Lightspeed Commerce Inc. has unveiled its latest technological innovation, Retail Insights, designed to enhance the capabilities of retailers worldwide. This new AI-powered tool aims to revolutionize inventory management and sales forecasting by providing data-driven insights that optimize
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
Max Retail, a platform specifically designed to assist independent retailers and brands in managing excess inventory, has successfully raised $15 million in a Series A funding round led by Nosara Capital, with additional participation from Rethink Impact, LA-based venture capital firm M13, The
Waitrose, a high-end UK supermarket, is piloting a new stock management technology aimed at boosting inventory availability and ultimately enhancing the customer experience. This initiative follows a period of challenges stemming from the implementation of a new ERP (Enterprise Resource Planning)
Century 21 NYC, a renowned name in off-price fashion retailing, has embarked on a significant technological transformation following its flagship store’s reopening in May 2023. By adopting Jesta I.S.'s cloud Merchandising ERP and Analytics system, the retailer aims to modernize its operations,
In the labyrinth of today's global commerce, inventory management is the beacon that keeps a supply chain from veering off course. It's not simply a matter of knowing the quantity and location of your inventory; it's about mastering a strategy that shores up the security of your
