The current state of the retail industry has been significantly impacted by customer returns, reaching an unprecedented $743 billion per year, according to a report by the National Retail Federation and Appriss Retail. This figure represents a staggering 14.5% of total sales, deeply affecting
In India's booming ecommerce sphere, AI remains at the forefront, transforming how online businesses interact with customers. Its integration has ushered in a new era of customized shopping experiences, where AI analyzes consumer behavior to offer targeted recommendations, enhancing overall
In today's dynamic retail environment, especially within liquor stores, the adoption of a specialized Point of Sale (POS) system is essential. These systems are tailor-made to support daily business operations, efficiently managing sales transactions, inventory control, and compliance with legal
In an age where financial technology is rapidly evolving, compliance can be both cumbersome and complex for banks and lending institutions. Recognizing the challenges that these institutions face, Finastra has stepped forward with an innovative solution — a Small Business Data Collection Module
In the evolving landscape of marketing, Generative AI (GenAI) is revolutionizing how brands engage with consumers. This advanced technology allows for an unparalleled level of customization in content creation, targeting individuals with precise messaging that resonates on a personal level.
Augmented reality (AR) technology is transforming how consumers interact with brands, creating new opportunities for engagement and storytelling. As Apple releases their Vision Pro headset and Meta teases AR glasses, the focus is shifting beyond mobile devices. However, this doesn't overshadow the
Technology has always played a critical role in shaping our future. From the invention of the wheel to the development of the internet, these advancements have had a profound impact on every aspect of our lives. As we look to the future, we find ourselves at the cusp of a technological revolution
The Internet of Things (IoT) heralds a new era for retailers, redefining how they manage inventory and engage with customers. IoT's real-time data collection and analysis capabilities drive greater operational efficiency and offer more tailored customer experiences. One of the key advantages of IoT
The retail sector is experiencing transformative changes, fueled by the emergence of advanced technologies. These innovations are critical in how retailers adapt to the surge of e-commerce and evolving consumer preferences. From artificial intelligence to the Internet of Things (IoT), a variety of
The retail analytics market is poised for a staggering escalation, with projections signaling a surge to USD 58.4 billion by the year 2032. This formidable growth trajectory, boasting a compound annual growth rate (CAGR) of 22.6% from 2023 to 2032, mirrors the sweeping changes unraveling in the
