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EDITED Named “Overall RetailTech Company of the Year” for Second Consecutive Year

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EDITED Named “Overall RetailTech Company of the Year” for Second Consecutive Year
News

News

EDITED Named “Overall RetailTech Company of the Year” for Second Consecutive Year

2025-05-01 19:14 Last Updated At:19:20

NEW YORK & LONDON--(BUSINESS WIRE)--May 1, 2025--

EDITED ™, the leading global retail intelligence solution, today announced it has been recognized as “Overall RetailTech Company of the Year” for the second consecutive year. The RetailTech Breakthrough Awards program is conducted by RetailTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout retail technology companies, products, and services worldwide.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250501915527/en/

This year’s program received thousands of nominations from more than 14 countries worldwide, reflecting the global momentum and impact of retail technology advancements.

EDITED was selected for its unique, innovative approach to retail intelligence: creating a unified source of truth by connecting competitive, company, and customer data. This ensures retailers’ decisions are market-informed, profit-aware, and customer-centric. The platform translates this data into connected, actionable insights using its retail-specific advanced AI technology.

The solution contextualizes vast, diverse data sets to reveal and prioritize opportunities for operational efficiency and enhanced profitability. This contextualized intelligence helps to inform pricing, assortment, and site merchandising strategies. With EDITED, retailers have a holistic view of their business in the context of market dynamics and customer expectations. The platform also optimizes efficiency throughout the product lifecycle with its ability to automate complex processes.

Leveraging LLM and ML, EDITED’s solution drives data normalization, product matching, opportunity identification, and automated summary narratives. ML models normalize and categorize competitive data inputs while analyzing product attributes like categories and colors. Generative AI also provides narrative summaries from dashboard data and emerging trends.

"It’s an honor to accept the RetailTech Breakthrough award for ‘Overall RetailTech Company of the Year’ once again in 2025. This recognition underscores our commitment to empowering retailers amidst dynamic industry shifts through enhanced agility, superior customer personalization, and optimized profitability," stated Doug Kofoid, CEO of EDITED. "Looking ahead, we remain dedicated to leveraging our deep retail expertise and advanced AI innovation to provide tailored, actionable intelligence that enables retailers to navigate the market with unmatched speed and precision."

"EDITED provides the unique ability to turn raw data into actionable insights that drive measurable results. Missteps and failures come as a result of making decisions without data, and many large retailers and brands have made terrible business moves because they relied on instinct rather than data analytics that can empower you to be a merchandiser, not a data analyst," said Bryan Vaughn, Managing Director, RetailTech Breakthrough. "EDITED is setting the stage for a more intelligent, efficient, and customer-centric retail landscape. Their AI-driven solution consolidates competitor, company, and customer data, empowering merchandisers to be market-informed, profit-aware, and customer-centric. As the retail landscape evolves, EDITED is providing retailers with faster, smarter decisions so that they can take action and drive profitability."

About EDITED

EDITED is the world’s leading AI-powered retail intelligence platform that empowers brands and retailers with real-time insights and actionable recommendations around assortment, pricing, and site merchandising. We help retailers drive better business outcomes by providing a holistic view that is market-informed, profit-aware, and customer-centric. The world’s most successful brands and retailers use EDITED’s platform to get closer to their best customers and future-proof their business.

About RetailTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the RetailTech Breakthrough Awards program is the premier awards and recognition platform devoted to honoring excellence in retail technology companies, services and solutions around the world. The RetailTech Breakthrough Awards provide public recognition for the achievements of retail technology companies and products in categories that include store management, digital displays, checkout automation, workforce tools, smart dressing rooms and more. For more information visit retailtechbreakthrough.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

EDITED wins "Overall RetailTech Company of the Year" for the 2nd year running.

EDITED wins "Overall RetailTech Company of the Year" for the 2nd year running.

HONG KONG (AP) — Hong Kong's biggest pro-democracy party voted Sunday to dissolve after more than 30 years of activism, marking the end of an era of the Chinese semiautonomous city 's once-diverse political landscape.

Democratic Party chairperson Lo Kin-hei said about 97% of members' ballots were in support of its liquidation and it is the best way forward for its members.

“Yet as the times have shifted, we now, with deep regret, must bring this chapter to a close,” he said.

Lo earlier said the decision to move toward disbandment was made based on the current political situation and social climate. But party veterans told The Associated Press that some members were warned of consequences if the party didn’t shut down.

Its demise reflects the dwindling freedoms promised to the former British colony when it returned to China’s rule in 1997.

China imposed a national security law in June 2020, following massive anti-government protests the year before, saying it was necessary for the city's stability. Under the law, many leading activists, including the Democratic Party's former chairs Albert Ho and Wu Chi-wai and other former lawmakers, were arrested.

Jimmy Lai, founder of the pro-democracy Apple Daily newspaper, was also charged under the law. Lai will hear his verdict on Monday. Apple Daily was one of the vocal independent outlets shut down over the past five years.

Dozens of civil society groups have also closed, including the second-largest pro-democracy party, Civic Party and a group that organized annual vigils commemorating the 1989 Tiananmen Square crackdown.

In June, the League of Social Democrats, which had remained active in holding tiny street protests in recent years, announced its closure, citing immense political pressure.

The Democratic Party, founded in 1994, was a moderate opposition party that pushed for universal suffrage in electing the city's leader for decades. Prominent party members include Martin Lee, nicknamed the city’s “father of democracy,” Ho, former leader of the group that organized Tiananmen vigils, and journalist-turned-activist Emily Lau.

It once held multiple legislative seats and amassed dozens of directly elected district councillors who helped residents with issues in their households and municipal matters. Some of its former members joined the government as senior officials.

Its willingness to negotiate with Beijing led to its proposal being included in a 2010 political reform package — a move that drew harsh criticism from some members and other democracy advocates who wanted more sweeping changes.

As new pro-democracy groups grew, the party’s influence declined. But when the 2019 protests swept Hong Kong, the party’s activism won widespread support again.

During Beijing's crackdown, the Democratic Party has turned into more like a pressure group. Electoral overhauls that were designed to ensure only “patriots” administer the city effectively shut out all pro-democracy politicians in the legislature and district councils.

The party pressed on by holding news conferences on livelihood issues. It even submitted opinions on a homegrown national security legislation before it was enacted in March 2024.

Earlier this year, the party decided to set up a task force to look into the procedures involved in dissolving itself, and its leadership secured members' mandate to move closer to this goal.

FILE - Signage is displayed at the office of Hong Kong's Democratic Party in Hong Kong on Sunday, April 13, 2025. (AP Photo/Chan Long Hei, File)

FILE - Signage is displayed at the office of Hong Kong's Democratic Party in Hong Kong on Sunday, April 13, 2025. (AP Photo/Chan Long Hei, File)

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