The Vivi Kola product, called Vivi Nova, hit Migros shelves in Zurich last week. The recipe was created by ChatGPT and the design was made with Midjourney, with the help of Unreal Engine  An Artificial Intelligence drink? How does that work?  AI has been a hot topic across the retail industry for quite some time, and there are already several uses for it, e.g. service robots, self-checkouts...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. From Europe REWE is the latest German retailer to partner with European crowd-shipping market leader Shopopop Aldi Sud’s ‘best from the region’ private label concept is growing, with it seeking to benefit from the popular German asparagus season Drugstore retailer Rossmann expands its ...

Migros Group has recently published its FY 2022 results, showing over 4% sales growth. Similarly to other retailers, the group has absorbed the rising cost of energy and raw materials, thus seeing a significant drop in their profit compared to previous years, despite record sales.   The numbers at a glance  YoY sales: 4.2% to CHF 30.1 bn (€30.7 bn) Retail sales: -0.3% to CHF 24.7 bn (...