Aldi | Jotup

Trigo, REWE Launch Germany’s First Fully Automated Supermarket

Retrieved on:

Wednesday, December 14, 2022

Trigo’s computer vision algorithms --running off data produced by ceiling-mounted cameras and shelf sensors-- create a 3D "digital twin" of the store. The system logs shoppers' movements inside the store and correlates that with data on items they pick from the shelves. The algorithms can also be used to monitor inventory levels in real time, and detect items that have been misplaced or stolen.

Key Points:

Trigo, an Israel-based computer vision company that builds systems for autonomous checkout and retail analytics, has rolled out Germanys first fully-autonomous cashierless supermarket in partnership with German grocery giant REWE Group.
The system logs shoppers' movements inside the store and correlates that with data on items they pick from the shelves.
Whereas in those stores shoppers can also use conventional checkout if they wish, the Munich store is fully cashierless, making it Germanys first fully automated supermarket.
The first fully autonomous REWE store marks the beginning of the second test phase of REWE Pick&Go, the companys innovation project.

EQS-News: GK Software continues strong growth in the Cloud

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Sunday, November 27, 2022

EBITDA, Hy-Vee, Chemnitz, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, GK, Aldi, Edeka, Saas, Lidl, IPO, EBIT, Walmart, Adidas, GK Software, Sale, Migros, Netto Marken-Discount, Security (finance), Coop

Despite an increasingly difficult market environment, preliminary figures show GK Software SE continuing on its strong growth track.

Key Points:

Despite an increasingly difficult market environment, preliminary figures show GK Software SE continuing on its strong growth track.
The increase in revenue and earnings is based on growing Saas-revenue, as well as strong existing customer business and traditional software license revenue with new clients.
GK Software SE is a leading global provider of cloud solutions for the international retail industry and one of the fastest growing companies in its field.
Thanks to its comprehensive product portfolio, 22 percent of the world's 50 largest retailers currently rely on solutions from GK.

Little Starts: Parents Shouldn't Have To Compromise Child Development This Christmas

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Wednesday, November 23, 2022

Dance, Friends, Tesco, Mental health, Singing, Swimming, Parent, Child, Family, Music, Toy, Aldi

DERBY, England, Nov. 23, 2022 /PRNewswire/ -- The cost-of-living crisis shouldn't mean compromising child development and parents' mental health.

Key Points:

DERBY, England, Nov. 23, 2022 /PRNewswire/ -- The cost-of-living crisis shouldn't mean compromising child development and parents' mental health.
Increasing costs mean many parents are choosing between taking their children to activity-based classes, which aid child development and provide support for parents, versus everyday necessities.
The Little Starts Gift Card is the leading gift card for baby, toddler and preschool classes, which helps parents and their little ones get out of the house, have fun, make memories, increase development and boost mental health.
Little Starts Gift Cards are available from 10 - 200 as an e-card or printed gift card on 100% recyclable paperboard.

Little Starts: Parents Shouldn't Have To Compromise Child Development This Christmas

Retrieved on:

Wednesday, November 23, 2022

Dance, Friends, Tesco, Mental health, Singing, Swimming, Parent, Child, Family, Music, Toy, Aldi

DERBY, England, Nov. 23, 2022 /PRNewswire/ -- The cost-of-living crisis shouldn't mean compromising child development and parents' mental health.

Key Points:

DERBY, England, Nov. 23, 2022 /PRNewswire/ -- The cost-of-living crisis shouldn't mean compromising child development and parents' mental health.
Increasing costs mean many parents are choosing between taking their children to activity-based classes, which aid child development and provide support for parents, versus everyday necessities.
The Little Starts Gift Card is the leading gift card for baby, toddler and preschool classes, which helps parents and their little ones get out of the house, have fun, make memories, increase development and boost mental health.
Little Starts Gift Cards are available from 10 - 200 as an e-card or printed gift card on 100% recyclable paperboard.

WeGift Closes £26 Million Series B Funding as Demand for the Digital Payouts Platform Surges

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Tuesday, November 15, 2022

LONDON, Nov. 15, 2022 /PRNewswire/ -- WeGift, the industry leader in digital payouts, today announced the closing of a £26 million Series B, furthering its mission to allow anyone to transfer any digital currency more freely across the globe.

Key Points:

LONDON, Nov. 15, 2022 /PRNewswire/ -- WeGift, the industry leader in digital payouts, today announced the closing of a 26 million Series B, furthering its mission to allow anyone to transfer any digital currency more freely across the globe.
WeGift, the industry leader in digital payouts, today announced the closing of a 26 million Series B funding round.
WeGift is at the forefront of the payouts revolution, making digital currency and stored value of any kind move more efficiently among organisations, merchants and individuals.
Our digital currency network gives corporate and platform users powerful tools to incentivize, reward, drive conversion, disburse funds and more."

WeGift Closes £26 Million Series B Funding as Demand for the Digital Payouts Platform Surges

Retrieved on:

Tuesday, November 15, 2022

Growth, Commerce, Venture, E-commerce, Mint Mobile, Dunkin, Industry, Nike, Reward, Instacart, Investment, CEO, SAP, Aldi, Vitruvian Partners, Airbnb, Sodexo, Solution, Cryptocurrency, Vodafone

LONDON, Nov. 15, 2022 /PRNewswire/ -- WeGift, the industry leader in digital payouts, today announced the closing of a £26 million Series B, furthering its mission to allow anyone to transfer any digital currency more freely across the globe.

Key Points:

LONDON, Nov. 15, 2022 /PRNewswire/ -- WeGift, the industry leader in digital payouts, today announced the closing of a 26 million Series B, furthering its mission to allow anyone to transfer any digital currency more freely across the globe.
WeGift is at the forefront of the payouts revolution, making digital currency and stored value of any kind move more efficiently among organisations, merchants and individuals.
Our digital currency network gives corporate and platform users powerful tools to incentivize, reward, drive conversion, disburse funds and more."
To join WeGift - whether as a customer, prospective employee or to be added to the network - please visit https://www.wegift.io .

Retailers under pressure to provide value amidst falling retail sales

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Tuesday, November 8, 2022

British Retail Consortium, Card Factory, Face, OC, Lidl, BRC, Consultant, Goal, Aldi, Safety, RPI, Retail, Video game, Online shopping

LONDON, Nov. 8, 2022 /PRNewswire/ -- Retailers are being forced to build on their value credentials as consumer budgets are squeezed further into the festive season.

Key Points:

But today's BRC figures reiterate that retail businesses should be braced for a hard winter as squeezed consumers cut down on spending and increasingly demand value from their favourite shops.
Value credentials have become much more important in determining which retailers consumers choose to shop with.
The RPI crowned Card Factory, Aldi and Lidl as the UK's favourite retailers in terms of low prices and value for money in 2022.
All Rankings of the 2022 Retail Proposition Index can be found here: https://www.occstrategy.com/media/3250/05276-occ-ip-rpi-uk-all-about-val...
*British Retail Consortium Retail Sales Monitor data, 8th November, 2022
For more information about OC&C Strategy Consultants, please visit http://www.occstrategy.com

The Worldwide Meat, Poultry and Seafood Industry is Expected to Reach $1.6 Billion by 2030 - ResearchAndMarkets.com

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Tuesday, November 1, 2022

Retail, Agriculture, Natural Resources, Food, Beverage, Awareness, Walmart, Supermarket, Industry, Tesco, COVID-19, Meat, Traction, Poultry, Chapter Three, Grocery store, Aldi

The growing consumer awareness and preferences for high-quality attributes of meat are expected to steer the global meat industry.

Key Points:

The growing consumer awareness and preferences for high-quality attributes of meat are expected to steer the global meat industry.
Preference for high-quality meat has led to the growing demand for organic products in the meat, poultry and seafood segments.
The rise in demand for meat, poultry & seafood by consumers has made retailers allocate greater shelf spaces for these products.
The recent outbreak of COVID-19 has increased the penetration of online retailers in the meat, poultry & seafood segment
Chapter 3.

Trigo Raises $100M to Scale AI-Powered Frictionless Grocery Retail Platform

Retrieved on:

Wednesday, October 26, 2022

Data Management, Retail, Technology, Supermarket, Software, Artificial Intelligence, Cloud, Traction, Viola, Temasek, Aldi, Facial recognition, EVP, Tesco, Computer, 3D, SE, Multimedia, SAP S/4HANA, REWE Group, Â, Character, Technology, SAP, CEO, Environment, SAP SE, Head, SAE, Supermarket, Solution, Human, Compliance, Algorithm, Online shopping, Grocery store, Retail, Kantar, EU, Netto

Trigo transforms existing supermarkets into fully autonomous digital stores where feeds from ceiling-mounted cameras and shelf sensors are analyzed to generate a “digital twin” of the store. Computer vision algorithms --similar to the ones on driverless cars --log interactions between humans and merchandise. The result is a fundamental transformation in the way physical stores are being managed and experienced by both shoppers and operators. For example, shoppers can walk into stores, select their items off the shelves, and leave without having to queue at checkout or scan any goods. Payments and receipts are settled digitally.

Key Points:

Trigo transforms existing supermarkets into fully autonomous digital stores where feeds from ceiling-mounted cameras and shelf sensors are analyzed to generate a digital twin of the store.
The annual value of retail shrink (including grocery) is estimated at around $100 billion .
Leveraging world class AI experts, Trigo works closely with retailers to convert their existing stores into frictionless shopping experiences while maintaining their unique character and layout.
The company's advanced retail automation platform identifies picked up shopping items with exceptional levels of accuracy, creating an entirely seamless checkout process.

Owing to Growing Popularity & Demand, the Online Grocery Market is Set to Garner US$ 2778.4 Bn Revenue by year 2032 end. Get Data Analysis by Future Market Insights, Inc.

Retrieved on:

Wednesday, October 26, 2022

NEWARK, DEL, Oct. 26, 2022 /PRNewswire/ -- The global online grocery market is expected to showcase lucrative growth opportunities by exhibiting a CAGR of 23% from 2022 to 2032. The global market is anticipated to generate a revenue of US$ 2778.4 billion by 2032, up from US$ 350.55 billion in 2022. According to Future Market Insights analysis, smartphone apps account for around 90% (by volume) of online grocery orders with web-based platforms making up the remaining 10%.

Key Points:

According to Future Market Insights analysis, smartphone apps account for around 90% (by volume) of online grocery orders with web-based platforms making up the remaining 10%.
Over the last three quarters, top companies around the world have invested more than US$ 100 million in online grocery start-ups.
On the basis of product type, packed food is anticipated to account for around 50% of the global online grocery market by the end of the year.
Proliferating e-commerce platforms and rapid digitization across the region are expected to be supportive of the expansion of the online grocery market.