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From fast food to autos, India’s digitally connected users lure investors

Inside Retail

China saw a jump in consumption from 2006 when, as per World Bank data, its per capita gross domestic product (GDP) crossed $2,000. It has nearly 700 million smartphone users, who, rating agency ICRA estimates, consume an average of almost 17 GB in mobile data per month, higher than the 13 GB in China and the 15 GB in North America.

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Retail appointments of the week

Inside Retail

7-Eleven names new general manager of channel. Fiona Hayes (pictured) has been appointed 7-Eleven’s general manager of channel, following almost three decades at Telstra. Du Retail joined L’Oreal France in 1996 and has worked in a variety of fields, including management, operations, finance, and e-commerce.

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As-a-service may be more than you think

Cisco Retail

They certainly aren’t a new way to consume technology. It was 11 years after the Webex SaaS model to AWS launching its first-generation IaaS (infrastructure-as-a-service), EC2 in 2006, with Google Cloud and Azure following closely in 2008 and 2010. The difference between Network as a Service (NaaS) and a managed service.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

Hedge fund manager Edward Lampert, who is also Sears’ former Chairman and CEO and largest shareholder, purchased the company in bankruptcy proceedings for only $5.2 He foresaw that America’s growing railway infrastructure could be used as a way to send goods to consumers in rural communities that lived far away from stores.

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Which Approach To Self-Service Grocery Checkout Will Emerge As The Standard In 2023?

Retail Minded

University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. Emerging “computer vision” solutions use artificial intelligence that wasn’t possible in 1986, or even 2006, to identify products without requiring customers to scan barcodes.

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Rothy’s Names New CEO and President as Co-Founders Move Up

Retail TouchPoints

Ming is a retail veteran who was on the 1994 founding team of Old Navy , becoming the retailer’s first President from 1999 to 2006. She will continue to oversee the deployment of growth capital and manage Rothy’s finance, logistics, data analytics, retail, international and technology divisions. and Kaiser Permanente.

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