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Tag: artificial intelligence


Others, Tech

How AI Is Transforming Retail Sector This Holiday Season and Beyond

November 8, 2023

Via: RIS News

Artificial intelligence is transforming most industries by enabling automation, delivering new insights, and creating new services. While AI is being deployed nearly everywhere, it’s having a particularly significant impact in retail. This holiday season, we’ll see firsthand how technology is […]


E-commerce, Retail Types

3 Ways AI can Disrupt Ecommerce

June 27, 2023

Via: Retail TouchPoints

There’s a lot of talk about artificial intelligence these days, with countless posts about how it’s changing consumer expectations, influencing operations and transforming entire industries. But is there anything your retail business can do to profit from AI? When it […]


News & Trends

In pictures: How Nike, Starbucks, Adidas and Gucci are jumping into NFTs

April 19, 2023

Via: Charged

NFTs may seem very summer 2022 but spring has galvanised a host of major retail and fashion brands, which have launched NFTs as part of their wider Web3 and metaverse strategies. Charged Retail picks out seven brands that are pushing […]


Customer Engagement, Customer Experience

Nordstrom and Panera Leverage AI and Automation to Enhance Operations

March 30, 2023

Via: RetailWire

Alexis DePree, chief supply chain officer of Nordstrom, and George Hanson, VP/chief digital officer of Panera Bread, sat down on Monday at Shoptalk in Las Vegas to discuss the bright future that retail can anticipate leveraging artificial intelligence (AI) and […]


E-payment & Data Security, Tech

Mastercard integrates new AI ‘Cyber Shield’

March 21, 2023

Via: Charged

Mastercard has acquired Baffin Bay Networks to provide businesses with an AI ‘Cyber Shield’ against cyberattacks. Swedish-based Baffin Bay Networks enhances Mastercard’s “multi-layered approach to cybersecurity”, which allows the global payments giant to strengthen the services and value it provides […]


News & Trends

From Product Descriptions to SEO: How Retailers are Putting Generative AI to Use

March 16, 2023

Via: Retail TouchPoints

Since OpenAI debuted ChatGPT a little over three months ago, “generative AI” has become a hot topic and no industry has been left untouched — least of all retail. “The advancements in just three months feel like they should have […]


Customer Engagement, Customer Experience

How Puma is Using AI-Powered Styling to ‘Brainstorm’ with its Customers — and Increase AOV

March 13, 2023

Via: Retail TouchPoints

Anyone who shops online has probably at some point fallen victim to “inspiration clickbait.” Much like an article that doesn’t live up to its catchy headline, Rohan Deuskar describes inspiration clickbait as compelling shopping content (most often visual) that ends […]


Others, Tech

How much more automation is on the way, and how fast?

February 15, 2023

Via: RetailWire

Technological automation continues to stoke enthusiasm among advocates and fears among detractors, with the former seeing unprecedented new ways to streamline operations and the latter concerned about the potentially devastating impact on the job market. Retail has already witnessed some […]


Others, Tech

Alibaba looks to muscle in on AI chatbot craze

February 10, 2023

Via: Charged

Chinese ecommerce giant Alibaba said on Thursday it was currently working on a rival to Microsoft-backed OpenAI’s ChatGPT. The company joins a number of tech firms racing to get a piece of the market, with Google also launching its own […]


News & Trends

Google Cloud new AI solutions set to modernise online shopping

January 13, 2023

Via: Charged

Google Cloud has launched four new and updated AI solutions for ecommerce, designed to “modernise the online shopping experience”. The machine learning technologies have been designed to help retailers boost consumer browsing capabilities, transform in-store shelf checking processes, provide better […]


News & Trends

Will 2023 become the year that consumers get comfortable with dynamic pricing?

December 13, 2022

Via: RetailWire

This holiday season has ushered in a period of peak price-sensitivity. Consumers continue to wonder whether or not we’re in a recession, and while spending is continuing on, there’s certainly an understanding that times are tougher. This exceedingly cost-conscious mindset, […]


Others, Tech

Will retailers use facial recognition tech to reshape store layouts?

November 14, 2022

Via: RetailWire

New university research explores how grocers can take advantage of in-store cameras employing advanced artificial intelligence (AI) technologies to read facial expressions — raising an eyebrow, opening eyes, smiling — to enhance store layouts. “Emotion recognition algorithms work by employing […]


Suppliers

Predict the Unpredictable Supply Chain with Artificial Intelligence

June 2, 2022

Via: RIS News

Supply chain is all the rage. Retailers struggle to cope with supply shortages, rising costs, uncertain deliveries, and new demand patterns from consumers. There must be a better way to navigate this new normal with speed and agility. Retailers turn […]


Others, Tech

How AI is helping the fashion industry make better choices

April 22, 2022

Via: Charged

The market for AI in retail is estimated to grow from $4.8 billion in 2021 to $31.2 billion by 2028, according to research from Peltarion. But also, there are so many use cases for AI in the industry from knowledge, […]


Customer Engagement, Customer Experience

Do retailers have a recommendation bias problem?

December 17, 2021

Via: RetailWire

Recommendation algorithms help connect customers to products they need or want to buy. They also increase visibility to promotions and, in some cases, make shopping more fun. They have also, in some cases, crossed serious ethical lines that have damaged […]


Others, Tech

M&S launches world-first data science & AI apprenticeship scheme

December 6, 2021

Via: Charged

M&S has launched an industry and world-first level seven data science and AI apprenticeship scheme. The new program is the latest move by the popular retailer to digitally upskill its workforce to help put data at the heart of its […]


Others, Tech

Retail Technology Future is Here: Are Your Systems Ready?

November 16, 2021

Via: RIS News

The pandemic restrictions relief has led to another creative boom in retail. Retailers of any size and scale have turned their focus toward improving in-store experiences by combining the best of online and offline worlds: finding creative ways to leverage […]


News & Trends

NextGen Supply Chain Virtual Conference Brings Together Industry Leaders

November 9, 2021

Via: SCMR Editorial

On November 2-4, 2021, the NextGen Supply Chain Conference, presented by Supply Chain Management Review, brought together an impressive lineup of more than 400 industry leaders for three days of interactive presentations and case studies that covered state-of-the-art innovation and […]


News & Trends

Amazon wants its users to stop talking to Alexa devices as much

November 3, 2021

Via: Charged

Amazon’s Alexa senior vice president Tom Taylor has said that the company wants its users to stop talking to their voice assistants as much and get on with their lives. “We believe that the future of consumer technology is ambient […]


News & Trends

Gap expands tech investments with deal for AI retail analytics startup

October 7, 2021

Via: RetailWire

Gap Inc. has acquired Context-Based 4 Casting Ltd. (CB4), a New York and Tel Aviv-based start-up that uses artificial intelligence and machine learning technologies to improve the customer experience and drive sales through predictive analytics and demand sensing. “We believe […]