Tag: in-store
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Simbe Robotics raises $28 million in Series B funding
Simbe Robotics, the company leveraging AI and robotics to elevate the performance of retailers with real-time insights into inventory and operations, has closed a Series B equity financing round of $28 million, led by Eclipse. As one of the premier venture firms specializing in the digital transformation of essential physical industries that impact daily life,…
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AutoStore launches first consumer-facing automated warehouse
AutoStore has launched its latest innovation, the PickUpPort, a public-facing port that lets customers shop online and pick up their order directly from the AutoStore System. Carlos Fernández, chief product officer at AutoStore, says: “It’s important for us to help retailers stay ahead in an ever-changing industry. “With the new PickUpPort, retailers can offer a hassle-free…
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Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030
As the world emerges from the global pandemic, retail is growing at levels not seen in the last two decades. Retail sales grew by 7 percent in 2020 and by over 14 percent in 2021, which is in stark contrast to the 3.7 percent annual growth between 2010 and 2019. The increased demand for retail…
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GreyOrange launches gStore retail stock management app
GreyOrange, a warehouse robotics and automation company, has launched a new app for retail stock management. The mobile-first software-as-a-service app “transforms stores into tech-enabled, personalized experience hubs and centers for online fulfillment using in-store inventory”, claims GreyOrange. Retailers know they need to harmonize digital and physical experiences in their stores, but have struggled to find…
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Decathlon to implement PAL Robotics’ StockBot in facilities worldwide
Sports goods giant Decathlon and PAL Robotics have launched a global partnership after PAL Robotics’ StockBot inventory tracking and data collection solution was selected for rollout across Decathlon stores in multiple countries, assisting the team and elevating in-store experience. The retailer has implemented the solution in order to improve in-store operations and efficiencies so that…
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Walmart’s doubling of online sales to boost warehouse robotics sector
Walmart has reported that its e-commerce sales have almost doubled as a result of the coronavirus lockdown forcing everyone to lock themselves up at home as often as possible and shopping online. The company reported a staggering 97 percent increase in online sales for its second quarter, total revenue of almost $138 billion, which is…
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Zebra Technologies unveils new robot for retail operations
Zebra Technologies has introduced SmartSight, a robot for mass merchants, grocers, and supermarkets and hypermarkets. The company is showcasing the new machine at NRF 2020, the retail technology show currently being held in Chicago, USA. SmartSight leverages the computer vision, machine learning, workflow automation and robotic capabilities of Zebra’s EMA50 enterprise mobile automation system to…
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AT&T working with Badger Technologies to provide 5G networking for retail robots
AT&T and Badger Technologies are working together to accelerate retail automation using autonomous robots with 5G wireless networking capabilities. Badger Technologies’ robots empower retailers to improve operational efficiencies and customer experiences by identifying out-of-stock, mispriced or misplaced inventory as well as store hazards. These advanced mobile data collection systems can fill major gaps in the…