Technology

Alibaba Beats Revenue Estimates, Cites 'Uncertainties' Ahead

Alibaba Group Holding beat expectations for fourth-quarter revenue, as growing demand for some of its niche online shopping services in China offset weakne...

Ocado To Buy Robotics Start-Up Myrmex

British online supermarket and technology group Ocado has agreed to buy materials handling robotics start-up Myrmex Inc for €10.2 million (€9.55...

Consumer Interest In 'Virtual Living' Likely To Create New Parameters For Brands, Says Accenture

The increased use of augmented and virtual technologies, and the metaverse, is likely to create new opportunities for retailers and consumer goods brands,...

Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar

Amazon.com has delivered a disappointing quarter and outlook, with the e-commerce giant swamped by higher costs to run its warehouses and deliver packages...

Nomad Foods Launches Open Innovation Portal With Innoget

Nomad Foods has partnered with global innovation network Innoget to launch an open innovation portal to accelerate food tech collaborations.

Ahold Delhaize CEO Calls For Further Investment In Digitalisation

Ahold Delhaize chief executive Frans Muller has said that "further digitalisation" will be the key to driving the business' investment plans over...

Online Grocery Is 'Here To Stay', Says Tesco Chief Executive

Tesco chief executive Ken Murphy has said that he expects online grocery penetration to remain high, despite shoppers returning to stores after the pandemi...

Retail Technology – SPAR Switzerland

In the most recent edition of ESM, we spoke to a number of retailers across Europe about some of the technological innovations they have implemented into t...