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SymphonyAI has announced its suite of software copilots for retailers and CPG manufacturers, bringing powerful generative AI capabilities to its intelligent merchandising, supply chain, and store and space product suite.

By Mark Delaney, FourKites Vice President, Industry Strategy, Retail & CPG.

The slowdown in retail shipments is a sign of cautious consumer spending and retailers’ wish to salvage as much margin as they can by keeping inventories as low as possible. They’re walking a tight rope as they try to balance shopper demand with the hope to not have to slash prices after the holidays, kicking off what will likely be a tough year.

By, Mark Delaney. VP, Industry Strategy, Retail & CPG at FourKites.

For retailers, the pandemic caused a shift that was challenging to overcome. Consumer spending abandoned services in favour of goods, online commerce dominated once reliable shopping seasons for brick-and-mortar outlets, and shopper loyalty disappeared as they chased product availability, forcing retailers to catch up.

Kinaxis Inc.. an authority in driving agility for fast, confident decision-making in an unpredictable world, has signed a definitive agreement to acquire Toronto-based Rubikloud, a disruptive, emerging provider of AI solutions that automate supply chain prescriptive analytics and decision-making in the retail and consumer packaged goods (CPG) industries.

Symphony RetailAI, the provider of integrated AI-enabled marketing, merchandising and supply chain solutions for FMCG retailers and CPG manufacturers, has announced the findings of a new benchmark report, ‘The Retail Supply Chain: Designing New Ways to Satisfy Demand’.

Symphony RetailAI, the global provider of integrated AI-enabled marketing, merchandising and supply chain solutions for FMCG retailers and CPG manufacturers, was among the 12 select companies that Forrester invited to participate in The Forrester Wave: Retail Planning, Q1 2020 evaluation. In this evaluation, Symphony RetailAI was reviewed for the company’s offering, the AI Category Planning and Management Suite.

An Infosys research report titled, Digital Outlook for the Retail and CPG Industry, highlights how digital technologies deployed at organisations are improving existing operations, solving new problems, and creating new opportunities.

By Sandeep Dadlani, President and Global Head of Manufacturing, Retail, CPG and Logistics.

Macy's began 2017 by publishing a list of 68 stores it would close this year. Amazon, on the other hand, entered the New Year still high from its massively successful Cyber Monday sales of 2016.

Millennials as a consumer group are expected to spend $10 trillion over their lifetimes in the USA alone.

HighJump has acquired Wesupply, a UK-based premier provider of supplier enablement and B2B integration solutions across multiple industries including retail, building, CPG, energy and manufacturing. With this acquisition, HighJump further expands its global footprint and extends its growing leadership position in the market for trading partner connectivity and omni-channel enablement.