Remove 2005 Remove ATS Remove Management
article thumbnail

Sensing, Not Seeing, with Vision AI as Retail’s Crystal Ball for the Future

Retail TouchPoints

While 7-Eleven is at the forefront of inventive uses for vision AI in the convenience retail market, we are also observing interest and adoption of vision AI for supermarket retailers for resource reallocation, to mirror each store’s unique ebb and flow of operations and foot traffic throughout the day.

article thumbnail

Seven & I vs Couche-Tard: A high-stakes takeover and regulatory battle

Inside Retail

The founding Ito family of Seven & I Holdings failed to secure financing for a US$58 billion management buyout in February, sending its shares plunging 11.7 Dacus, who previously held executive roles at Walmart and Fast Retailing, will succeed Ryuichi Isaka on May 27. Other investors have privately echoed similar sentiments.

Finance 263
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fashion insiders weigh in on the uncertain future of Australian Fashion Week

Inside Retail

Under IMG’s leadership since 2005, AFW has elevated resort collections, showcased Indigenous designers and initiated a consumer-integrated model. Rosanna Iacono works with many of Australia’s leading fashion brands and says the shift has been happening at fashion weeks around the globe since the pandemic. “A

Fashion 246
article thumbnail

Store Management Costs in the Era of Ecommerce

Retail TouchPoints

The impact of this increasing growth is the resulting strain on incumbent infrastructure that was originally designed to manage only about 5% of a retailer’s total sales capacity; the steady rise in costs from stretching this capacity have shown home delivery, buy online, pick up in-store (BOPIS) and curbside fulfilment to be highly unprofitable.

article thumbnail

GAIL’s Bakery Partners with Verkada to Enhance Security and Operations Across More than 170 UK Locations

Retail Focus

Improved team oversight, allowing remote monitoring of 75% of floor space, reducing travel and onsite presence for managers. As the company grew, managing security and operations across multiple sites became increasingly complex, with each location operating its own security system.

Location 113
article thumbnail

Burberry Appoints New Chief Creative Officer as Tisci Departs

Retail TouchPoints

Lee will replace former creative chief Riccardo Tisci , who was appointed to the role in March 2018 following his career with Givenchy from 2005 to 2017. As the London-headquartered brand’s Chief Creative Officer, Lee will manage all Burberry collections. No successor for Brown has been announced.

Fashion 319
article thumbnail

Estée Lauder to Acquire TOM FORD in $2.8B Deal

Retail TouchPoints

Following weeks of public speculation regarding the acquisition, The Estée Lauder Companies (ELC) will acquire TOM FORD in a deal valued at $2.8 Existing TOM FORD partners Ermenegildo Zegna Group , which produces the brand’s fashion, and Marcolin S.p.A , which manages its eyewear, will enter long-term license agreements with ELC.

Fashion 261