Artificial Intelligence (AI) company Peak has raised a $75 million Series C funding round led by new investor SoftBank Vision Fund 2, with participation from all existing investors, including MMC Ventures, Oxx, Praetura Ventures, Arete and Octopus Ventures. This brings
A report released today by Peak, an Artificial Intelligence (AI) company, reveals that two-thirds (67%) of CEOs and other C-suite executives in the UK have experienced ‘decision paralysis’, defined as an inability to make or decide on a solution or
Artificial Intelligence (AI) company Peak has raised a $21 million Series B funding round led by venture capital firm Oxx, with participation from existing investors MMC Ventures and Praetura Ventures, and new investor Arete. This brings Peak’s total funding raised
One third of e-commerce companies are choosing to opt-out of participating in peak season campaigns this year: an unprecedented rise from only 6% in 2019, according to research published by Yieldify. However, consumer demand is trending in the opposite direction,
Black Friday is without a doubt one of the biggest dates in the retail calendar, and this year will be no exception. As the industry continues to try and react and adapt to the COVID-19 pandemic, 2020’s Black Friday weekend
Peak? Which peak? By Craig Summers, UK managing director, Manhattan Associates Whilst we are enjoying an uncharacteristic English summer, Christmas may seem a million miles away. But, as is customary in the retail world, brands far and wide will be setting
It’s not all doom and gloom for the retail sector as new research reveals the brands using artificial intelligence (AI) are growing 30 per cent faster than their counterparts who aren’t.
iForce, a fast-growing supply chain management business in the UK, enjoyed a record-breaking 2015 as it witnessed a 57.8% growth in the number of items it picked for customers of its retail clients compared to the previous year. The company,
Hermes, the consumer delivery specialist, has confirmed that it enjoyed its busiest and most efficient peak season to date. Throughout December the delivery firm processed 30.3 million parcels, representing a 24% increase on the previous year. The record-breaking peak season followed
The UK’s fastest growing major parcel delivery company DPD has revealed its plans for handling an anticipated record number of parcels between Black Friday and the January sales. Preparations for Peak 2015 began in January in partnership with DPD’s business
Hermes, a leading consumer delivery company, has completed the construction of a secondary sortation tier at its fully automated distribution hub in Warrington, providing the capability to process up to one million parcels a day. The purpose built, 15,000sq m, state-of-the-art
Online stores for leading fashion and lifestyle brands including Coast, Habitat, Karen Millen, Matches Fashion, The Perfume Shop, Snow+Rock, TJ Hughes and Warehouse, developed by BT Fresca, enjoyed a record Christmas in 2010. The results build on strong performances in
The CBI today commented on the latest official inflation figures, which showed that the Consumer Prices Index was 3.4% higher in May compared with a year ago. Ian McCafferty, CBI chief economic adviser, said: “UK inflation has started to come
