Inc. Announces Change to Participation Date at the 2021 Jefferies Virtual Consumer Conference

Retrieved on: 
Monday, June 21, 2021

HARRISBURG, Pa., June 21, 2021 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (Nasdaq: OLLI) announced today that the Company will now be participating in a fireside chat at the 2021 Jefferies Virtual Consumer Conference on Wednesday, June 23, 2021, at 2:40 PM ET.

Key Points: 
  • HARRISBURG, Pa., June 21, 2021 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (Nasdaq: OLLI) announced today that the Company will now be participating in a fireside chat at the 2021 Jefferies Virtual Consumer Conference on Wednesday, June 23, 2021, at 2:40 PM ET.
  • Attending for Ollies will be John Swygert, President and Chief Executive Officer, and Jay Stasz, Senior Vice President and Chief Financial Officer.
  • An online archive will be available for a period of 90 days following the presentation.
  • We are a highly differentiated and fast growing, extreme value retailer of brand name merchandise at drastically reduced prices.

Criteo announces international partnership with Carrefour Group

Retrieved on: 
Wednesday, June 16, 2021

PARIS, June 16, 2021 /PRNewswire/ --Criteo (NASDAQ: CRTO), the global technology company that provides the world's leading Commerce Media Platform, announced today that it has signed a three-year partnership with Carrefour Group, one of the world's leading food retailers.

Key Points: 
  • PARIS, June 16, 2021 /PRNewswire/ --Criteo (NASDAQ: CRTO), the global technology company that provides the world's leading Commerce Media Platform, announced today that it has signed a three-year partnership with Carrefour Group, one of the world's leading food retailers.
  • Carrefour becomes the first European food retailer to use Criteo's new programmatic platform for retail media allowing Carrefour to market its inventories.
  • The agreement includes the deployment of the Criteo Retail Media platform in 9 key countries1 for the Carrefour Group, starting with France where Criteo will be in charge of the exclusive commercialization of Retail Media inventory to advertisers and agencies.
  • With a multi-format network of some 13,000 stores in more than 30 countries, the Carrefour Group is one of the world's leading food retailers.

Majid Al Futtaim Partners with RELEX to Tailor On-Shelf Inventory Across Carrefour Stores

Retrieved on: 
Wednesday, June 16, 2021

Through this partnership, RELEX will service all of Carrefours 350 stores across 17 countries that are part of Majid Al Futtaim Retails growing regional portfolio.

Key Points: 
  • Through this partnership, RELEX will service all of Carrefours 350 stores across 17 countries that are part of Majid Al Futtaim Retails growing regional portfolio.
  • View the full release here: https://www.businesswire.com/news/home/20210616005360/en/
    Majid Al Futtaim Partners with RELEX to Tailor On-Shelf Inventory Across Carrefour Stores (Photo: Business Wire)
    RELEXs advanced, automated planogramming solution allows Majid Al Futtaim to save time and optimize their processes to align with local demand patterns and fixtures.
  • With RELEX, Majid Al Futtaim will be able to improve store efficiency while boosting sales and customer satisfaction, and customers will always find the right items at the right time in the right location.
  • We are excited to support Majid Al Futtaim in their mission to improve Carrefour customer experience through localized assortments, says Bertrand Henry, Senior Account Executive at RELEX Solutions.

LiveRamp and Carrefour Partner to Deliver Next-Generation Retail Offerings

Retrieved on: 
Tuesday, June 15, 2021

LiveRamps Safe Haven is part of a new business unit that Carrefour is launching on this occasion: Carrefour Links .

Key Points: 
  • LiveRamps Safe Haven is part of a new business unit that Carrefour is launching on this occasion: Carrefour Links .
  • LiveRamp will be a critical accelerator of Carrefours transformation into an industry-leading data-driven retailer, said Elodie Perthuisot, Executive Director E-Commerce, Data and Digital Transformation Carrefour Group.
  • We are delivering great value by working more collaboratively with our CPG and retail supply partners with Carrefour Links.
  • With LiveRamp Safe Haven, brands and their partners can now safely collaborate to deliver better customer experiences and drive business outcomes.

Global Payments and Banco Carrefour Sign New Multi-Year Payments Agreement

Retrieved on: 
Thursday, June 3, 2021

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced that TSYS, its Issuer Solutions business, has signed a multi-year agreement with Banco Carrefour in Brazil.

Key Points: 
  • Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced that TSYS, its Issuer Solutions business, has signed a multi-year agreement with Banco Carrefour in Brazil.
  • Banco Carrefour is the financial services arm of Carrefour Brasil, the countrys leading supercenter retail chain.
  • Banco Carrefour, part of Carrefour Brazil Group, is the only bank owned by a retailer in the country and one of the largest credit card issuers within the Brazilian market.
  • Global Payments Inc. (NYSE: GPN) is a leading pure play payments technology company delivering innovative software and services to our customers globally.

Conn's HomePlus Celebrates First Florida Distribution Center in Lakeland

Retrieved on: 
Wednesday, May 5, 2021

b'HOUSTON, May 5, 2021 /PRNewswire/ --Conn\'s, Inc. (NASDAQ: CONN),specialty retailer of furniture, mattresses, home appliances, and consumer electronics, celebrates the milestone entrance into its 15th state, with the 413,000-square-foot logistics distribution center in Lakeland, Florida, the strategic next step for geographic expansion as part of the company\'s overall growth and development plans.\n"We\'re so thankful for the warm welcome we\'ve received as we\'ve entered into Florida, expanding Conn\'s HomePlus into 15 states," saidNorm Miller, Conn\'s Chairman and CEO.

Key Points: 
  • b'HOUSTON, May 5, 2021 /PRNewswire/ --Conn\'s, Inc. (NASDAQ: CONN),specialty retailer of furniture, mattresses, home appliances, and consumer electronics, celebrates the milestone entrance into its 15th state, with the 413,000-square-foot logistics distribution center in Lakeland, Florida, the strategic next step for geographic expansion as part of the company\'s overall growth and development plans.\n"We\'re so thankful for the warm welcome we\'ve received as we\'ve entered into Florida, expanding Conn\'s HomePlus into 15 states," saidNorm Miller, Conn\'s Chairman and CEO.
  • "The Lakeland distribution center is an important step in continuing the evolution of the company, creating a footprint for future development and functionality for Conn\'s HomePlus.
  • "\nSince entering the state in 2020, Conn\'s HomePlus has opened six showrooms in Florida, with the capacity to open more than 40 stores across the state.
  • Unlike many of its competitors, Conn\'s HomePlus provides flexible in-house credit options for its customers in addition to third-party financing programs and third-party lease-to-own payment plans.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/conns-homeplus-celebrates-first-...\n'

Soma Capital Partners and Drake Real Estate Partners Exit Industrial Property in Petaluma, California

Retrieved on: 
Tuesday, April 27, 2021

SCP acquired the Property in partnership with New York City-based Drake Real Estate Partners (\xe2\x80\x9cDrake\xe2\x80\x9d) in April 2019.

Key Points: 
  • SCP acquired the Property in partnership with New York City-based Drake Real Estate Partners (\xe2\x80\x9cDrake\xe2\x80\x9d) in April 2019.
  • The partners of SCP have acquired approximately two million square feet of commercial real estate since 2012.\nFor more information on Soma Capital Partners, please visit the firm\xe2\x80\x99s website, www.soma-capital.com .\nFounded in 2012, Drake Real Estate Partners is a real estate investment and asset management firm based in New York City.
  • Drake seeks to invest in high quality, income-producing real estate assets at a significant discount to replacement cost, and drives value by focusing on repositioning, leasing and improving operations.
  • Drake uses the flexible, long-term nature of its capital to its advantage by seeking out opportunities that have been overlooked by other investors.