Often tagged as Africa’s Amazon.com, Jumia Technologies has been able to grow in markets largely untapped by the U.S. heavyweight, which is hampered by a lack of distribution infrastructure on the continent.
In the last decade, Ku Young Bae — a serial entrepreneur and South Korean transplant — has built Singapore’s biggest e-commerce company and fended off giant rivals like Alibaba, Amazon and Tencent.
Aldi is the latest supermarket chain to announce a sustainability push — an effort the company says will help it trim costs and stand out in a crowded field.
A big new distribution center in Pennsylvania for True Value Co. is just one part of an ambitious investment to optimize and overhaul the hardware wholesaler’s entire supply chain.
Today’s “new retail” — a shopping experience that seamlessly blends digital and offline commerce — is still in its infancy. But it’s already defining the future of technology, business and operational strategies for companies worldwide.