Specialty

Pet Valu Selects RELEX Solutions for Promotions and Price Optimization

Retrieved on: 
Tuesday, April 9, 2024

RELEX Solutions (“RELEX” or the “Company”), provider of unified supply chain and retail planning solutions, is pleased to announce that Pet Valu Holdings Ltd , (“Pet Valu”), Canada’s leading retailer of pet food and related supplies, has selected RELEX to optimize their pricing and promotions planning processes utilized across its over 780 retail locations and nation-wide digital channels.

Key Points: 
  • RELEX Solutions (“RELEX” or the “Company”), provider of unified supply chain and retail planning solutions, is pleased to announce that Pet Valu Holdings Ltd , (“Pet Valu”), Canada’s leading retailer of pet food and related supplies, has selected RELEX to optimize their pricing and promotions planning processes utilized across its over 780 retail locations and nation-wide digital channels.
  • With extensive experience in the retail space, the RELEX team will not only bring specialized technology into the relationship – but also the know-how to help Pet Valu maximize data visibility for promotions planning and price optimization.
  • Consumers’ needs for their four-legged family members are continually changing, and RELEX can help Pet Valu understand and plan for those demand shifts,” says Keith Adams, Senior Vice President of North America, RELEX Solutions.
  • “We believe our solutions can help Pet Valu to integrate newly acquired products efficiently, market them effectively, and help grow their business profitably.”

Ecommerce Innovator Spresso Secures Initial Series A Funding Led by Funds and Accounts Managed by BlackRock

Retrieved on: 
Tuesday, April 9, 2024

Spresso , a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”).

Key Points: 
  • Spresso , a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”).
  • “BlackRock's investment signifies their continued confidence in our vision,” said Jared Yaman, CEO of Spresso.
  • Commerce Suite : Robust ecommerce platform for building and managing successful online storefronts, ensuring seamless customer experiences.
  • “We are excited to continue to support the company’s growth through this investment.”
    BlackRock first made a strategic investment in Spresso in May 2023.

WM Technology, Inc. Announces Notification of Delinquency with Nasdaq

Retrieved on: 
Tuesday, April 9, 2024

WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), announced it received an expected delinquency notification letter from Nasdaq’s Listing Qualifications Department on April 2, 2024 which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2023 (“Annual Report”).

Key Points: 
  • WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), announced it received an expected delinquency notification letter from Nasdaq’s Listing Qualifications Department on April 2, 2024 which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2023 (“Annual Report”).
  • The Nasdaq listing rules require listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC").
  • This notification has no immediate effect on the listing of the Company’s securities on Nasdaq.
  • If accepted, Nasdaq can grant an exception of up to 180 calendar days from the original due date of the Annual Report, or until September 30, 2024, to regain compliance.

POSaBIT to Host Fourth Quarter and FY 2023 Earnings Conference Call

Retrieved on: 
Tuesday, April 9, 2024

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on April 29, 2024 at 4:30 PM ET to discuss the results of the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on April 29, 2024 at 4:30 PM ET to discuss the results of the fourth quarter and full year ended December 31, 2023.

BeautyHealth Names Sheri Lewis as Chief Supply Chain and Operations Officer

Retrieved on: 
Tuesday, April 9, 2024

The Beauty Health Company (NASDAQ: SKIN), home to flagship brand Hydrafacial, today announced that it has appointed Sheri Lewis as Chief Supply Chain and Operations Officer, effective immediately.

Key Points: 
  • The Beauty Health Company (NASDAQ: SKIN), home to flagship brand Hydrafacial, today announced that it has appointed Sheri Lewis as Chief Supply Chain and Operations Officer, effective immediately.
  • Ms. Lewis will report to BeautyHealth’s President and Chief Executive Officer, Marla Beck.
  • “Sheri is a talented and deeply experienced executive who brings decades of valuable global operations expertise to BeautyHealth as we chart the future of the Company,” said Marla Beck, BeautyHealth President and Chief Executive Officer.
  • Most recently, Ms. Lewis was the EVP of global supply chain operations at Avantor, Inc., where she served on the executive committee and led the company’s global integrated supply chain strategy and operational performance with oversight of over 3,500 associates.

Brand Leaders Gather in NYC to Unpack the Topic of Inclusivity in Thought Leadership Event

Retrieved on: 
Tuesday, April 9, 2024

MakerSights, a modern research partner providing brands with high-impact product and assortment insights across the product life cycle, announces its thought leadership discussion for industry leaders in retail.

Key Points: 
  • MakerSights, a modern research partner providing brands with high-impact product and assortment insights across the product life cycle, announces its thought leadership discussion for industry leaders in retail.
  • The Perspectives by MakerSights event will bring together Consumer Insights and Product executives in New York City on April 30, 2024, and promises to spark engaging dialogue.
  • The discussion will center on tackling inclusivity in the apparel and footwear space, expanding beyond the traditional considerations of race and gender into the powerful lens of income.
  • Success stories of brands effectively expanding into new income brackets while maintaining brand equity.

Aqara Expands Thread Product Portfolio with a New Motion Sensor

Retrieved on: 
Tuesday, April 9, 2024

Aqara, a leading provider of smart home solutions, today announced the availability of the Motion and Light Sensor P2, its new generation motion sensor built upon the Thread protocol and the industry-unifying Matter standard.

Key Points: 
  • Aqara, a leading provider of smart home solutions, today announced the availability of the Motion and Light Sensor P2, its new generation motion sensor built upon the Thread protocol and the industry-unifying Matter standard.
  • “The launch of the Motion and Light Sensor P2, which combines our renowned sensor technology with the latest in connectivity protocols and standards, encapsulates our forward-thinking approach and our commitment to delivering smart home solutions that are ready for tomorrow's advancement.”
    The Motion and Light Sensor P2 integrates an ultra-wide angle PIR motion sensor with a standalone illumination sensor, providing precise detection up to 7 meters (ca.
  • Engineered for longevity, the Motion and Light Sensor P2 boasts a robust battery life of up to two years, ensuring dependable operation with minimal maintenance.
  • As part of Aqara’s expanding Thread-enabled product line, the Motion and Light Sensor P2 exemplifies the Company’s dedication to elevating smart home experiences through enhanced interoperability and simplicity.

New Survey From Propel Software Confirms Trend That Americans Are Severing Relationships With Companies That Aren’t Prioritizing Sustainability

Retrieved on: 
Tuesday, April 9, 2024

It also found that 44% feel more emotionally invested in companies that follow/demonstrate sustainable business practices .

Key Points: 
  • It also found that 44% feel more emotionally invested in companies that follow/demonstrate sustainable business practices .
  • The poll of 2,000 U.S. adults revealed that Americans will spend 33% more on green products in 2024 than in 2023.
  • “Transparency is important to consumers, and brands should take note if they want customers to continue to be brand loyal.
  • The majority of respondents (65%) say they will look for environmental claims when making a purchase,” said Ross Meyercord, CEO of Propel Software.

Blain’s Farm & Fleet’s AnimalRX: A Timely Solution for Dairy & Meat Farmers amidst the Shifting Animal Medication Landscape

Retrieved on: 
Tuesday, April 9, 2024

This change now requires these medications, such as Oxytetracycline, Sulfisoxazole, Erythromycin, and others to be obtained with a prescription from a licensed veterinarian.

Key Points: 
  • This change now requires these medications, such as Oxytetracycline, Sulfisoxazole, Erythromycin, and others to be obtained with a prescription from a licensed veterinarian.
  • Many farmers don’t have time for this extra step, especially during critical periods, such as the ongoing calving season.
  • "Urgency in obtaining affordable prescriptions for your animals, especially during calving season, is crucial," stresses Steve McCombs, Buyer at Blain's Farm & Fleet.
  • "The introduction of farmandfleetrx.com stands as a dynamic and essential resource, aiding animal owners in effortlessly navigating the new regulatory landscape.

WD-40 Company Reports Second Quarter 2024 Financial Results

Retrieved on: 
Tuesday, April 9, 2024

Net sales of maintenance products, which are considered the primary growth focus for the Company, represented 94 percent of total net sales in the second quarter.

Key Points: 
  • Net sales of maintenance products, which are considered the primary growth focus for the Company, represented 94 percent of total net sales in the second quarter.
  • Net sales of maintenance products increased 7 percent in the second quarter when compared to the prior year fiscal quarter primarily due to higher sales of WD-40® Multi-Use Product in EIMEA.
  • Net sales of homecare and cleaning products represented 6 percent of total net sales in the second quarter.
  • Net sales of the homecare and cleaning products declined 3 percent in the second quarter when compared to the prior year fiscal quarter.