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Retail

Badger Technologies opens new office and Jabil Center of Robotics Excellence in Kentucky

December 20, 2024 by David Edwards

Badger Technologies, a product division of Jabil, has announced the grand opening of their new corporate office and Center of Robotics Excellence to accelerate the research, development and delivery of state-of-the-art robotics and retail automation solutions.

The 25,000-square-foot facility includes engineering and research and development labs to support more than 50 engineers; a robotics training and testing area; and a customer ideation center.

The new space will better enable Badger Technologies’ strategic collaborations with technology companies, furthering the development of next-generation robotics solutions like computer vision, artificial intelligence, machine learning, robot operating systems, and connectivity. [Read more…] about Badger Technologies opens new office and Jabil Center of Robotics Excellence in Kentucky

Filed Under: News, Retail Tagged With: badger, center, excellence, kentucky, office, robotics, technologies

Simbe Robotics introduces ‘industry-first’ farm supply solution

December 13, 2024 by Mark Allinson

Simbe Robotics, the provider of in-store inventory robots and its proprietary Store Intelligence software, is expanding into farm supply with a partnership with Country Supplier.

After a successful proof of value, Country Supplier, a farm and ranch retailer with stores across Idaho, Utah, Nevada and Arizona, will install Simbe technology across additional locations.

Farm supply stores are vital to local communities, providing essential products that support daily operations for farms and local businesses. To meet seasonal demand, store shelves need to be well-stocked with the right products, at the right time, and at price points that customers expect. [Read more…] about Simbe Robotics introduces ‘industry-first’ farm supply solution

Filed Under: News, Retail Tagged With: country, farm, intelligence, retail, robotics, simbe, store, supplier, supply

Simbe Robotics raises $50 million in Series C funding

October 31, 2024 by Mark Allinson

Simbe Robotics, a provider of store intelligence solutions, has closed a $50 million Series C equity financing round led by Growth Equity at Goldman Sachs Alternatives, with participation from Eclipse and Valo Ventures and other existing investors.

Since raising its Series B in July 2023, Simbe has achieved significant momentum and milestones such as introducing multiple capabilities and securing numerous new and expanded partnerships across various retail sectors.

The new capital, which brings the total amount raised by Simbe to over $100 million, will be used to meet surging demand for retail technology across retail verticals, expand into new product areas, and continue scaling its best-in-class solutions to retailers and brands around the world. [Read more…] about Simbe Robotics raises $50 million in Series C funding

Filed Under: News, Retail Tagged With: funding, inventory, investment, retail, robotics, series c, simbe, tally

Brain Corp and JRTech Solutions partner to bring autonomous inventory management solutions to Canada

October 31, 2024 by Mark Allinson

Brain Corp, the autonomous technology company creating transformative solutions in robotics and AI, and JRTech Solutions, the largest provider of Electronic Shelf Labels (ESL) in Canada, has formed an exclusive partnership to bring autonomous inventory management solutions to retailers in the Canadian market.

Under this agreement, JRTech Solutions will become the exclusive provider to retailers in Canada of Brain Corp’s BrainOS Sense Suite, an end-to-end inventory management platform that helps retailers autonomously manage their in-store inventory with robots and artificial intelligence (AI).

This partnership marks a step forward in bringing intelligent and interconnected inventory management solutions to retailers. [Read more…] about Brain Corp and JRTech Solutions partner to bring autonomous inventory management solutions to Canada

Filed Under: News, Retail Tagged With: ABI Research, autonomous, brain corp, brainos, canada, partner, solutions, technology

Simbe unveils retail solution to deliver daily sales data to brands and vendors

October 22, 2024 by Mark Allinson

The retail industry is embracing technology at an increasingly rapid clip, applying AI and automation to accelerate growth.

However, automation is only as effective as its data foundation, underscoring the critical need to address the data desert that exists on store shelves and impacts the entire retail ecosystem.

In response, Simbe Robotics, the only provider of multimodal Store Intelligence solutions, has launched Simbe Brand Insights, a groundbreaking solution that equips retailers’ vendor partners with near real-time shelf intelligence for the first time, redefining the traditional retail operations model. [Read more…] about Simbe unveils retail solution to deliver daily sales data to brands and vendors

Filed Under: News, Retail Tagged With: brands, data, partners, retail, robotics, simbe, vendor

How Technology Can Drive Retail Growth: Tools and Tips for Scaling

October 22, 2024 by Mark Allinson

The retail landscape is evolving rapidly, and businesses must adapt to keep pace with consumer demands and market trends. One of the most effective ways to achieve growth and scale efficiently is through the implementation of technology.

Modern retail businesses can no longer rely solely on traditional methods to manage their operations and customer interactions.

By leveraging advanced technologies such as inventory management systems, AI-driven analytics, and customer relationship management (CRM) tools, retailers can streamline processes, improve customer experiences, and ultimately drive growth. [Read more…] about How Technology Can Drive Retail Growth: Tools and Tips for Scaling

Filed Under: Retail Tagged With: crm, customer, growth, inventory, management, relations, scaling, systems, technology, tips, tools

GreyOrange introduces new technology for RFID-driven retail operations

October 11, 2024 by Mark Allinson

GreyOrange, a provider of supply chain robotics and AI technology, has introduced SoftFence, which the company describes as “a groundbreaking virtual shielding technology”.

The software is available through GreyOrange’s retail software as a service (SaaS) platform, gStore.

GreyOrange says gStore is designed to enhance store execution through real-time inventory management and intelligent tasking, and that it is “already trusted for implementing over 250 overhead RFID-enabled stores, which is a global first”. [Read more…] about GreyOrange introduces new technology for RFID-driven retail operations

Filed Under: News, Retail Tagged With: ai, greyorange, gstore, retail, rfid, softfence, technology, warehouse

Simbe Robotics expands into Turkey with Carrefour

October 2, 2024 by Mark Allinson

Simbe Robotics, which describes itself as “the only multimodal provider of store intelligence solutions”, has agreed a new international partnership with CarrefourSA, a Turkish subsidiary of Sabanci Holding and Carrefour Group which operates in over 1,200 stores across 64 provinces and employs a workforce of 15,000.

As a surging number of global retailers deploy Simbe’s platform, new research also reveals that over three of four shoppers prefer retailers with in-store robots. [Read more…] about Simbe Robotics expands into Turkey with Carrefour

Filed Under: News, Retail Tagged With: carrefour, inventory, robot, robotics, simbe, tally, turkey

Wakefern food scales up Simbe Robotics’ store intelligence

September 17, 2024 by Mark Allinson

As top retailers deepen technology investments to enhance business performance, Simbe, the leading provider of Store Intelligence solutions, has unveiled plans to expand its work with Wakefern Food, the largest retailer-owned supermarket cooperative in the United States.

The latest cooperative organizations to add Simbe’s technology to stores include Wakefern Member Inserra Supermarkets, which owns and operates 23 ShopRite stores, and Shop-Rite Supermarkets, a wholly-owned subsidiary of Wakefern that operates 37 ShopRite stores in New York and New Jersey.

Both Inserra Supermarkets and SRS are implementing Tally’s AI-powered solution. The world’s first, most advanced autonomous item-scanning robot, Tally looks for out-of-stocks and misplaced items and helps retail teams focus more on customers and the customer experience. [Read more…] about Wakefern food scales up Simbe Robotics’ store intelligence

Filed Under: News, Retail Tagged With: intelligence, robotics, simbe, store, wakefern

Simbe Robotics unveils new technology to enable retailers to capture and view data faster

July 17, 2024 by Mark Allinson

As the majority of retailers embrace in-store technologies that improve business and store team performance, Simbe Robotics, a provider of robotic store intelligence solutions, has launched two new, cutting-edge product capabilities.

The announcement marks one of Simbe’s largest software updates to date and extends the value of its web platform – as the only platform with proven results at scale used by dozens of retailers across three continents globally.

The first solution, Simbe Mobile, is a configurable mobile application that puts Simbe’s Store Intelligence platform in the palm of store teams’ hands, offering prioritized inventory and pricing tasks, near real-time data analytics, planogram compliance and more, on any device.

[Read more…] about Simbe Robotics unveils new technology to enable retailers to capture and view data faster

Filed Under: News, Retail Tagged With: intelligence, mobile, retailers, robot, robotic, robotics, simbe, store, tally, tour, virtual

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