Retail planning solutions firm Relex debuted artificial intelligence-driven price optimization capabilities. “Designed to empower retailers in setting pricing rules, optimizing pricing strategies, and making informed pricing decisions, this solution aims to bolster sales, margins and competitive advantage,” the Finnish company said in a Wednesday (Dec....
Finnish software maker Relex Solutions raised 500 million euros ($568 million) in new investment capital at a 5-billion-euro ($5.6 billion) valuation through a fundraising round that will help the company better meet retailers’ needs for artificial intelligence robots during ongoing supply chain slowdowns. Blackstone Growth led...
January 12, 2024
Like all chains, supply chains are only as strong as their weakest link. Only, unlike most physical chains, identifying the weakest link in a complicated supply chain be, well, complicated. “Many businesses, for example in retail, that are vertically integrated are facing exactly the same challenges,” Michael Falck, co-founder of RELEX Solutions, tells PYMNTS. What firms need, Falck […]
December 13, 2023
Retail planning solutions firm Relex debuted artificial intelligence-driven price optimization capabilities. “Designed to empower retailers in setting pricing rules, optimizing pricing strategies, and making informed pricing decisions, this solution aims to bolster sales, margins and competitive advantage,” the Finnish company said in a Wednesday (Dec. 13) news release. The new capabilities are unified with Relex […]
February 17, 2022
Finnish software maker Relex Solutions raised 500 million euros ($568 million) in new investment capital at a 5-billion-euro ($5.6 billion) valuation through a fundraising round that will help the company better...
