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Press Release Database
Recent press releases, indexed by topic.
Retail
Amazon offers industry-leading benefits based on role and tenure, and starting January 1, 2027, eligible seasonal employees will have access to healthcare coverage from their first day on the job.
Oct 20 · 12:30·Amazon
AI · SaaS
Yaoohe, a global cross-border e-commerce platform led by CEO Alexander Hayes, announces its next-generation AI virtual livestream commerce initiative. With over a decade of industry experience, extensive international supply chain resources, and more than $5 billion in reported annual...
Oct 20 · 12:00·PRWeb
SaaS · Retail
In 2024, the Coca-Cola system contributed USD 3.6 billion in value-added economic activity across the COMESA region.
The Coca-Cola system and its value chain supported over 458,200 direct and indirect jobs across the region in sectors including agriculture, manufacturing, retail, transport, and services.
The system spent almost USD 1.5 billion on goods and services from suppliers in COMESA member countries, driving local industry growth and economic resilience.
During the 19th COMESA Business Forum, a major economic platform for promoting trade and regional integration, the Coca-Cola (www.Coca-ColaCompany.com) system unveiled the results of a new study showcasing its significant economic contributions to the COMESA region. The study was conducted by global consultancy Steward Redqueen and highlights the transformative role Coca-Cola plays in fostering economic progress, creating employment, and supporting local industries.
“As this study shows, the Coca-Cola system continues to deliver substantial economic impact in COMESA, creating opportunities through local partnerships, investments, and supply chains,” said Luis Felipe Avellar, President of Coca-Cola's Africa Operating Unit. “The 19th COMESA Business Forum is an important platform to highlight how businesses like those that comprise the Coca-Cola system contribute to sustainable economic development in Africa.”
The 19th COMESA Business Forum has brought together leaders from across the region to discuss trade, innovation, and economic growth. Coca-Cola’s active participation as a key collaborator demonstrates its alignment with the forum’s mission of building stronger economic ties across the region’s 21 member countries.
The study revealed that the Coca-Cola system, incorporating its network of bottlers, suppliers, distributors, and retailers, contributed USD 3.6 billion to the region’s combined GDP in 2024, representing 0.3% of COMESA’s GDP. Through direct employment and its value chain, the system supported over 458,200 jobs.
“For every direct job created by the Coca-Cola system in COMESA, an additional 28 jobs are supported throughout the regional economy,” noted Avellar.
In addition to its employment multiplier, the Coca-Cola system’s integration within local economies fuels industrial and community advancement. The report highlighted that Coca-Cola spent almost USD 1.5 billion on suppliers across the COMESA region in 2024, benefitting industries like sugar production, manufacturing, packaging, and logistics.
“The Coca-Cola system operates as a critical economic engine across the COMESA region, empowering local suppliers, retailers, and distributors to thrive,” said Alfred Olajide, Vice President of East and Central Africa Operations at Coca-Cola. “The 19th COMESA Business Forum provides a meaningful opportunity to underscore our commitment not just to delivering beverages, but also driving innovation, collaborations, and sustainable development in the region.”
Beyond economic contributions, the Coca-Cola system continues to champion sustainability and community development initiatives in the region. Several COMESA member states benefit directly from the Coca-Cola system’s Africa Water Stewardship Initiative, a nearly USD 25 million program that addresses water-related challenges across 20 African countries by 2030.
The study leveraged a robust Multi-Regional Input-Output (MRIO) model to capture the Coca-Cola system’s impact across its activities, including operations, local procurement, and extensive value chain linkages. The findings demonstrate how Coca-Cola drives ripple effects through the economy, from agriculture to retail, illustrating the company’s strategic role in driving regional development.
Avellar concluded: “The 19th COMESA Business Forum reaffirms the importance of collaboration in achieving sustainable and inclusive economic growth. We are proud to collaborate with COMESA in building stronger economies and better futures for the communities we serve.”
Distributed by APO Group on behalf of Coca-Cola.
About The Coca-Cola Company:
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Oct 20 · 11:49·APO Group
Retail · Automotive
The Falcon-821CRS is an 8MP AR0821 4K HDR USB 3.2 Gen 1 Camera, and Vadzo has validated it for 120+dB high dynamic range. Real scenes are rarely evenly lit. A vehicle leaves a tunnel into direct sun, a warehouse door opens onto a bright yard, a storefront window floods a lobby with daylight, and a robot turns from a dark aisle toward a lit dock. Each of these scenes can span 120dB or more from the darkest shadow to the brightest highlight, far more than a single exposure records. The Falcon-821CRS captures that span on the sensor and then finishes the image with an on-board image signal processor that performs debayering, color correction, gamma correction, denoising, auto exposure, and auto white balance before the frame reaches the USB port. As an HDR USB 3.2 Gen1 Camera and a High Contrast Imaging USB Camera, it delivers a usable image straight to the host. Designed for telematics, surveillance, robotics, and retail automation, the module keeps both highlights and shadows in a single frame.
Oct 20 · 11:15·Newswire.com
Retail
Botach becomes the Company's first online wholesale dealer for The Home Defense™, further expanding its U.S. retail distribution following its e-commerce launch
Oct 20 · 11:00·GlobeNewswire
Retail · Media
New Fire TV experience uses the familiar mechanics of streaming discovery to help people find their next night out Users can browse participating pubs and bars by “genre”, invite friends and receive a weekly credit for a Heineken or Heineken 0.0 The launch comes as over half of adults worldwide say they would go out … Continue reading "Heineken® teams up with Amazon to launch “Pubscription”… The world’s first streaming service for nights out"
Oct 20 · 09:45·PressReach
Retail
Drive ROI through smart features, premium positioning, limited-edition launches, direct-to-consumer sales, omnichannel retail and Asia-Pacific expansion
Drive ROI through smart features, premium positioning, limited-edition launches, direct-to-consumer sales, omnichannel retail and Asia-Pacific expansion
Oct 20 · 09:11·GlobeNewswire
Retail
LetPot expands its U.S. retail presence with four smart gardening products now available online at TractorSupply.com, with more US retail launches planned.
Oct 20 · 09:10·GlobeNewswire
AI · Retail
New Report values the market at $11.82bn in 2026, with operations and supply chain the leading application and Asia Pacific growing fastest, though stitching together physical and digital data remains a stubborn problem for Oracle, Salesforce, SAP and Adobe
New Report values the market at $11.82bn in 2026, with operations and supply chain the leading application and Asia Pacific growing fastest, though stitching together physical and digital data remains a stubborn problem for Oracle, Salesforce, SAP and Adobe
Oct 20 · 09:05·GlobeNewswire
Retail
Since 2010, Amazon has invested over €100 billion in Germany, underscoring the country as one of the most important to Amazon worldwide.
Oct 20 · 09:04·Amazon
Retail
New Report values clear aligners market at $6.09bn in 2026, with dental service organisations and digital orthodontics widening access — though cut-price direct-to-consumer rivals and complex cases test Align Technology, Straumann, Dentsply Sirona and Envista
New Report values clear aligners market at $6.09bn in 2026, with dental service organisations and digital orthodontics widening access — though cut-price direct-to-consumer rivals and complex cases test Align Technology, Straumann, Dentsply Sirona and Envista
Oct 20 · 09:02·GlobeNewswire