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Starring Laws of Motion, Starbucks, eBay: RTIH’s most read retail technology articles from last week — Retail Technology Innovation Hub

May 19, 2024 - retailtechinnovationhub.com
The article discusses various partnerships and advancements in the retail technology sector. Sainsbury’s and Microsoft have announced a five-year strategic partnership to use artificial intelligence (AI) and machine learning to improve store operations and customer service. Laws of Motion, an AI sizing technology specialist, has raised $5 million in seed funding to expand its operations and launch an AI sizing technology licensing solution. Starbucks is rolling out its Mobile Order to Table offering in select UK stores, and eBay has introduced a 'resell on eBay' feature to encourage circular fashion economy.

In other news, Dunnes Stores, Tesco Ireland, and Aldi Ireland are partnering with Kwayga to use AI-driven strategies to offer good quality products at sustainable prices. Heineken has partnered with Blue Yonder to improve demand planning using AI and machine learning. Finnish delivery service Wolt is making its delivery fleet available for orders outside its platform via API integration. Lastly, US-based Ordergroove is expanding its subscription technology platform for brands and retailers into the UK.

Key takeaways:

  • Sainsbury’s and Microsoft have announced a new five-year strategic partnership, using Microsoft's artificial intelligence and machine learning capabilities to improve store operations and customer service.
  • US startup Laws of Motion has raised $5 million in seed funding for AI FitTech licensing for brands and retailers, aiming to expand its business and enter new markets.
  • Dunnes Stores, Tesco Ireland and Aldi Ireland are partnering with Kwayga to employ AI driven strategies to offer good quality products at sustainable prices, aiming to cut sourcing times by 40%.
  • Ordergroove, a subscription technology platform for brands and retailers, has announced its expansion into the United Kingdom, with brands like Molton Brown, Untamed, Philip Kingsley, YuMove, Augustinus Bader and FlowerBX set to launch new subscriber experiences.
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