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Instacart’s Long-Awaited IPO Values Company at $10 Billion

Retail TouchPoints

The IPO valuation represents a significant decline from early 2021, at the height of the COVID pandemic, when Instacart raised funding at a $39 billion valuation. The share price jumped in the IPO’s debut to $42 , according to the Wall Street Journal. grocery industry, according to the company’s SEC filing.

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Winning the last mile in the supply chain race

Inside Retail

Micro-fulfilment centres (MFCs) are the next step in creating a harmonious omni-channel supply chain. Ongoing shifts in the retail landscape, driven by e-commerce, along with changing consumer demands and expectations, are creating an increased need for fast, efficient local fulfilment.

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Top 10 Contactless Trends to Watch in 2022

Retail TouchPoints

The desire is still there to do touchless, but for different reasons than COVID safety,” he said during a presentation at the 2021 retailX conference in Chicago. Retailers had wanted to do this before as a way to save on labor costs.”.

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Walmart Canada Will Invest $3.5 Billion To Modernize Stores, DCs And Supply Chain

Retail TouchPoints

At the store level, the funds will go toward: Renovations to nearly one-third of its locations; Expansion of curbside pickup ; Piloting “micro fulfillment centers” within supercenters to speed up fulfillment of pickup and delivery orders ; and Deploying digitization, robotics and Internet of Things (IoT) technologies to make stores smarter.

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Is unified commerce the new holy grail?

Inside Retail

It connects, on a centralised and measurable platform, several touchpoints and interactions a customer has with the brand or business: payments, rewards, inventory, delivery options, product return, supply chain, fulfilment options, and more. The smarter fulfilment models might even make this happen on the same or next day.

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Hudson Uses COVID Shutdown to Shave 5 Months off Transaction Platform Deployment

Retail TouchPoints

We were already on a very demanding timeline to implement the system across more than 2,000 points of sale in the U.S. Because of the pandemic, the launch is now slated for 2021. and Canada when the pandemic caught us,” Martin-Consuegra said. But we looked beyond the crisis and took advantage of it. and Canada.

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Mi9 Retail CEO, Neil Moses, Named to Top 50 SaaS CEOs Report for 2021

M19 Retail

Neil Moses has been named to The Software Report’s Top 50 SaaS CEOs for 2021. ThryveAI was established in 2020 as an Mi9 Retail brand, and has become a leading provider of fulfillment and e-commerce solutions for retailers in the U.S. Mi9 Retail CEO, Neil Moses, Named to Top 50 SaaS CEOs Report for 2021. Recent Posts.