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Strategic Alliances: Creating Value Through Partnership 

CFO Talks

A South African Success Story: Woolworths and Engen One of South Africa’s most notable strategic alliances is the partnership between Woolworths , a premium food and retail giant, and Engen , one of the country’s leading fuel companies. Trust and Communication : Regular dialogue and shared KPIs kept the partnership on track.

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Retailers Are Getting Smarter About Artificial Intelligence

PYMNTS

Artificial intelligence (AI) and machine learning (ML) are starting to play a bigger role in retail, foreshadowing what’s to come in the new decade of the 2020s. According to PYMNTS research , AI and ML are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. Role of Data.

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Blockchain Finds New Home In Retail Food Supply

PYMNTS

Food retailers need to embrace a new term: digital traceability. If a shipment of avocados says it is fresh until May 1, the retailer can check its proof of provenance, and doesn’t have to take the word of the supplier as that company promises fresh goods to its consumers. And it could be one of the killer apps for blockchain. “We

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Lord & Taylor Joins Retail Bankruptcy Watch

PYMNTS

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

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ShoppingGives: When Philanthropy Makes Good Business For Retailers

PYMNTS

As the CEO of social impact commerce platform ShoppingGives , he said he has seen retailers , consumers and non-profits step up at a critical time in everyone’s lives, and he has been able to apply technology and a keen awareness of the business side of philanthropy to build a unique marketplace. million charities.

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5G Isn’t The Only Digital Communication Game In Town

PYMNTS

The new 5G mobile network technology is getting its first deployments, but that’s not the only communications game in town. A technology that tracks lost scooters people rent could play a role in the coming years in digital retail and payments, at least going by recent reports. Telco Alternative.

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The Six Retail CEOs Who Could Set Off Fireworks This Year

PYMNTS

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half. . Here’s a July 4 th look at some top executives in retail who seem ready to declare their independence from business as usual in 2020’s final six months. . John Donahoe, CEO, Nike.

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