The retail sector is undergoing a seismic shift, driven by the transformative capabilities of Internet of Things (IoT) technology. According to a report by Insight – Ace Analytic, the IoT retail market, valued at $57.8 billion in 2023, is anticipated to skyrocket to $464.9 billion by 2031, boasting
The advent of automation in retail has reached a groundbreaking milestone with the unveiling of AI robots by the Japanese company Telexistence. Dubbed the "Model T," these robots are poised to revolutionize retail operations by enhancing efficiency and addressing significant workforce
Generative Artificial Intelligence (GenAI) is reshaping the retail landscape on multiple fronts, promising to solve entrenched challenges in customer engagement, inventory management, and personalized marketing. As retailers eye these potential benefits, they must also navigate significant
The retail industry is undergoing a significant transformation, driven by rapid advancements in artificial intelligence (AI) technology. From optimizing pricing strategies to enhancing the overall customer experience, AI is revolutionizing how retailers operate and interact with consumers. This
High Tide Inc., a prominent player in the cannabis retail sector, is setting new standards in the industry through innovative use of technology. The company’s commitment to improving customer experience and operational efficiency is evident in its strategic initiatives. This article explores how H
In a rapidly evolving retail landscape, ASOS has strategically renewed its partnership with Microsoft, embarking on a three-year venture aimed at driving operational excellence, efficiency, and innovation. This collaboration underscores ASOS’s dedication to leveraging cutting-edge technology to m
