Latest Ai In Retail News

Gentrack Group delivered steady revenue with a 12% rise in recurring income but saw EBITDA fall due to project delays and investment. The company announced two acquisitions to bolster AI and energy pricing capabilities alongside a $20 million share buyback plan.

Michael Hill International’s 2026 Investor Day highlights sustained sales growth, a streamlined brand portfolio, and a disciplined return to dividends, underpinned by AI-driven retailing and a reset of the Bevilles brand.

RocketBoots Limited has secured a transformative $9.1 million annual contract with a major multinational retailer, alongside a $7 million capital raise to accelerate its international growth strategy.

RocketBoots Limited has slightly increased its recent capital raising, issuing an additional 100,000 shares to raise a total of A$7.025 million, reinforcing its push into international markets.

RocketBoots Limited has successfully raised A$7 million through a placement to accelerate its international expansion following a transformative global contract. The capital injection aims to scale its AI-driven loss-prevention platform and convert a robust enterprise pipeline.

RocketBoots Limited has secured a landmark five-year contract with a major multinational retailer, boosting its annual recurring revenue by over tenfold and marking a pivotal step in its global expansion.

Vection Technologies reports a record quarter-to-date cash intake of approximately $14 million and a robust $50 million forward pipeline, underscoring strong momentum across defence, AI, healthcare, and retail sectors.

Harvey Norman Holdings detailed its expansive international growth and omni-channel strategy at its 2025 AGM, highlighting new flagship stores and AI-driven retail innovations across eight countries.

RocketBoots Limited has successfully converted its AI-powered retail banking trial into a contract rollout with a major Australian bank, marking a significant step in its commercial expansion.

Wesfarmers delivered a solid FY25 with revenue rising 3.4% to $45.7 billion and net profit after tax up 14.4%, driven by strong performances in Bunnings and Kmart. The company announced increased dividends and a proposed capital return, while navigating challenges in its lithium business and ongoing cost pressures.