Massmart JSE-listed South African branch of Walmart and owner of Game, DionWired and Makro stores, reported a $110 million turnaround in its profits in 2019, plunging to a net loss of $55 million. By all accounts and measures applied to retailers, these results up to 29 December 2019 were...
Africa stands on the precipice of emerging technologies and innovation in response to decades of hardship and frustration. Amongst those innovations are those in the AI sphere, with African developers and innovators finding unique and lucrative ways to make the lives of clients and customers easier. Here are 5 ways AI...
PAYFORT and valU have teamed up to offer online shoppers in Egypt another checkout method. The partnership - which was announced on Monday, 24 February 2020 - will give consumers the option to 'buy now, pay later'. According to valU, consumers can access 3-60 months instalment options for online purchases. “We...
Africa's 'answer to Amazon', Jumia is struggling to bounce back in 2020 after messy NYSE listing followed by the decision to pull out from two African countries, Tanzania and Cameroon. The eCommerce company, that now only operates in 12 African countries, has had to face local markets that are filled-to-the-brim...
The retail sector has arguably been one of the most heavily affected by the global shift toward digital everything. The rise of eCommerce means customers are no longer visiting physical stores the way they did. They now have a literal world of shopping options at their fingertips thanks to...
The Digital Retail Forum 2020 took place on 29  January at Emperors Palace in Johannesburg, South Africa. The conference focused on emerging technologies such as Ai, IoT, drones, digital payment solutions, new eCommerce models and mobility are disrupting the retail sector. Gathering over 200 retail industry leaders and experts, #DRF2020 commenced under...
The Digital Retail Forum 2020 is set to take place on 29  January at Emperors Palace in Johannesburg, South Africa. The conference will be focused on emerging technologies such as Ai, IoT, drones, digital payment solutions, new eCommerce models and mobility are disrupting the retail sector.  The Wholesale and Retail...
Digital Retail Forum 2020, scheduled for  29 January at Emperors Palace in Johannesburg, South Africa, will be focused on how emerging technologies — such as Ai, IoT, drones, digital payment solutions, new eCommerce models and mobility — are disrupting the retail sector.  With “Digital Disruption in Retail: Apocalypse or Revolution”, ...
Predictive Insights has signed on as a bronze sponsor for the Digital Retail Forum 2020 that is slated to take place on the 29th January 2020, at Emperors Palace, Johannesburg. Predictive Insights, a product development studio that uses AI and machine learning to improve their clients’ products, services and...
The fourth industrial revolution (4IR) is gaining traction in all sectors. Artificial intelligence (AI), robotics and automation are being applied to create ingenious innovations – advancements aimed at making life easier, improving productivity and speeding up the evolution of industries. McKinsey Digital reports that most aspects of car manufacturing will...
Marek Zmysłowski, Polish-born entrepreneur focused on online businesses in Frontier and Emerging Markets, has been confirmed as a Keynote Speaker at the Digital Retail Forum 2020 — taking place on 29 January at Emperors Palace in Johannesburg, South Africa.  Marek will deliver a keynote titled: Chasing Black Unicorns – The...
The Digital Retail Forum 2020 is set to take place on 29  January at Emperors Palace in Johannesburg, South Africa. The conference will be focused on emerging technologies such as Ai, IoT, drones, digital payment solutions, new eCommerce models and mobility are disrupting the retail sector.  Argility Technology Group  (ATG)...
Following a successful 2019 event, the 2nd Digital Retail Forum will take place on 29 January at Emperors Palace, Johannesburg, South Africa. The forum will feature speakers who are thought leaders, visionaries and experts in the retail space. #DigitalRetailForum is hosted by IT News Africa and will bring together over...
South African branch of Walmart, Massmart has revealed that it plans on shutting down the entire Dion Wired chain - a total of 23 stores across the country - in an attempt to recover from disappointing earnings. In an initial statement from the company, it says, “the Massmart Group has...
Retailers have always been at the forefront of each new wave of digital advancement, in an effort to accommodate the increase in both the number of customers and the ensuing volume of products and transactions. Their own digital transformation starting decades prior, with investment into core transactional and system...
Fast food restaurants, also known as Quick-Service Restaurants (QSRs), have been at the forefront of adopting new digital technologies to interact with their customers, improve their service offering and leverage the customer’s dining experience. New technologies are enabling customers to customise their orders, self-order, pay in a faster and...
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