-
Abdul El-Sayed declares victory in Michigan Senate contest
-
Kuwait marks key events and anniversaries from national history
-
Democrats Seize Congress in Midterm Sweep, Ending Trump Era Control
-
Democrats capture US Congress in sweeping midterm victory
-
Trump congratulates Democrats and signals willingness to cooperate
-
Manchester United rallies past Roma as PSG dominates in Champions League
-
Enel to Install Solar Panels at Niterói Waste Management Facility
-
Qatar prime minister advances mediation through diplomatic calls
-
Qatar sees tentative opening for renewed regional diplomacy
-
Greenland parliament approves security agreement with United States
-
Qatar Tourism joins Pacific Asia Travel Association at London travel market
-
Qatar envoy meets incoming UN General Assembly president
-
Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
-
Trump Signals Willingness to Work With Democrats After Midterm Defeat
-
Qatar media bodies discuss support for humanitarian initiatives
-
Ispire Technology Inc. Schedules Fiscal First Quarter 2027 Earnings Conference Call
-
Dolphin to Host Third Quarter 2026 Earnings Conference Call on Nov 10, 2026
-
Wipeboard Family Launches Free AI Chore Planner That Builds Age-Appropriate Chore Plans in Seconds
-
Medical Care Technologies Inc. (OTCID:MDCE) Moves $250,000 Software Agreement Into Active Development
-
InstaLILY Research Finds One in Six Leaders Across the Supply Chain Faced an AI Incident Involving Supplier or Customer Data
-
PAVS Subsidiary 2Lab3 Launches AniMano+, an AI-Native Digital Entertainment Streaming Platform, on the Apple App Store
-
LightPath Technologies to Host First Quarter Fiscal 2027 Earnings Call on November 10 at 5:00 p.m. Eastern Time
-
Ondas Secures Multi-Million-Dollar Counter-UAS Contracts in Europe and Asia, Accelerating Global Expansion in Aerial Defense
-
QualSights Secures $5 Million Financing and Appoints Prasanna Pitale CEO to Accelerate Company Growth
-
Sidney Resources Secures Federal Approval for Historic Gold and Silver Ore Mobilization
-
Adcore to Publish Third Quarter 2026 Results on November 10, 2026
-
IRS Postpones Texas Tax Deadlines to February 1, 2027 After July Storms - Clear Start Tax Explains What a Disaster Postponement Does Not Pause
-
Dateline and US Government Seek Ninth Circuit Stay
-
Wedgewood Weddings Expands to Maryland With Grey Rock Mansion
-
Worksport Signs Term Sheet to Acquire U.S. Manufactured Truck Bed Accessory Business & Accompanying IP Portfolio
-
Jumia to Announce Third Quarter 2026 Results on November 18, 2026
-
First Canadian Graphite Inc. Closes Flow-Through Financing
-
Apollo Wellness Centers Releases Primer Video
-
RSI Welcomes The Orange County Comptroller's Office as Its Newest Government Premier Partner
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 04
-
Facet Welcomes Three-Time PGA Tour Winner Ben Griffin as Newest Brand Partner
-
SMX Announces Effective Date of Reverse Stock Split
-
ELEKTROS Advances Review of Potential U.S. Lithium Opportunity as Critical Minerals Gain Strategic Momentum
-
Midterm 2026 Healthcare Ballot Results and Impacts Across 13 States: Black Book Research Follow-Up
-
Moderna Advances Investigational Bundibugyo Ebolavirus Vaccine Toward Phase 2/3 Study
-
Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 17
-
ELEKTROS Highlights Northern New York Lithium Potential Amid Growing Focus on Domestic Battery Supply
-
ELEKTROS Brings Lithium Opportunity and Patented EV Charging Technology Into Focus for Investors
-
Moderna Announces Oral Presentation of mRNA-2808 Clinical Data at 2026 American Society of Hematology Annual Meeting
-
GoWish Hits 20 Million Registered Users Worldwide and Surpasses 100 Million Wishes Created in the US This Year
-
Cosmos Health's Amazon UK Business Surpasses $2 Million in TTM Sales, Up 90%, with a 23% Net Profit Margin; Expects Sales to Grow Approximately 72% to $3.9 Million Over the Next Twelve Months
-
Xenetic Biosciences Announces Oral Presentation at 68th ASH Annual Meeting Highlighting DNase I as a Potential Strategy to Overcome CAR T-Cell Resistance
-
Chervon Announces Partnership with Wrestlers in Business Network to Expand Its AMP Talent Program
-
LiveOne (NASDAQ:LVO) Extinguishes $8.5 Million in JGB Debt, Reducing Balance from $17.5 Million to $9 Million
-
Chilean Cobalt Corp. Signs Definitive Option Agreement to Consolidate Substantially All of the Past-Producing La Cobaltera Project Area
Dutch app supermarket boss eyes tech boom in online delivery
Advances in artificial intelligence are poised to drive a "massive" boom in online grocery deliveries, according to the head of Picnic, a Dutch app-only supermarket rapidly expanding into Germany and France.
Picnic has disrupted the Dutch supermarket landscape with its offer of free delivery in a time window of 20 minutes -- made possible by squeezing efficiency out of huge amounts of data.
The firm already uses AI for a vast range of operations, explained CEO Michiel Muller, 59, at the firm's 43,000-square-metre distribution hub in Utrecht, central Netherlands.
"For instance, predicting how many bananas we will sell in three weeks' time. Or what happens when the weather is good or bad. Or doing our whole route planning," he told AFP.
As technology improves and datasets grow, predictions will become more accurate, further reducing food waste and offering even more precise time slots for customers, he forecast.
"Don't forget that supermarkets weren't there 60 years ago. You only had smaller stores. So there's always a movement around new technology and new ways of delivering goods."
"The supermarket will remain. That's for sure. Stores will remain. But the online part will grow massively," he said.
Picnic has developed its own in-house software to fine-tune every element of the delivery process, from processing and packing stock at the warehouse to the famously complex "last mile" of dropping off the goods.
Delivery times are calculated with extraordinary precision, with reams of information crunched by 300 data analysts and 300 software engineers at Picnic's headquarters.
"We know exactly how long it takes to walk around the vehicle and when it's dark outside, we add six seconds to the delivery time," said Muller.
Unlike a physical supermarket, every order comes through on the app, so the firm knows exactly what it needs to order, deliver, and how long that should take.
The firm estimates this results in seven times less food waste than at regular supermarkets.
"There's not a single baguette that is ordered and not delivered," said Gregoire Borgoltz, head of Picnic's operations in France.
The firm's drivers in the ubiquitous white Picnic vans receive a rating after every trip based on their driving, even assessing whether they have sped too fast around corners.
- 'Level of automation' -
The huge investments required in bespoke software, plus the firm's distribution hubs with 14 kilometres (nine miles) of conveyor belts, means profits have been hard to come by.
Sales have risen from 10 million euros in 2016 to 1.25 billion in 2023, with staff levels soaring from 100 employees to 17,000 over the same period.
But Muller said the firm suffered losses of "around 200 million euros" last year due to expanding in Germany -- opening slots in Berlin, Hamburg and Hannover.
For the first time since its 2015 founding, it finally turned in a gross profit this year in its home market. "It took eight years to be profitable in the Netherlands," he said.
Earlier this year, the firm raised 355 million euros from investors to fund its push into Germany and France, notably from the Bill & Melinda Gates foundation and German retail giant Edeka.
When it comes to profits, it's again all down to technology, said Muller.
"Basically, the level of automation determines our level of profitability," he said.
"Today, we have about 30 percent automated in Holland. We will grow to 100 percent in a couple of years' time," with Germany and France following soon behind.
So far, Picnic is mainly operating in the northern French city of Lille and the greater Paris suburbs. Central Paris is a "big opportunity but also has some of the worst traffic jams", said Borgoltz.
"We will go to Paris but we have to find the right moment."
Muller has ambitions to spread the company further. "Well, there are 183 countries in the world," he jokes when asked where Picnic will expand to next.
But for the moment, he said the firm would consolidate its activities in Germany and France before looking further afield -- not ruling out a push outside Europe.
E.Rodriguez--AT