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Sojo Industries Launches Sojo Shield™, a Pioneering Track and Trace Platform for Food and Beverage Brands

Retrieved on: 
Tuesday, March 19, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240319084055/en/
    The need for improved track and trace management has never been more critical as food and beverage brands and retailers must comply with the FDA’s Food Safety Modernization Act (FSMA) Food Traceability Rule by January of 2026.
  • “Now is the time to take tracking and tracing of food and beverage products seriously,” said Barak Bar-Cohen, Founder and CEO of Sojo Industries.
  • We built Sojo Shield™ to enable brands to avoid these types of escalations while addressing the new FDA compliance rules.
  • To learn more about Sojo Shield™ and how Sojo Industries is revolutionizing food and beverage traceability, visit https://sojoindustries.com/ .

New Coresight Research Report Delivers Insights into AI Pricing for Retailers

Retrieved on: 
Monday, March 18, 2024

The Future of Pricing: How AI Is Transforming Price Planning in Retail is made available to non-subscribers of Coresight Research in partnership with Competera , a pricing solution company that empowers retailers to set and maintain optimal pricing in real time using artificial intelligence (AI).

Key Points: 
  • The Future of Pricing: How AI Is Transforming Price Planning in Retail is made available to non-subscribers of Coresight Research in partnership with Competera , a pricing solution company that empowers retailers to set and maintain optimal pricing in real time using artificial intelligence (AI).
  • The Future of Pricing: How AI Is Transforming Price Planning in Retail report includes results from a February 2024 survey of U.S. retailers and outlines the measurable advantages of utilizing AI for pricing decisions, as well as the obstacles retailers must overcome to maximize the returns of AI pricing technology investments.
  • But more retailers are realizing that AI pricing can mean the difference between millions in profits or millions in losses.
  • According to Coresight Research’s analysis, using AI-based pricing solutions, retailers across different verticals can increase annual revenues by 10%, on average, and improve margins by as much as 5%, but retailers need to better integrate AI pricing with other systems to maximize its potential.

Retail Technology Leader Jumpmind Brings Newfound Interactive and Personalized Digital Engagement to Inspire Shoppers at Checkout

Retrieved on: 
Monday, March 18, 2024

SHOPTALK 2024 – Jumpmind, Inc., a leading provider of innovative retail technology solutions, today announced general availability of its CX Connect interactive shopper engagement solution.

Key Points: 
  • SHOPTALK 2024 – Jumpmind, Inc., a leading provider of innovative retail technology solutions, today announced general availability of its CX Connect interactive shopper engagement solution.
  • CX Connect brings highly personalized digital engagement direct to the customer, reimagining the checkout experience for greater shopper relevancy, interactivity, and value, while giving retailers more brand exposure and sales opportunities.
  • The offering delivers personalized content, offers, and experiences for shoppers to engage with as store associates scan items for checkout at the Point of Sale.
  • All the while, the checkout process has remained notoriously tedious, time-consuming, and uninspired,” said Joe Corbin, President and CEO, Jumpmind.

Curacao Joins Chula Vista Chamber of Commerce and Opens Newest Store Location at the Chula Vista Center

Retrieved on: 
Tuesday, March 19, 2024

Curacao , the largest Hispanic-serving retailer on the West Coast, today announced it's joining forces with the Chula Vista Chamber of Commerce .

Key Points: 
  • Curacao , the largest Hispanic-serving retailer on the West Coast, today announced it's joining forces with the Chula Vista Chamber of Commerce .
  • This strategic partnership comes as Curacao celebrates the opening of its newest store location at the Chula Vista Center , further solidifying its commitment to the local community and the economic development of the customers they serve.
  • We are eager to welcome everyone to our new, state-of-the art location at Chula Vista Center and show shoppers the Curacao difference.”
    Established in 1927, the Chula Vista Chamber of Commerce serves as the voice of Chula Vista businesses.
  • “Curacao is going to be a really great asset to our community,” said Marcy Weaver, the CEO of the Chula Vista Chamber of Commerce.

AMCON Distributing Company Acquires Burklund Distributors, Inc.

Retrieved on: 
Friday, March 15, 2024

AMCON Distributing Company (“AMCON”) (NYSE American: DIT), an Omaha, Nebraska-based consumer products company is pleased to announce the acquisition of Burklund Distributors, Inc. (“Burklund”), of East Peoria, Illinois.

Key Points: 
  • AMCON Distributing Company (“AMCON”) (NYSE American: DIT), an Omaha, Nebraska-based consumer products company is pleased to announce the acquisition of Burklund Distributors, Inc. (“Burklund”), of East Peoria, Illinois.
  • AMCON recognizes and will continue to support the community services of central Illinois that Burklund has a long tradition of sponsorship.”
    AMCON will continue to serve Burklund customers from Burklund’s East Peoria and Fairview Heights, Illinois distribution centers.
  • Our organization is excited about this transaction as together we will be able to add increased capabilities for Burklund customers,” said Jon Burklund, Chairman of Burklund.
  • Visit AMCON Distributing Company's web site at: www.amcon.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240315861866/en/

Walmart and unspun Collaborate on 3D Fabric Weaving Technology, Aiming To Reduce Apparel Manufacturing Waste and Drive US-Based Manufacturing

Retrieved on: 
Thursday, March 14, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240314778881/en/
    Walmart and unspun work together to reduce the environmental impact of garment production.
  • These issues, combined with the emissions generated from transporting garments and fabrics supplied offshore, have created demand for more sustainable apparel manufacturing supply chain solutions.
  • In July 2023, Walmart announced a pilot for innovative carbon capture and conversion technology also for the apparel manufacturing supply chain.
  • In its own operations, Walmart has set a goal to be powered 50% by renewable energy by 2025 and 100% by 2035.

Shoe Carnival Declares Increased Quarterly Cash Dividend

Retrieved on: 
Thursday, March 14, 2024

Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of footwear and accessories for the family, announced today that its Board of Directors has approved the payment of a quarterly cash dividend of $0.135 per share, representing a quarterly increase of 12.5 percent and an increased annualized dividend rate to $0.54 per share.

Key Points: 
  • Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of footwear and accessories for the family, announced today that its Board of Directors has approved the payment of a quarterly cash dividend of $0.135 per share, representing a quarterly increase of 12.5 percent and an increased annualized dividend rate to $0.54 per share.
  • The quarterly cash dividend will be paid on April 22, 2024, to shareholders of record as of the close of business on April 8, 2024.
  • “This marks our 48th consecutive quarterly dividend and the 10th consecutive year we have increased the dividend.
  • In the last twelve months, we have increased the quarterly dividend by 35 percent.

RELEX Advances Gen AI Capabilities to Unlock Faster, Data-driven, Actionable Insights

Retrieved on: 
Wednesday, March 13, 2024

RELEX Solutions , provider of unified supply chain and retail planning solutions, today announced new, advanced capabilities with Rebot, the new RELEX Gen AI tool.

Key Points: 
  • RELEX Solutions , provider of unified supply chain and retail planning solutions, today announced new, advanced capabilities with Rebot, the new RELEX Gen AI tool.
  • Built on leading advancements in generative AI, Rebot leverages the capabilities of OpenAI GPT-4 and RELEX’s deep retail and supply chain expertise to boost productivity, creativity, and decision-making for RELEX customers.
  • RELEX is dedicated to the ongoing enhancement of Rebot, ensuring it remains at the forefront of retail technology innovation.
  • "Rebot was born out of our unwavering commitment to empower retail professionals with not just data, but actionable insights," said Mikko Kärkkäinen, CEO of RELEX Solutions.

Seize the Clean: Tineco’s Second Annual Trade-Up Event Awaits You!

Retrieved on: 
Wednesday, March 13, 2024

Tineco , a leader in smart home cleaning technology, is excited to announce its second annual Vacuum Trade-Up Campaign .

Key Points: 
  • Tineco , a leader in smart home cleaning technology, is excited to announce its second annual Vacuum Trade-Up Campaign .
  • By offering a seamless upgrade path to the latest in cleaning technology, we're not just selling a product; we're inviting you into the Tineco family.
  • After providing your details on our special Trade-Up landing page, you'll receive a welcome email with a special code.
  • For more details on the Vacuum Trade-Up Campaign and the PURE ONE Station Pet, please visit https://fr.tineco.com/ .