01 November 2023
01 November 2023
Non-food inflation in the UK was the lowest since September 2022 at 3.4%.
The deal was originally announced in May 2023 and has now been completed at an enterprise value of £2.07bn
The rapid ascent of TikTok Shop is worrying e-commerce competitors as well as government regulators.
Shein has also agreed to license the Missguided brand IP to SUMWON Studios.
Rite Aid is aiming to provide its customers with convenient opportunities to receive routine immunisations.
Kipster is recognised for transformative farming methods, resulting in a reduced carbon footprint for its eggs
The platform will improve the Żabka’s performance, scalability and predictable usage-based pricing.
Deal activity was impacted by several factors including higher inflation and rising interest rates.
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Initially, retailers used AI for basic tasks, including inventory management and demand forecasting. However, its usage has now become more prevalent in other aspects such as personalized marketing, customer service, pricing optimization, and supply chain management. With the rise of ecommerce and the increasing importance of data-driven decision-making, AI adoption in retail and apparel has accelerated. The industry now relies on AI to enhance the shopping experience, optimize business operations, and gain an overall competitive edge.
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