NEW YORK, Feb. 9, 2021 /PRNewswire/ — CB Insights has named CB4, a quickly rising retail AI disruptor, to its inaugural Retail Tech 100 rating, which showcases the 100 most promising B2B retail tech firms on the earth.
The 2020 Retail Tech 100 cohort highlights startups reimagining the retail expertise, from provide chain automation to cashierless checkout and frictionless retail. 21 nations represented this yr embrace India, China, Singapore, and the United Kingdom, amongst others.
“The Retail Tech 100 showcases the tech firms which can be altering each aspect of retail – from retailer automation to produce chain robotics to customized merchandise discovery. They deal with key challenges retailers face in the present day whereas additionally serving to them adapt and be prepared for altering client habits,” mentioned CB Insights CEO Anand Sanwal. “We’re excited to see the influence the Retail Tech 100 can have on prospects, retailers and markets.”
CB4 sends retail retailer groups after simple, excessive income wins on their ground. In a couple of minutes, retailer managers and associates could make easy, in-store changes that pay dividends within the type of new gross sales and extra glad consumers. For example, a CB4 advice may uncover a possibility for an affiliate to enhance a visible show, repair a pricing error, or escalate an out of inventory for a high-potential product that is in demand now at his or her retailer. Whether or not a retailer has tens of retail areas or 1000’s of them, these marginal enhancements at scale have a major influence on backside line income.
Followers of CB4 embrace grocers like ShopRite and Weis Markets together with family names like Levi’s, and electronics large Media Markt. “We’re thrilled to be acknowledged by CB Insights,” mentioned Yoni Benshaul, CEO of CB4. “Practically each retailer we speak to is happy about utilizing AI to ease the workload of their retailer groups and ship a greater expertise to their friends.”
New York-based expertise agency CB4 helps 1000’s of grocery, comfort, specialty and attire retailer groups generate new gross sales with AI. CB4 is a proud associate of Sequoia Capital and Octopus Ventures. To study extra, e-mail [email protected].
Matthew McAlister, 347.819.1900