Jumbo

INEO Announces Fiscal Fourth Quarter and Annual 2023 Financial Results

Retrieved on: 
Friday, October 27, 2023

SURREY, BC, Oct. 26, 2023 /PRNewswire/ - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), the developer and operator of the INEO Media Network, a digital advertising and analytics solution for retailers, today announced it has filed its Annual Audited Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR.com for the Company's fiscal year and fourth quarter ended June 30, 2023.

Key Points: 
  • SURREY, BC, Oct. 26, 2023 /PRNewswire/ - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), the developer and operator of the INEO Media Network, a digital advertising and analytics solution for retailers, today announced it has filed its Annual Audited Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR.com for the Company's fiscal year and fourth quarter ended June 30, 2023.
  • "We are satisfied with our fiscal 2023 annual results in which we reported a 21% increase in revenue," said Greg Watkin, Chairman and Founder of INEO.
  • "2023 has been a monumental year for the Company as we saw the most deployments and installations of the INEO Welcoming System in the Company's history.
  • Kyle Hall, CEO of INEO commented, "We are excited with the significant progress INEO has made with its roll-out strategy in 2023.

INEO Announces the Sale of Welcoming Systems to Prosegur for delivery to Jumbo Cencosud

Retrieved on: 
Tuesday, October 24, 2023

As per the agreement, before the end of October, INEO will be selling and shipping a total of 59 systems, comprised of both Welcoming Systems and Welcoming GATEs, which will be installed in four Jumbo retail locations.

Key Points: 
  • As per the agreement, before the end of October, INEO will be selling and shipping a total of 59 systems, comprised of both Welcoming Systems and Welcoming GATEs, which will be installed in four Jumbo retail locations.
  • With approximately 15 systems installed per store, INEO will be managing an immersive in-store retail media network.
  • INEO will receive revenue from the sale of the systems as well as ongoing SaaS based revenues from the deployment of the installed INEO Welcoming Systems.
  • Jumbo Cencosud, a subsidiary of Cencosud, is a supermarket chain which operates in several countries in Latin America, including Argentina, Brazil, Chile, Colombia, and Peru.

Feeling lonely? Too many of us are. Here's what our supermarkets can do to help

Retrieved on: 
Tuesday, September 5, 2023

For some, a weekly shopping trip may be the only chance to interact with others.

Key Points: 
  • For some, a weekly shopping trip may be the only chance to interact with others.
  • A supermarket chain in the Netherlands is helping to combat loneliness with so-called “slow” checkouts where chatting is encouraged.
  • Read more:
    Why loneliness is both an individual thing and a shared result of the cities we create

We’re getting lonelier

    • Another Australian survey found men aged 35 to 49 had the highest levels of loneliness.
    • Social isolation is a matter of how often we have contact with friends, family and others, which can be measured.
    • Instead of meaningful face-to-face interactions, many of us now rely on social media, phone apps and video calls to socialise.
    • Read more:
      Loneliness is making us physically sick, but social prescribing can treat it – podcast

Could slow, ‘chatty’ checkouts be part of the solution?

    • Sadly, increased use of technology, including self-serve checkouts, and cashiers tasked with speedily processing customers can make it challenging to have a conversation.
    • Recognising loneliness was an issue for many, the idea was to increase social interaction between customers and staff by slowing things down and encouraging conversation.
    • Jumbo’s chief commercial officer, Colette Cloosterman-van Eerd, explained:
      Many people, especially the elderly, sometimes feel lonely.
    • Our shops are an important meeting place for many people, and we want to play a role in identifying and reducing loneliness.
    • The first Kletskassa, in Vlijmen in Brabant, was so successful the family-owned company started rolling out slow checkouts in 200 of its stores.

Supermarkets as ‘third places’ to combat loneliness

    • Third places are familiar public spaces where people can connect over a shared interest or activity.
    • Libraries, coffee shops, book stores, community gardens, churches, gyms and clubs are examples of third places.
    • They all provide the opportunity for close proximity, interaction and often serendipitous conversations with other people we might not usually meet.

Feeling lonely? Too many of us do. Here's what our supermarkets can do to help

Retrieved on: 
Monday, September 4, 2023

For some, a weekly shopping trip may be the only chance to interact with others.

Key Points: 
  • For some, a weekly shopping trip may be the only chance to interact with others.
  • A supermarket chain in the Netherlands is helping to combat loneliness with so-called “slow” checkouts where chatting is encouraged.
  • Read more:
    Why loneliness is both an individual thing and a shared result of the cities we create

We’re getting lonelier

    • Another Australian survey found men aged 35 to 49 had the highest levels of loneliness.
    • Social isolation is a matter of how often we have contact with friends, family and others, which can be measured.
    • Instead of meaningful face-to-face interactions, many of us now rely on social media, phone apps and video calls to socialise.
    • Read more:
      Loneliness is making us physically sick, but social prescribing can treat it – podcast

Could slow, ‘chatty’ checkouts be part of the solution?

    • Sadly, increased use of technology, including self-serve checkouts, and cashiers tasked with speedily processing customers can make it challenging to have a conversation.
    • Recognising loneliness was an issue for many, the idea was to increase social interaction between customers and staff by slowing things down and encouraging conversation.
    • Jumbo’s chief commercial officer, Colette Cloosterman-van Eerd, explained:
      Many people, especially the elderly, sometimes feel lonely.
    • Our shops are an important meeting place for many people, and we want to play a role in identifying and reducing loneliness.
    • The first Kletskassa, in Vlijmen in Brabant, was so successful the family-owned company started rolling out slow checkouts in 200 of its stores.

Supermarkets as ‘third places’ to combat loneliness

    • Third places are familiar public spaces where people can connect over a shared interest or activity.
    • Libraries, coffee shops, book stores, community gardens, churches, gyms and clubs are examples of third places.
    • They all provide the opportunity for close proximity, interaction and often serendipitous conversations with other people we might not usually meet.

The National Association of Mortgage Brokers Names wemlo® a Service Partner of the Year in 2023 NAMB Recognition Awards

Retrieved on: 
Thursday, August 31, 2023

BOCA RATON, Fla., Aug. 31, 2023 /PRNewswire/ -- wemlo®, the first third-party mortgage processing solution with an all-in-one digital platform, today announces it has once again been named a Service Partner of the Year for processing by the National Association of Mortgage Brokers (NAMB) in its 2023 Recognition Awards program.

Key Points: 
  • BOCA RATON, Fla., Aug. 31, 2023 /PRNewswire/ -- wemlo ®, the first third-party mortgage processing solution with an all-in-one digital platform, today announces it has once again been named a Service Partner of the Year for processing by the National Association of Mortgage Brokers (NAMB) in its 2023 Recognition Awards program.
  • Loan processing powerhouse wemlo is changing the game for mortgage brokers by combining highly qualified, customer-centric processing talent with easy-to-use technology.
  • "Our mission at wemlo is to combine unparalleled service with industry-leading offerings to help our customers get effective results, fast.
  • To learn more about how wemlo can help mortgage brokerages and loan originators work more efficiently, book a 15-minute demo with a wemlo representative today.

Integro Bank Launches Their Mortgage Division

Retrieved on: 
Tuesday, August 29, 2023

PHOENIX, Aug. 29, 2023 /PRNewswire/ -- With the launch of the Mortgage Division team, led by Steven Zielsdorf, the VP, Director of Residential Mortgage Lending, Integro Bank continues to position themselves as one of the few community banks in Arizona that is small business-focused and offers mortgage solutions that meets the needs and challenges small business owners face when purchasing a home.

Key Points: 
  • PHOENIX, Aug. 29, 2023 /PRNewswire/ -- With the launch of the Mortgage Division team, led by Steven Zielsdorf, the VP, Director of Residential Mortgage Lending, Integro Bank continues to position themselves as one of the few community banks in Arizona that is small business-focused and offers mortgage solutions that meets the needs and challenges small business owners face when purchasing a home.
  • Mr. Zielsdorf states that "Integro Bank is here to make the home buying process easier and less stressful.
  • The launch of Integro Bank's mortgage division team acts as a further enhancement to the overall lending services the bank offers, which includes SBA lending, Commercial lending, and now Mortgage lending solutions.
  • Additionally, Integro Bank offers robust mortgage lending options for traditional residential home buyers from first-time home buyers, to FHA Loans, Portfolio Fixed-Rate, ARM Loans, Jumbo Loans, USDA Loans, and VA loans.

AI21 Labs Introduces Jurassic-2, the World's Most Advanced Language Model

Retrieved on: 
Thursday, March 9, 2023

TEL AVIV, Israel, March 9, 2023 /PRNewswire/ -- AI21 Labs, a startup aiming to fundamentally change the way people read and write using generative AI, released today Jurassic-2 the world's most customizable language model, together with five new APIs, making it even easier for organizations to build their own applications and services to scale.

Key Points: 
  • When AI21 Labs launched Jurassic-1 in 2021, it fundamentally changed how companies  implemented - and benefited from - generative AI.
  • With the launch of Jurassic-2, AI21 Labs is once again changing the playing field for developers.
  • Jurassic-2 offers a more advanced baseline model, making it one of the most advanced large language models available on the market.
  • AI21 Studio allows developers to build text-based applications like virtual assistants, chatbots, text simplification, content moderation, creative writing, and more.

It Closed the Year with Double-Digit Growth in Revenues and Adjusted EBITDA: Cencosud's Adjusted EBITDA Grew 13.1% During 2022, Reaching US$1,817 Million

Retrieved on: 
Thursday, March 2, 2023

Cencosud closed 2022 with record revenues and Adjusted EBITDA, according to the financial results reported to the Financial Market Commission (CMF).

Key Points: 
  • Cencosud closed 2022 with record revenues and Adjusted EBITDA, according to the financial results reported to the Financial Market Commission (CMF).
  • Adjusted EBITDA growth is explained by the successful execution of the strategy aimed at deepening its exposure to the markets and retail formats with the highest growth, resilience, and profitability.
  • Adjusted EBITDA growth was 12.0%, reaching an Adjusted EBITDA margin of 11.2%.
  • In quantitative terms, Proprietary Brands sales reached US$727 million during the period, an increase of 53% or US$253 million versus 4Q21.

Geneva Financial Named #1 Mortgage Lender on Ranking Arizona's Consumer Poll for Third Consecutive Year

Retrieved on: 
Tuesday, February 14, 2023

CHANDLER, Ariz., Feb. 14, 2023 /PRNewswire/ -- Geneva Financial (Geneva) announced today the company has been named the #1 Mortgage Lender by Ranking Arizona for the third consecutive year.

Key Points: 
  • CHANDLER, Ariz., Feb. 14, 2023 /PRNewswire/ -- Geneva Financial (Geneva) announced today the company has been named the #1 Mortgage Lender by Ranking Arizona for the third consecutive year.
  • The consumer driven award is based on a public vote from Arizona's largest and most comprehensive opinion-based business poll.
  • Geneva Financial prides itself on breaking the norms of conventional thinking and introduced innovative processes for handling business across its 47-state licensure.
  • For the third year in a row, borrowers across Arizona have applauded the value of the authentic human touch Geneva Financial is known for.

Vital Battery Metals Announces Initial Exploration Results at its Sting Copper Project

Retrieved on: 
Wednesday, January 4, 2023

Prospecting near the Jumbo Lode along Gregory River showed basalt displays strong chloritic alteration locally with heavy pyrite and minor chalcopyrite.

Key Points: 
  • Prospecting near the Jumbo Lode along Gregory River showed basalt displays strong chloritic alteration locally with heavy pyrite and minor chalcopyrite.
  • Vital adheres to strict Quality Assurance and Quality Control protocols.
  • 17025 Accredited in Fire Assay Au and multi-acid ore grade assays in Cu, Pb, Zn, Ag, Fe and Co.
  • Geo., consultant geologist for Vital Battery Metals Inc. and a qualified person in accordance with National Instrument 43-101 has reviewed and approved the information contained in this news release.