The E-Commerce Titan’s Physical Footprint Amazon, the e-commerce behemoth, ventured into the physical retail space with its Fresh stores. However, change is on the horizon as three of these stores prepare to close their doors. Amazon has decided to shutter three of its Fresh stores. The most notable among these […]
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Tray, a cloud-based point-of-sale (POS) provider that operates on legacy hardware has announced a strategic partnership with Alraedah Digital Solutions, a Saudi Arabia-based digital solutions provider. This collaboration aims to cater to the needs of small and medium-sized enterprises (SMEs) and larger clients across various industries in the MENA region, […]
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In a constantly evolving world, the restaurant industry is not left behind. The buzzword “omni-channel” is no longer confined to the retail sector; it has gracefully entered the food and restaurant sector, promising a revolution that caters to the modern consumer’s desire for convenience, speed, and personalization. The Omni-Channel Revolution […]
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In the restaurant industry, tablets are a ubiquitous sight. They’re used for everything from taking orders to processing payments. But while tablets can be a valuable tool, they can also be a significant source of frustration. That’s where Klikit comes in. Klikit is a SaaS platform that helps restaurants streamline […]
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The last mile is the final leg of the journey for a product, from the fulfillment center to the customer’s door. It is often the most expensive, time-consuming, and critical part of the supply chain. A well-run last-mile operation can ensure that products are delivered on time, in good condition, […]
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Retailers use technology to improve the customer experience, streamline operations, and stay ahead of the competition. Grocery stores are investing heavily in technology in 2022. According to a report by Grocery Dive, retailers spent a record $13 billion on technology last year. This investment is driven by several factors, including […]
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Point of Sale (POS) systems are an endless source of insight that can help retailers build customer relationships and boost brand loyalty. POS systems have sophisticated customer shopping behavior analytics, providing valuable insight to help retailers build a promotional sales calendar, create content about popular products, and offer data-backed marketing […]
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Payment processing company Stripe aims to go public within a year, using either a direct listing or private market transaction. Sources familiar with the matter revealed that the start-up is exploring its options with Goldman Sachs and JPMorgan. Stripe has suffered from the economic downturn, with its internal valuation cut […]
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The decision to close eight of the Go stores is seen as part of Amazon’s broader effort to cut costs and optimize its portfolio of physical stores. The company faces slowing sales and a worsening economic outlook and has been taking steps to curtail expenses in its grocery unit and […]
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Bolt, a one-click checkout startup, recently laid off more employees, cutting its headcount by over half since last May. The company stated that it is focusing on the long-term success of its business and its customers and is restructuring its teams to strengthen its core products. According to The Information, […]
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