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Youfoodz optimises inventory management with DSI

Australian food delivery service Youfoodz has selected cloud supply chain solutions provider DSI to optimise inventory movement and operations from raw materials to finished goods.

Youfoodz optimises inventory management with DSI

Australian food delivery service Youfoodz has selected cloud supply chain solutions provider DSI to optimise inventory movement and operations from raw materials to finished goods.

CarPal Fleet presents machine learning-powered software solution for logistics players

On-demand delivery service provider CarPal has rolled out an advanced version of its product to help accelerate businesses with the right tools and empower them to deliver the best delivery experience to their customers.

Singapore mall hosts space-themed events

White Sands, located in the heartlands of Pasir Ris in Singapore, will be running The Starmazing Space Adventure from 25 May to 30 June 2018. This space-themed campaign is built in collaboration with schools nation-wide for shoppers and space enthusiasts to learn about outer space, constellations, planets and the universe. The mall will offer a range of activities such as shopper giveaways and a unique indoor space exhibit made from balloons and lights.

Pre-GDPR, new consent-based data model by SAP launched

Multinational software corporation SAP SE has released SAP Customer Data Cloud solutions from Gigya, a solution based on a consent-based data model, that helps businesses nurture trusted relationships with customers by providing them more transparency and control over the use of their personal data, according to the company.

Singapore's Carro closes US$60m in Series B funding

South-east Asia’s automotive marketplace Carro announced the close of US$60 million in Series B funding. The deal was co-led by Softbank Ventures Korea, Insignia Ventures Partners and B Capital Group, with participation from the family office of Manik Arora (founder of IDG Ventures India). Existing investors Venturra, Singtel Innov8, Golden Gate Ventures and Alpha JWC also participated in this round of fundraising.

Simon announces US$4 billion investment

American commercial real estate company Simon Property Group has launched a US$4 billion plan to create innovative, new lifestyle experiences across multiple Simon properties including malls, Premium Outlets and Mills.

Naspers sells stake in Flipkart

South Africa-based global internet and entertainment group Naspers Limited recently announced the sale of its 11.18% stake in Indian e-commerce company Flipkart, to US-based retailer Walmart for US$2.2 billion.

IH+HS 2018 a veritable expo for sourcing Smart products

Many customers today, especially millennials, wax lyrical on all things online and connected but the truth is that the majority of consumers still prefer to physically touch, feel and experience products before making the final decision to purchase. And this was so for the thousands of retailers and distributors from 125 countries pacing the halls at McCormick Place, Chicago, USA, to view, touch and test the exhibits at this year’s International Home + Housewares Show. Andrew Yeo reports.

Asian online consumers expect free shipping, will shop globally for better options via smartphones

AS more shoppers in Asia buy online, their rising expectations amidst a competitive retailer landscape is driving increased demand for free shipping, expedited deliveries and customer centric return policies to be offered as the standard, according to the UPS Pulse of the Online Shopper study.

Study reveals nearly half of brands lose sales to counterfeiting

NEW research from US software company MarkMonitor revealed that almost half (47%) of brands lose sales revenue to counterfeit or pirated goods, with one in three reporting a loss of more than 10%.

Ramadan online shopping: Engage shoppers two weeks before Eid al-Fitr to enhance retail sales

A robust mobile strategy is a must as more consumers turn to mobile apps to shop during Ramadan.The global halal industry is projected to surpass US$1 trillion in size by 2030.

More than just eye candy

Technology has been changing the way retailers do everything, including visual merchandising. But is it enough to appeal to today’s shoppers? Muneerah Bee takes a peek at how this area is evolving in the industry.

Digitalising retail operations for an improved shopping experience

Held in Kuala Lumpur, the Retail Agenda Forum 2018 hosted by technology solutions provider StrongPoint APAC concluded its successful second edition last month.

Posiflex launches North American Corporate Office

Taiwanese global point-of-sale (sale) terminal provider Posiflex Technology recently announced the launch of a North American Corporate Office (NACO), implemented to drive strategic solution synergy and enrich product and service offerings in the market.

80% of retailers consider personalised, real-time marketing automation a driver of profitability

Artificial intelligence-enabled solutions provider Symphony RetailAI recently announced the findings of its Marketing 360: Personalising the Path to Purchase survey. The report explores the current state of personalised marketing in fast-moving consumer goods in the US and the value of AI-enabled real-time marketing automation for driving profitability and customer retention.

European producers to introduce their products to South-east Asia market

Over 40 European organic food and beverage producers from 14 different European Union (EU) member states will be on a week-long business mission to Singapore from 15 to 17 May 2018. They will introduce their products – all of which are EU Organic certified – to the South-east Asia market.