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Carrefour Brasil reports a 28% decline in adjusted net profit for the fourth quarter.
Carrefour Brasil said on Monday that its fourth-quarter adjusted net profit fell 28.2% from the previous year to 550 million reais ($106.19 million), owing to a double-digit increase in spending. Carrefour SA (CARR.PA), the...
Ebay acquires the AI business 3PM Shield.
Ebay announced the acquisition of 3PM Shield, a supplier of AI-based marketplace compliance solutions, on Monday, as the e-commerce giant seeks to ease policy compliance for sellers and maintain the site’s reputation as a...
Carrefour use ChatGPT as grocers use AI to improve efficiency.
Carrefour’s ChatGPT-generated video comes as merchants around the world use artificial intelligence to enhance labor economics. The chatbot and a computer-generated human avatar are being used by the international supermarket giant, which has roughly...
Power and Media Markt merge in Sweden
The Nordic consumer electronics chain Power takes over Media Markt’s stores in Sweden. The parent company Media Markt Saturn will retain 20 percent. “This is a good move for both Power and Media Markt...
The Schwarz Group intends to expand its electric car charging network across Poland.
Lidl Poland wants to attract customers driving electric cars. It intends to carry out a major project involving ‘the foundation of publicly accessible charging stations for electric cars with a power of not...
Opera joins the AI race behind Google and Microsoft by incorporating ChatGPT into its search engine.
Opera has unveiled a new feature that will be included in the sidebar of its browser. A ChatGPT-powered application called “shorten” may be used to create summaries of webpages and publications. A ChatGPT-powered tool...
Union Coop in Dubai is providing a 25% discount on goods that will be donated to earthquake-stricken Turkey and Syria.
For everyone engaged in humanitarian aid and relief efforts in Turkey and Syria, Dubai’s Union Coop has provided a 25% discount on basic and other food and non-food items. The death toll from...
As suppliers raise prices, Walmart encourages customers into private labels.
As its suppliers continue to boost costs, Walmart is promoting its private-label products to customers. In an interview with Reuters, Edgewell Personal Care CEO Rod Little stated that passing on additional price increases to...
Italy : Carrefour aims to cut food waste by half by 2025.
Carrefour Italia has said that it wants to cut food waste by 50% by 2025 as part of a broader sustainability strategy that includes consumers, local communities, and charity. The first step toward waste...
Mercadona will invest 60 million euros to put solar roofing on 236 stores.
Mercadona is strengthening its commitment to photovoltaic solar energy and expects to invest around 60 million euros in the installation of solar panels on its rooftops by 2023, reducing emissions from power use considerably....