News Hub | News Direct

Retail

Bridal Cosmetics E-Commerce Luxury Office Products Supply Chain Management
Article thumbnail News Release

Pixyle AI recognized as a 2023 Top 100 Retail Tech Company by CB Insights

Pixyle

Pixyle AI, a leading provider of artificial intelligence-powered product attribution and automatic tagging solutions, has been recognized as a 2023 Top 100 Retail Tech Company by market intelligence platform CB Insights. The CB Insights Retail Tech 100 is an annual list of the most promising retail technology companies around the world. The companies on the list are selected based on several factors, including business momentum, market potential, and investor quality. Founded in 2018 by Svetlana Kordumova, a PhD in AI and Computer vision from the University of Amsterdam, Pixyle AI helps fashion retailers with image recognition solutions, enabling them to deliver a better online shopping experience, boost e-commerce sales, and improve efficiency in catalogue management with smart product data entry. The company's technology is used by leading retailers around the world, including Sephora, Macy's, and L'Oreal. Svetlana Kordumova, founder and CEO of Pixyle AI commented: "We are thrilled to be recognized as one of the top 100 retail tech companies by CB Insights. This underlines our success in making online shopping as frictionless as possible, and hopefully a bit more fun and enjoyable by letting people easily find what they are really looking for. Having the right metadata associated with product images helps retailers capture everyday popular search queries as well as long-tail searches. This recognition is a testament to the hard work and dedication of our team in delivering innovative AI-powered visual search and recommendation solutions to retailers around the world." Pixyle’s visual AI finds the location of fashion items in images, determines the category of the item i.e dress, sneaker etc and then Pixyle AI digs deeper into the image to classify attributes i.e. colour, pattern etc in language that shoppers use. This enhances the product data and improves the relevancy in search results for product discoverability, leading to higher conversion rates. The tags generated by Pixyle AI can be easily absorbed into a retailer’s existing e-commerce stack, making their search and discovery platform run seamlessly and faster. The premise behind Pixyle AI is that search engines and site search are failing shoppers owing to inconsistent, incomplete and inaccurate data quality linked to products that isn’t helping them find what they are looking for. Research shows that 94% of searches deliver irrelevant results and 72% of sites completely fall short of search expectations. As a result, the majority of shoppers abandon their search and they’re not coming back. Google has estimated (in the US alone) the cost of such bad search experiences is $300B in lost revenue each year ( source ). Svetlana Kordumova added: “Retail footfall has increased post pandemic but online shopping for clothes will continue to grow. We are also encouraged by the growth of the fast-growing fashion resale market, which presents a significant first-mover opportunity for Pixyle AI to help the circular economy take off. We have built algorithms specifically for user-generated images, allowing the AI to detect and recognize fashion items even in blurry, homemade selfies.” Pixyle AI, with offices in Amsterdam and North-Macedonia, helps brands and retailers all over the world including Tendam (Spain), Otrium (Netherlands) and Miinto (Denmark). Since going live in 2019, Pixyle AI has worked with retailers having tagged over 250M images, improving the relevance and accuracy of product attributes with 95% accuracy and increasing conversions by 10% on average. About Pixyle AI Pixyle AI is on a mission to transform the way people discover products online by helping retailers build better search with visual AI. Pixyle AI provides image recognition solutions for fashion retailers, enabling them to improve efficiency in catalogue management, deliver a better online shopping experience and boost e-commerce sales. The team is based between offices in Amsterdam and North-Macedonia and works with retailers all over the world including Depop (UK), Otrium (Netherlands) and Miinto (Denmark). For more information please visit https://www.pixyle.ai/ About CB Insights CB Insights builds software that enables the world's best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit https://www.cbinsights.com/ Contact Details Pixyle Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.pixyle.ai/

March 17, 2023 07:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

With ToolsGroup Demand Planning Software, DAB Pumps Streamlines Forecasting Processes for an Improved Customer Experience

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, has been selected by DAB Pumps, a leading manufacturer of water management equipment, to enhance its forecasting processes and increase planning efficiency for a better understanding of customer demand, higher service levels, and improved profitability. With six production sites across Italy, Hungary, and China, 12 sales offices worldwide, 1,700 employees, and a constantly growing business, DAB Pumps has established itself as one of the sector’s market leaders, thanks to the wide range of technological solutions aimed at optimizing energy consumption in domestic, residential, civil, and commercial applications, as well as in agricultural irrigation systems. “Our flexible, customer-oriented approach helps us set the standard for service and innovation in the water technology industry,” said Ilaria Mercanzin, Group Demand & Resources Planning Manager. We knew we could maintain and raise this level of service, limit waste, and improve profitability by adopting a solution that applies this innovative drive to our planning processes, streamlines collaboration, and increases forecast accuracy.” DAB Pumps selected ToolsGroup Demand Planning software, initially focusing on the demand planning and modeling process that would support all supply chain operations and planning phases. ToolsGroup’s unique forecasting approach generates statistical forecasts on a granular level, calculating demand for each item at each location for a finite understanding of customer needs. It also provides greater demand insights, accounting for seasonality, supporting forecast adjustments, managing product life cycles, and accelerating the forecast consensus process. This empowers the company to better manage inventory and increase customer satisfaction and service levels, all while improving profit margins. “Supply chains will be the most important part of prosperous and sustainable business practices in the future,” says ToolsGroup CEO, Inna Kuznetsova. “That’s why ToolsGroup is at the vanguard of automated, AI-driven supply chain planning that helps customers improve productivity, anticipate and counter uncertainty, and minimize their environmental impact. We’re excited that with the help of our solutions, DAB Pump’s planning processes will complement the company's existing sustainability initiatives.” What makes ToolsGroup’s forecasting approach the most accurate? Click here to find out in sixty seconds. About DAB Pumps Six production sites, four in Italy (with headquarters in Mestrino) and two abroad in Hungary and China, 12 sales offices and six representative offices worldwide, 1,700 employees, a turnover of 430 million euros. These are the numbers of DAB Pumps, a company born in Padua in 1975 specialized in the field of technologies for the movement and management of water. A success story, daughter of the continuous ability to adapt to change and to build one's own path in the belief that people and ideas come before products. The constant commitment to guaranteeing high standards of performance, the declared orientation towards sustainability and transparency, the flexible and customer-focused approach, the enhancement of human resources, the forward-looking but concrete entrepreneurial vision, which embraces the new challenges of digital and that offers its customers simple and effective solutions thanks to the know-how and talent of its professionals: these are the distinctive features of the company philosophy that have made DAB Pumps one of the big reference players in the sector at an international level. For more information visit www.dabpumps.com, or follow DAB Pumps on LinkedIn, YouTube, Facebook. ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory – delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

March 16, 2023 10:30 AM Eastern Daylight Time

Article thumbnail News Release

Starbucks Shareholder Seeks Removal of Howard Schultz as Director; Urges Company to Be Transparent About China Risks

National Legal & Policy Center

Ahead of Starbucks Corporation ’s annual meeting on March 23, National Legal and Policy Center is calling upon its fellow shareholders to support its proposal to provide greater transparency about the company’s risks of doing business in China, and to join NLPC in opposition to the reelection of outgoing CEO Howard Schultz to the board of directors. NLPC is sponsoring an “Annual Report on Company Operations in China” resolution at the meeting, which seeks transparency for shareholders that addresses “the nature and extent to which corporate operations depend on, and are vulnerable to, communist China….” The item is Proposal No. 7, found on page 79 of Starbucks’s proxy statement. NLPC’s response to the Starbucks board’s opposition to its proposal was filed with the Securities and Exchange Commission last week. NLPC also is asking shareholders, in a memo filed with the SEC, to oppose the reelection of longtime (and soon former) CEO Howard Schultz to the company’s board of directors. An excerpt from NLPC’s filing on Schultz says: We believe that Mr. Schultz being removed from all leadership and advisory roles within the company would be the most effective transition. Additionally, given Mr. Schultz’s insistence on exponential growth in risk-laden communist China; his dubious and likely illegal anti-union tactics; and his harmful politicization of the Company, we believe that his complete removal would be beneficial for the development of Mr. Narasimhan and growth of Starbucks. “In the past – even when Howard Schultz had no formal title with Starbucks – he always lurked in the shadows, and seemed to intervene when he saw problems that he arrogantly believed only he could solve,” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “Disney had a similar situation last year with Bob Iger, who just couldn’t let the company go and undermined his successor before he returned, which led to the company’s worst year financially and image-wise in decades. Now Schultz may be doing the same with his aggressive union-busting efforts, which a federal judge has ruled are illegal.” On NLPC’s China proposal, Chesser said, “Mr. Schultz has built Starbucks’s presence in the communist nation beyond 6,000 stores, and has plans for thousands more, at a time of increasing geopolitical risk with U.S.-China relations approaching a critical point in hostilities. Shareholders must be thoroughly informed about the unique risks to the company that China’s aggression presents.” Finally, NLPC has also asked, in a memo filed with the SEC, for fellow Starbucks shareholders to support Proposal No. 9 on the proxy statement, which is sponsored by the Free Enterprise Project. The proposal asks the Company to create a special board committee to review the impacts of policies like its “Third Place Policy,” which opened its stores to anyone for the use of its restrooms and seating areas, regardless of whether they purchased anything. The practice has led to increased crime and unsafe environments around some stores, causing the closure of many of them. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

March 14, 2023 09:30 AM Eastern Daylight Time

Article thumbnail News Release

ID-Pal expands into the United States with identity verification solution

ID-Pal

· Unique market offering simplifies identity verification for SMEs · Integrates seamlessly with global enterprises via API/SDK · Strategic expansion follows a successful launch in the UK in 2022 · Invited to join business and political leaders as part of Enterprise Ireland’s St. Patrick’s week program in New York Leading global identity verification solution firm ID-Pal, today introduced its offerings into the US market to meet demand for its platform across the United States. Championed by Enterprise Ireland, the US launch is building on ID-Pal’s success in serving both SMEs and enterprises across 30-plus industries with simple, secure, and convenient identity verification. Offering global coverage of more than 6000 identity documents across 200 jurisdictions and countries, clients now include payments and gift cards provider Blackhawk Network (BHN), leading procurement and compliance platform Certa, global payments company and a subsidiary of US Bancorp Elavon and the recent J.P. Morgan-acquired Global Shares. ID-Pal’s presence in the US is further bolstered by recent partnerships with financial service providers such as Spirit of Alaska Credit Union and award-winning lending and deposit account opening platform CreditSnap. The company also has an impressive network of strategic partners in the United States, that includes Salesforce, Corporate One and Melissa. Colum Lyons, CEO and founder of ID-Pal, said: “The standard of security, fast deployment, and digital transformation we provide organizations sets us apart. We work with industry leaders from across 30 sectors, which is evidence that our technology-first approach to identity verification makes it simple, secure, and convenient for any organization.” ID-Pal offers businesses an easy way to verify the identity of an individual. Using a unique blend of biometric, document, and database checks to verify identities in real time, the solution leverages automated decisioning and smart workflows to deliver industry-leading accuracy, and better outcomes, with data protection compliance built in. Available off-the-shelf to go live in minutes, ID-Pal also integrates seamlessly with existing processes via an API or SDK. It can be deployed same day and is fully customizable thus reducing lengthy development time and demands on in-house resources. Expansion into the United States allows ID-Pal to support financially regulated organizations struggling to balance compliance and fraud prevention with a friction-free user experience. The identity verification solution streamlines anti-money laundering (AML) and Know your Customer (KYC) compliance while offering a robust audit trail. Knowledge-based authentication (KBA) and database-focused solutions also struggle to match the sophistication of modern-day fraud, for which a multi-layered approach to verification via a platform like ID-Pal is needed. Karen Cohalan, Department Manager for Fintech, Financial & Business Services at Enterprise Ireland “Enterprise Ireland warmly welcomes ID-Pal’s launch in the US market. Supporting Irish-owned companies to achieve greater scale and expand their global footprint is an ongoing priority for Enterprise Ireland. Enterprise Ireland looks forward to working with the ID-Pal team to continue to support their growth ambitions as they expand their customer base in the US whilst continuing to create jobs here in Ireland.” The regtech’s official entrance into the US market comes less than a year after its successful launch in the UK and a Series A funding round. Today, UK businesses now account for over 30% of ID-Pal’s revenue and, following continued market traction there, 15% of their revenue is now from the US. Industry-approved and offering an award-winning user experience, the solution is ISO 27001 certified, which is the global SOC 2 equivalent. ID-Pal joined the prestigious 2022 AIFinTech 100 and 2023 RegTech100 lists of the world’s 100 most pioneering businesses in AI and regulatory technology, as well as ranking sixth in the Deloitte Fast 50 2022. In addition to the backing of the Irish government organization Enterprise Ireland, ID-Pal has received investment from European Inspire Investments, Act Venture Capital and US investors FA Ventures Fund, LTD, all of which have endorsed ID-Pal’s impressive expansion into new markets. Colum Lyons, CEO and founder of ID-Pal, added: "2022 was a landmark year for ID-Pal. In just nine months we launched in the UK, secured Series A funding, and now, with the support of Enterprise Ireland, our US and European investors, and our strategic partners, we are officially launching into the US in 2023.” Founded in 2016, ID-Pal is an award-winning ISO 27001 certified identity verification solution that enables businesses to verify identities and addresses in real-time. Offering a unique blend of industry-leading biometric, document and database checks to streamline AML and KYC in one GDPR compliant solution, it is available off-the-shelf and also integrates seamlessly with existing processes via an API or SDK. ID-Pal’s technology is also certified for the UK Digital Identity & Attributes Trust Framework (UKDIATF). Headquartered in Dublin and backed by Enterprise Ireland, ID-Pal offers global identity verification coverage of more than 6000 identity documents and 200 verified address data sources to enterprise clients and SMEs across 200 countries and jurisdictions. Ranked sixth in the 2022 Deloitte Technology Fast 50 Awards, ID-Pal is also a member of the global AIFintech100 2022 and listed in the RegTech100 2023. ID-Pal is a previous winner of Best Customer Facing Experience in the PAY360 Awards and the IT & Fintech Irish Times Innovation Award in 2022. For more information visit: www.id-pal.com Contact Details MKPR Meir Kahtan +1 917-864-0800 mkahtan@rcn.com

March 13, 2023 09:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Nextech3D.ai hosts webinar to showcase company’s technology and future plans

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Proactive's Steve Darling, along with ARway head of product Shadnam Khan and Toggle3D chief product officer Dasha Vdovina, on a live event to talk about the company, its technology and what the future holds for the different sectors of the company. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

March 10, 2023 07:37 AM Eastern Standard Time

Video
Article thumbnail News Release

Get your weekly groceries without having to pause your busy lifestyle

YourUpdateTV

Recently, Multimedia Reporter and Trend Expert, Milly Almodovar conducted a satellite media tour to share tips on how to get your weekly groceries without having to pause your busy lifestyle and sacrifice any of your time. A video accompanying this announcement is available at: https://youtu.be/zoJgne9Nq-U More and more consumers want faster, easier and affordable ways to get their essential items the same day without sacrificing time or quality. DoorDash launched on-demand grocery delivery in 2020, and over the last few years, it has accelerated its growth beyond restaurants, introducing on-demand grocery, convenience store delivery,, and more on the DoorDash app with partners including Albertsons-Safeway, Aldi, Dollar General, Hy-Vee, Meijer, Sprouts, Walgreens, and Wawa®. Today, there are tens of thousands of non-restaurant retail stores on the DoorDash platform across North America. DoorDash grocery delivery can help you save on time and money. “With DoorDash, you can eliminate all the fuss of waiting in long lines and looking for parking” says Almodovar. It’s convenient, easy, and more affordable than you may realize. You can save with DoorDash thanks to frequent deals, discounts, and more. The delivery app has been trusted to deliver meals from your favorite restaurants, and now, they can deliver your groceries too to make your favorite meals at home. Right now the best deal you can get is 30% off your first grocery order of $30 or more with the code: WEGETGROCERIES. So not only is DoorDash saving you money, but they’re saving you time and you know that’s priceless.” Its mission is to bring the best of every local neighborhood to consumers on-demand, from the weekly stock up to the last-minute ingredients needed for dinner tonight. The DoorDash app is available in the app store for iPhone and Google play store for Android. For more information, visit doordash.com/grocery-delivery. BIO: About Milly Almodovar Milly Almodovar is the former Senior Beauty Editor of Cosmopolitan for Latinas, now multimedia reporter, hispanic trends expert and TV Lifestyle and Beauty expert. You can find her on shows like Good Morning America, The Today Show, Rachael Ray, Dr Phil, etc. When Milly isn't working, she enjoys watching true crime shows and taking salsa lessons. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

March 09, 2023 12:32 PM Eastern Standard Time

Video
Article thumbnail News Release

Shopistry Launches Showcase, Bringing to Hollywood what Shopify did for Brands

Shopistry

Toronto, Ontario -- Shopistry, a leading commerce solutions company, today announced the launch of Shopistry Showcase, enabling filmmakers, studios, and distributors to launch direct to consumer online sites with the ability to stream content, sell merchandise, and directly engage audiences in one beautiful experience. As streaming giants Netflix, Disney, Apple, Amazon, and Paramount provide the opportunity for mass audience reach, filmmakers and studios are at risk of diminishing control over distribution, marketing, and revenue opportunities. Shopistry Showcase changes this dynamic with a direct-to-consumer channel for audience monetization that compliments existing licensing deals and provides growth capabilities not provided by the major platforms. “Being able to go direct to audiences and drive distribution, and monetize content from pre-release, post-release, and long tail with full control is a gamechanger. Fans can watch, shop, and share; it’s like Netflix meets Amazon and everyone wins,” said Matt Osterman Writer/Director (Bitcon, 400 Days, Hover, Ghost from the Machine). Academy Award winning NEON's innovative online experience is an example of how studios and creators can excite audiences with a beautiful online site including digital streaming, the ability to sell merchandise, gated content, and more. Hosted on Shopistry’s innovative content and commerce platform and integrated with leading providers the solution is built for scale and designed to adapt as consumer behavior continues to evolve. “By making it easy to launch a direct-to-consumer site, filmmakers, comedians, and all creators can bring their amazing work to audiences that love them and drive new revenue similar to how digital brands have done,” said Jaafer Haidar, CEO of Shopistry. “Showcase is the first integrated solution to elegantly bring commerce and content together. Louis CK and recently Andrew Schultz showed us that going direct to fans has a big payoff. We’ve made it easy for everyone”. Key benefits include: Streaming & Distribution: Monetize content with secure DRM and flexibility End-to-End Merchandising & Logistics: Sell products and take advantage of Shopistry’s product sourcing, management, and fulfillment Demand Generation: Drive discovery and traffic including social sharing Pre-launch to Long Tail Revenue: Gain across the content lifecycle pre and post release windows and long-tail Full-Service Partner: Managed and built for scale, no tech knowledge required About Shopistry Shopistry’s content + commerce platform empowers brands and creators with solutions to launch innovative shopping experiences and gain operational flexibility without complex engineering; significantly increasing time to value. Shopistry’s full suite of products, professional service, and high-performance managed infrastructure deliver the flexibility to continually adapt and power growth without heavy technical investment and keep pace as consumer behaviors and business needs evolve for the future. To learn more visit or shopistry.com/showcase.. Contact Details Shopistry Inc. Jaafer Haidar +1 519-670-0250 contact@shopistry.com Company Website https://www.shopistry.com

March 09, 2023 11:30 AM Eastern Standard Time

Article thumbnail News Release

USMJ.com Partnership & New Products

North American Cannabis Holdings, Inc.

McapMediaWire - - North American Cannabis Holdings, Inc. (OTC: USMJ ) - USMJ.com has established a new partnership with Nature’s Perfect Hemp, out of Tennessee. Nature’s Perfect Hemp has a wide variety of products that range from CBD, Delta-8, Delta-9 & Delta-10 in various formats for customers to take their cannabinoids. Link to Nature’s Perfect Hemp products Some key facts about the partnership & products: All new products have been 3 party tested Vapes, Prerolls, Gummies come in a variety of flavors All Products are available for wholesale through USMJ looks to cultivate and grow partnerships with American Based companies for the ever-growing cannabis market. “I couldn’t be more excited about this partnership with David Cooper & Nature’s Perfect Hemp” says, Steven Rash, CEO, North American Cannabis Holdings. “It’s been a while since I’ve been excited from an opportunity standpoint, and we’ve been working hard to get this done. It’s ready and I hope our customers are ready.” David Cooper, CEO of Nature’s Perfect Hemp, started his company back in 2017. After dealing with pain from surgeries and rehabilitation he encountered Hemp. Just a couple drops a day relieved his pain and turned a complicated lifestyle into a normal lifestyle. Experimenting with his own personal formulation which allowed him to modify for his personal needs. These formulas became Nature’s Perfect Hemp. “Steve is a professional businessman, and exiting our meeting he was extremely about our future business together. We’re happy to have our products listed on USMJ.com ” says, David Cooper, CEO of Nature’s Perfect Hemp. “When we first chatted with USMJ, we knew there would be synergy and an opportunity for growth on both fronts.” Vendors looking to partner with USMJ.com may read about the process and apply here: https://usmj.com/pages/vendor-inquiries Background: USMJ.com is a line of business of North American Cannabis Holdings, Inc. USMJ.com is one of the largest and fastest growing marketplaces to shop for CBD, CBG, hemp and cannabis essentials. Additionally, UMSJ.com has multiple B2B programs and partnerships offering them access to the tools and products USMJ.com has to offer. Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease. For More Information Contact Steven Rash North American Cannabis Holdings, Inc +1 888 694 8765 info@shopusmj.com David Cooper https://naturesperfecthemp.com info@naturesperfecthemp.com Contact Details North American Cannabis Holdings, Inc info@aciconglomerated.com Company Website https://usmj.com/

March 09, 2023 09:54 AM Eastern Standard Time

Article thumbnail News Release

H&T Group breaking records in early 2023

H&T Group PLC

H&T Group PLC (AIM:HAT) chief executive Chris Gillespie speaks to Proactive's Thomas Warner after publishing preliminary results for 2022, the pawnbroker's 125th year of trading. Gillespie gives his highlights from last year's results and reveals that revenues for January and February 2023 have set consecutive records, culminating in an all-time record week last week. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 09, 2023 03:00 AM Eastern Standard Time

Video
1 ... 134135136137138 ... 242