Tech-Driven Vertical Farming Company Kalera Announces Two New Vice Presidents of Sales Focused on Foodservice and Retail Accounts

The appointment of these executives coincides with Kalera’s expansion into new markets nationwide.

Kalera

Mark Gagnon, VP of Sales for Retail Accounts at Kalera, has over three decades of experience in the produce and grocery industries.
Mark Gagnon, VP of Sales for Retail Accounts at Kalera, has over three decades of experience in the produce and grocery industries.
Mark Gagnon, VP of Sales for Retail Accounts at Kalera, has over three decades of experience in the produce and grocery industries.

Kalera

Kalera's newly appointed VP of Foodservice Sales, Marc Jennings, brings with him over 20 years of experience in the foodservice industry.
Kalera’s newly appointed VP of Foodservice Sales, Marc Jennings, brings with him over 20 years of experience in the foodservice industry.
Kalera’s newly appointed VP of Foodservice Sales, Marc Jennings, brings with him over 20 years of experience in the foodservice industry.

ORLANDO, Fla., Oct. 13, 2020 (GLOBE NEWSWIRE) — Today, technology-driven vertical farming company Kalera (NOTC: KALERA, Bloomberg: KSLLF) announced that it has hired two new executives to fill the positions of Vice President of Foodservice Sales and Vice President of Sales for Retail Accounts. The newly appointed VP of

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Early Camera & Photography Savings Compiled by Retail Egg

Round-up of all the latest early Nikon, Sony, Canon & DSLR camera deals for Prime Day, featuring offers on mirrorless cameras, Sony DSLR cameras, camera lens, & photography gear

Prime Day deals experts have found all the best early Nikon, Canon & DSLR Camera deals for Amazon Prime Day, featuring the best discounts on Nikon full frame mirrorless cameras, Sony alpha mirrorless cameras, Canon camera lens, and Olympus photography gear. View the latest deals in the list below.

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Prime Day discounts are available for a brief amount of time. Retail Egg earns commissions from purchases made using the links provided.

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A Look At The Micro-Fulfillment Model And The Future Of Grocery Retail

CMO of PULSE, the robotics and technology company. Recognized Thought Leader in strategy, retail, e-commerce and micro-fulfillment. 

In an effort to more cost-effectively fulfill online grocery orders for its customers, Amazon has opened a “dark store,” which is more of a warehouse than a store. Located in Brooklyn, New York, Amazon’s dark store will be a good test of the concept to determine how big of a role the stores will play as the company accelerates investment in the grocery ecosystem.

Amazon is confronted with many of the same challenges as its grocery competitors, like Walmart, Kroger, Albertsons and Ahold Delhaize. Among the challenges is how to meet the increasing demand for online grocery ordering and delivery. 

On the surface, fulfilling online grocery orders appears to be a fairly simple and straightforward process. It’s not. Consumers purchase a wide variety of products, resulting in a mixture of small,

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Nvidia Has Delayed The GeForce RTX 3070 Retail Launch

Nvidia’s GeForce RTX 3090 and RTX 3080 graphics cards have launched to critical praise but frustratingly scarce availability. In an effort to curb further consumer frustration, Nvidia has decided to delay availability of its upcoming RTX 3070 to October 29 from its original launch date of October 15.

For those of you paying attention to the next-gen graphics card war, yes, that is exactly one day after AMD’s scheduled RX 6000 Series announcement on October 28.

The ever-watchful eyes over at VideoCardz noticed the stealthy change on Nvidia’s GTX 3070 landing page.

Nvidia later issued the following statement:

“Production of GeForce RTX 3070 graphics cards are ramping quickly. We’ve heard from many of you that there should be more cards available on launch day. To help make that happen, we are updating the

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Reliance says GIC, TPG to invest about $1 billion in retail arm

(Reuters) – Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined 73.50 billion rupees (about $1 billion) in its retail unit.

Reliance, controlled by Asia’s richest man Mukesh Ambani, has secured more than $2 billion in investments from global investors, including KKR & Co, Abu Dhabi state fund Mubadala and Silver Lake Partners, in Reliance Retail Ventures Ltd over the past few months.

GIC will invest 55.12 billion rupees for a 1.22% stake, while TPG Capital Management will invest 18.38 billion rupees to own a 0.41% equity stake in the retail arm, the company said.

The investments in Reliance Retail values the company at a pre-money equity value of 4.285 trillion rupees ($58.47 billion), Reliance said.

This is TPG Capital’s second investment in Reliance. In June, the firm invested $598 million in Reliance’s digital unit

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Vanguard to close most of its institutional business in Australia; focus on retail

FILE PHOTO: People are seen at a booth of Vanguard Group at a fair during the INCLUSION fintech conference in Shanghai, China September 24, 2020. REUTERS/Cheng Leng

SYDNEY (Reuters) – Vanguard Group Inc said on Wednesday it will close most of its business managing money for institutional investors and large pension funds in Australia and New Zealand, and focus on serving retail clients.

The U.S. investments giant, which has roughly A$164 billion ($118 billion) in assets under management in Australia, will stop offering customised products called segregated mandated accounts (SMA) to large institutional investors.

The exit comes as Australia’s pension funds, which make up the world’s third-largest pool of pension assets, have moved towards managing a larger portion of their investments internally to lower costs. This has intensified competition for investment mandates and forced the closures of several funds.

The Pennsylvania-headquartered manager will continue to offer some investment products that

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Retail E-Commerce Software Market Will Showcase Neutral Impact During 2020-2024 | Rise in International Retailing to Boost Market Growth

Technavio has been monitoring the global retail e-commerce software market size and it is poised to grow by USD 3.38 billion during 2020-2024, progressing at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005470/en/

Technavio has announced its latest market research report titled Global Retail E-Commerce Software Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000

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Our first-hand experience with Amazon’s new palm reader, and what it says about the future of retail

Entering the Amazon Go store by scanning my palm. (GeekWire Photo / Todd Bishop)

What if grabbing a drink from the store was as easy as getting one from your fridge?

Amazon is approaching that level of frictionless commerce with its new Amazon One palm-reading biometric identification system, especially when combined with its existing checkout-free retail infrastructure. Convenience for consumers means more cash in Amazon’s account, and for better or worse, this one-two technological punch could help the tech giant put more shoppers in the palm of its hands.

Those are some of my takeaways after experiencing the technology at one of the two Amazon Go convenience stores where it debuted Tuesday in Seattle.

Without needing to pull anything from my pocket to identify myself or pay — no need to unlock a smartphone, or fish a credit card from a wallet — going from storefront to shelf to sidewalk

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Strong Competition in Booming Retail Automation Market | Datalogic, Fujitsu, Posiflex Technology

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (Market Insight Reports) —
(New Jersey) A new market study is released on Global and United States Retail Automation In-Depth Market with data Tables for historical and forecast years represented with Chats & Graphs spread through 112 Pages with easy to understand detailed analysis. The study highlights detailed assessment of the Market and display market sizing trend by revenue & volume (if applicable), current growth factors, expert opinions, facts, and industry validated market development data. The research study provides estimates for Global and United States Retail Automation In-Depth Forecast till 2025*. Some are the players that are considered in the coverage of this study are Datalogic S.p.A (Italy), First Data Corporation (US), NCR Corporation (US), Fujitsu Limited (Japan), Toshiba Global Commerce Solutions Inc. (US), Honeywell Scanning and Mobility (US), Kuka AG (Germany), Wincor Nixdorf … Read More

COVID-19 Ushering in Automated Future for Retail Marijuana

The future of marijuana retail could mean more automation and shorter wait times as Colorado marijuana retailers change their business models during the COVID-19 pandemic.

The Green Solution, one of the state’s largest dispensary chains, has installed self-service kiosks in all 21 lobbies of its retail stores. Meanwhile, Boston-based Anna offers self-service marijuana purchasing lockers that operate similar to vending machines, which are currently available in stores owned by Starbuds and Strawberry Fields dispensaries.

The need to fulfill fast, self-service marijuana sales was actually being developed before the pandemic, but the minimal-contact vending machines and self-serve kiosks are becoming more popular in Colorado dispensaries as the pandemic continues. Both options limit the amount of time spent by customers in the dispensary, minimize person-to-person contact and allow for faster customer turnover rates.

“We have clients who have really enjoyed the convenience and feel like it’s created a level of safety for

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