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VeChain and Walmart forge a new path in Retail with Blockchain Innovation

Key Insights and Signals – Retail & Consumer Goods

Partnerships
VeChain and Walmart forge a new path in Retail with Blockchain Innovation
Walmart and blockchain pioneer VeChain redefine retail with an expanded partnership focusing on supply chain transparency. Leveraging blockchain and IoT, the collaboration ensures real-time tracking of products, enhancing food safety, and sustainability, and empowering consumers with detailed product information. Read More>>
Good Glamm and Shoppers Stop collaborate for Omni-Channel Retail
The collaboration aims to bridge the gap between online and offline retail and bring digital shopping experiences into physical stores. Read More>>


Deal
Accent Group chooses Amperity’s CDP for Omnichannel Optimisation
Accent Group has chosen Amperity’s customer data platform for its marketing technology stack. The Deals aim to optimize the omnichannel retail experience and deliver personalized customer journeys. Read More>>


Centre Setup and Expansion
Walmart launches high-tech market Fulfillment Center in Katy, Texas
It is located at the Katy Supercenter near Katy Mills Mall. This advanced center combines human and robotic efforts for efficient stocking and order fulfillment, exemplifying Walmart’s commitment to enhancing online grocery shopping experiences. Read More>>
Asda to open 34 new stores before Christmas
The move follows the acquisition of EG Group’s UK business and the conversion of Co-op petrol stations to Asda Express convenience stores. Read More>>


Executive Movements
Ahold Delhaize appoints Alex Holt as its Chief Sustainability Officer
Alex will be succeeding Jan Ernst de Groot. Holt, currently Chief Sustainability Officer at Woolworths Group, will focus on sustainability strategies and goals, contributing to Ahold Delhaize’s commitment to a sustainable food system. Read More>>


New Product Development and Product Launch
Nexta announces its new retail Media Solution and partnership with Danish Retailer Dagrofa
Nexta introduces a retail media solution, enabling retailers like Dagrofa to offer scalable targeted display campaigns through a three-step self-service platform. The partnership enhances Dagrofa’s advertising capabilities, providing a frictionless and transparent retail media network. Read More>>
SPAR Albania introduces Self-Checkout Technology in Supermarkets
Customers can scan items, pay independently, and earn loyalty points. The pilot project has been successful, and SPAR plans to expand self-checkout across its network. Read More>>
Living Spaces rolls out Diamond Mattress Bed with Smart Technology to 37 Stores
Living Spaces collaborates with Diamond Mattress to unveil the Adaptive Sleep bed, its first mattress featuring integrated body-sensing technology and app-enabled functions for personalized sleep data. The mattress, priced at $4,395 in queen size, has received a positive response from consumers. Read More>>

Latest Industry Insights from Draup Braindesk

Advanced Skincare Innovation
  • Kao Corporation emphasizes innovation through various initiatives, including constructing automated warehouses, unique decoration services, and developing advanced skincare products like the RNA monitoring technique for early Atopic Dermatitis diagnosis. 
  • This advancement enables Kao Corporation to continue and provide its customers with high-quality, cutting-edge products and services. 
  • The company has expanded its product range by acquiring skincare companies and establishing new brands such as UNLICS and re/cover, which illustrates Kao’s commitment to product innovation and global market expansion.
Eco-Friendly Power and Packaging Solutions
  • Kao is actively engaged in developing and implementing recycling technologies, emphasizing film packaging and addressing challenges in reusing different materials to create sustainable packaging solutions. 
  • Kao Corporation prioritizes managing a biomass power plant, recycled materials, and deploying eco-friendly RORO ships for product-sustainable transportation. The company aims to ensure resource use, environmental conservation, and reduced carbon emissions.

Key Funding Alert

Walmart Canada pushes forward with Billion-Dollar Store Investment
Walmart Canada allocates USD 1 billion for store enhancements and online service expansion, part of a broader USD 3.5 billion transformation plan. The flagship Square One Walmart Supercentre in Ontario becomes an omni-channel retail testbed with interactive displays and a Health Hub. Read More>>

Latest Reports Published in Draup

CVS Health Corporation Account Intelligence Report
CVS Health Corporation developed cloud-based data management to manage data across cloud platforms and pharmacy benefit manager, CVS Caremark, to build real-time pricing data. Read More>>

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