Gather AI has raised $17 million to scale its computer vision and AI-powered warehouse inventory monitoring offerings. The Series A-1 round, announced Wednesday (March 27), will be used to scale operations as Gather AI tries to grow its customer base by solving supply chain issues with richer data...
Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6 billion spent in 2023. The investment will be distributed across various business areas, including warehouse expansion, logistics network enhancement, loan...
Brands invest significant resources in merchandising, often relying on third-party interventions to ensure proper stocking and presentation of products in stores. To accomplish this, brand representatives are deployed to stores on scheduled route visits or to conduct checks on available products and rectify any issues....
Bridal and formalwear brand Allure Bridals has debuted a finance program for retailers. The program is “a first-of-its-kind program within the bridal industry,” the Memphis-based company said in a Monday (Feb. 26) press release. It is designed to let retailers make sure they have the stock they need while...
March 01, 2024
Brands invest significant resources in merchandising, often relying on third-party interventions to ensure proper stocking and presentation of products in stores. To accomplish this, brand representatives are deployed to stores on scheduled route visits or to conduct checks on available products and rectify any issues. However, this process frequently fails to yield meaningful insights beyond […]
April 20, 2023
At this point, the lack of product selection amid an inflationary environment has a chicken-and-egg feel to it. As reported earlier this month by The Wall Street Journal, merchants and...
December 29, 2021
There is no better teacher than experience — and when you add in the benefit of holiday season hindsight that’s just a few days old, the opportunity for edification is...
September 06, 2021
The bottlenecks at major container ports are not new: key factory closures in Asia have been a rolling problem for months, while a shortage of truck drivers across Europe has...
March 29, 2024
Retail inventories increased to $808.8 billion in February. That figure is 0.5% higher than January and 5.6% higher than it was a year earlier, the Census Bureau said in a Friday (March 29) press release sharing advance economic indicators. The bureau also revised its previously released figure for the percentage change from December 2023 to […]
March 27, 2024
Gather AI has raised $17 million to scale its computer vision and AI-powered warehouse inventory monitoring offerings. The Series A-1 round, announced Wednesday (March 27), will be used to scale operations as Gather...
March 15, 2024
Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6 billion spent in 2023. The...
February 26, 2024
Bridal and formalwear brand Allure Bridals has debuted a finance program for retailers. The program is “a first-of-its-kind program within the bridal industry,” the Memphis-based company said in a Monday (Feb. 26) press...
