The retail industry is on the cusp of a transformation, driven by the rapid advancements in generative artificial intelligence (Gen AI). Retailers are increasingly recognizing the potential of Gen AI to enhance customer experiences, optimize operations, and drive significant growth. With
Acknowledging the stark transformation in the retail industry has become almost a cliché, but it remains a fundamental point for any meaningful discussion about retail strategy. If you’ve tracked industry trends over the past five years, it's likely that you've witnessed the significant sh
Online shopping has become an integral part of our lives, offering convenience and accessibility. In the quest to make the most of our spending, online shopping portals present a valuable avenue to earn extra rewards on everyday purchases. The prospect of maximizing reward earnings through points,
Retail store managers play a pivotal role in shaping customer experiences and ensuring the success of retail brands. These managers are often compared to franchise quarterbacks in professional football due to their essential contributions to a brand's performance and customer satisfaction.
As the retail industry continues to embrace the Internet of Things (IoT), the risk of security breaches becomes an increasingly pressing concern for retailers. With smart shelves, smart mirrors, radio-frequency identification (RFID) tags, and beacon technology becoming commonplace, the digital
The retail sector is witnessing a profound transformation driven by the integration of the Internet of Things (IoT). This sophisticated technology is reshaping various aspects of retail operations, ranging from inventory management and customer engagement to supply chain optimization and security
Croatian SaaS startup Bitreport, which facilitates management for chain restaurants and retail stores, has successfully secured €300,000 in funding from Purple Ventures. Bitreport’s application is designed to enhance operational efficiency by streamlining communication, task management, and store au
The e-commerce landscape is undergoing significant changes, driven by evolving consumer demands and technological advancements. Businesses are racing to modernize their digital platforms to stay competitive, with a particular focus on composable commerce and platform modernization. This shift is
In a significant move to enhance the financial ecosystem, the Central Bank of Libya (CBL) has announced a substantial reduction in point-of-sale (POS) e-payment charges administered by its state National Switch operator, Moamalat Financial Services Company. These charges have been cut to 1 and 1.5
The equipment rental market is experiencing significant growth, with projections estimating it will reach $131.2 billion by the end of 2024 and add another $70 billion over the next decade. The driving forces behind this growth include the continuous demand for commercial, residential, and
