The second annual Discovery report, published today by RWRC, celebrates 40 global start-ups powering retail innovation at a time when it is needed most, including cutting-edge solutions being used by Tesco, Nespresso, AO.com, M&S and more
Featuring solutions from supply chain and store innovations to personalisation, AI, data and marketing, the 40 start-ups are enabling retailers to adapt their businesses and lean in to disruption
Start-ups launched on, or after, January 1, 2014, and have worked with retailers either through a pilot or full-scale solution to help them transform their businesses
The start-ups are supporting over 30 retailers and brands including Tesco, M&S, Nespresso, Asos, Carrefour, Samsung, Depop, AO.com and John Lewis Partners
Mercauxhas been named among the top 40 retail tech start-ups operating globally in Retail Week World Retail Congress’ (RWRC) second annualDiscovery report, published today.
Most retailers know they need to work with tech start-ups to give them a competitive edge - it is understanding which firms are going to truly add value that is the challenge. Judged by a panel of retail and start-up experts*, the Discovery report tells retailers all they need to know.
Virtual try-on assistants, vertical farming, ‘save now, buy later’ payments, in-store marketing robots and bookable shop space are just a handful of fresh-thinking players featured.
And it is this fresh thinking that is required if retailers and brands are to remain competitive and balance bottom lines with customer expectations as disruption from the pandemic persists.
Featuring solutions from supply chain and store innovations to personalisation, AI, data and marketing, the report looks at how retailers have benefited from adapting their businesses - and their thinking - to lean into a whole new set of disruptions, trends and challenges.
The start-ups operate across all parts of the world, from Europe and the US to Singapore and Israel, and have worked with more than 30 retailers and brands including Tesco, M&S, Nespresso, Asos, Carrefour, Samsung, Depop,AO.com and John Lewis Partners.
Ian Shepherd has been one of the Discovery judges for the past two years. Shepherd is non-executive director at Bensons for Beds, former CEO at retailer Game, author of The Average is Always Wrong and runs the consultancy Moving Tribes where he advises retailers, digital start-ups and consumer businesses.
This year’s Discovery cohort – just like last year’s – are going to be critical to the future of our sector."
“A different retail sector is possible, a million miles from the old world of ‘how many stores are you going to open?’ and ‘what was your like-for-like last quarter?’ – a retail sector that marries the instinctive customer understanding any good retailer has with the innovation and laser-like focus that new technology allows.”
At Mercaux, we believe the successful retailers of tomorrow are those that embrace in-store technology today. Our mission is to enable retailers to transform the customer shopping experience by bringing the benefits of digital into physical stores.