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Top related persons:
Alpha - 1 Jonas Andrulis - 1 Lidl - 1 Claus Felix - 1 Josef Schwarz - 1 Dieter Schwarz - 1 Schwarz - 1 Josef - 1
Top related locs:
Poland Germany Nuremberg Ludwigshafen Mundenheim France Europe Italy
Top related orgs:
Microsoft - 1 Bosch - 1 SAP - 1 Hewlett Packard Enterprise - 1 Schwarz Group - 1 Christ & Company Consulting - 1 Artificial Intelligence - 1 Investments - 1

Search resuls for: "Schwarz Group"


5 mentions found


☆ Bosch, SAP and others back Europe's answer to OpenAI with $500 million of fresh funds
  + stars: | 2023-11-06 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
GPT-4 sign on website displayed on a laptop screen and OpenAI logo displayed on a phone screen are seen in this illustration photo taken in Poland on March 14, 2023. Aleph Alpha, a German startup taking on Microsoft-backed artificial intelligence firm OpenAI, said Monday it had raised $500 million in a funding round backed by the likes of Bosch, SAP and Hewlett Packard Enterprise. The company, which has built its own large language models, raised the fresh cash in a series B round, the company's second major funding round. It is an unusually large sum of cash for a series B investment round. Aleph Alpha will use the fresh funds to invest in research on foundation models, advanced product capabilities and commercialization of its software, the company said in a statement Monday.
Persons: Alpha, Jonas Andrulis Organizations: Microsoft, Bosch, SAP, Hewlett Packard Enterprise, Schwarz Group, Christ & Company Consulting, Artificial Intelligence, Investments, Aleph, Alpha Locations: Poland
☆ Here's everything you need to know about Lidl, the German discount chain that's struggling to keep up with Aldi's rapid US growth
  + stars: | 2023-06-04 | by ( Grace Dean | ) www.businessinsider.com   time to read: +2 min
Lidl opened 450 stores in Germany in just 15 yearsA Lidl store in Nuremberg, Germany, in 1998. Shortly after, it opened stores elsewhere in Europe, including Italy in 1992 and the UK in 1994. In 2006, the retailer launched Lidl Asia, a sourcing arm for the company which has more than 1,000 employees across Hong Kong, China, and Bangladesh. Lidl launched its online store in 2009. Lidl is part of the Schwarz Group, alongside sister company Kaufland, a hypermarket chain launched by Schwarz in the 1980s.
Persons: Lidl, Claus Felix, Josef Schwarz, Dieter Schwarz, Schwarz, Josef, Kaufland Organizations: Getty, Lidl, Bloomberg, Schwarz Locations: Germany, Nuremberg, Ludwigshafen, Mundenheim, France, Europe, Italy, Asia, Hong Kong, China, Bangladesh, Lidl Northern Ireland, Neckarsulm
☆ British supermarkets confront their German discounting demons
  + stars: | 2023-02-22 | by ( James Davey | ) www.reuters.com   time to read: +5 min
And the discounters' supermarket sweep still has a long way to run, industry executives say, with Aldi UK CEO Giles Hurley pledging Britain's lowest prices "no matter what". "Over the Christmas period alone shoppers switched 58 million pounds ($70 million)(of purchases) to Lidl from Tesco and Sainsbury's," Lidl GB CEO Ryan McDonnell told Reuters. Tesco and Sainsbury's are now matching Aldi prices on hundreds of key items and using customer loyalty schemes, while they have accepted a profit hit to keep prices down. Sector executives, speaking on condition of anonymity, said the further rise of Aldi and Lidl is inexorable. "Nobody's going to take Tesco out but at some point somebody might take Sainsbury's out," the sector veteran said.
☆ Here's everything you need to know about Lidl, the Aldi discount rival that's expanding across the US
  + stars: | 2022-12-31 | by ( Grace Dean | ) www.businessinsider.com   time to read: +2 min
Lidl opened 450 stores in Germany in just 15 yearsA Lidl store in Nuremberg, Germany, in 1998. Shortly after, it opened stores elsewhere in Europe, including Italy in 1992 and the UK in 1994. In 2006, the retailer launched Lidl Asia, a sourcing arm for the company which has more than 1,000 employees across Hong Kong, China, and Bangladesh. Lidl launched its online store in 2009. Lidl is part of the Schwarz Group, alongside sister company Kaufland, a hypermarket chain launched by Schwarz in the 1980s.
☆ Lidl, Hugo Boss, and other European retailers switch off illuminated logos, keep doors closed, and cut heating as the energy crisis takes its toll
  + stars: | 2022-10-07 | by ( Kate Duffy | ) www.businessinsider.com   time to read: +4 min
Lidl, Hugo Boss, Aldi, and other retailers told Insider what they've done in stores to save power. Switching off illuminated logos for 18 hours and keeping doors shut are just some of the plans. Many retailers, including supermarkets and clothes outlets, use large amounts of energy with their lighting inside and outside, illuminated advertising, heating, and air conditioning. "We do take the current situation very seriously," a spokesperson from Aldi Süd, the German grocery store tied with Aldi Nord, told Insider. "Examples of initiatives we are taking to improve energy efficiency include switching to LED lighting, upgrading building management systems, improving insulation and using energy recovery from heating and cooling," an Ingka spokesperson told Insider.
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