In 2024, the retail sector is navigating a complex economic landscape characterized by unpredictable inflation rates, fluctuating consumer confidence, and ongoing supply chain disruptions influenced by geopolitical challenges. These factors combine to create a difficult environment for planning and
In an era where retail strategies are rapidly evolving, the transformative impact of AI technology on inventory management is becoming increasingly undeniable. StyleMatrix, a leader in AI-powered inventory management software, is at the forefront of this change, especially within the footwear and
In a landmark move aimed at steering the wholesale and retail sector towards resilience and competitiveness, the Department of Trade and Industry (DTI), the Philippine Retailers Association (PRA), and the Supply Chain Management Association of the Philippines (SCMAP) have signed a memorandum of
With the holiday season on the horizon, Target is taking significant steps to ensure it is adequately prepared for the surge in demand. Combining a robust workforce strategy with cutting-edge technology, Target aims to provide a seamless customer experience. Boasting more than 400,000 team members
In a significant move to streamline operations and enhance supply chain relationships, Sugro has introduced new updates to its e-loyalty scheme, including compliance and pre-sale features for retailers and suppliers. The initiative aims to provide digital advantages and improve the overall
The retail industry is undergoing a significant transformation driven by the integration of artificial intelligence. Retailers, both online and brick-and-mortar, are leveraging AI technologies to enhance customer experiences and streamline operations. As retailers accumulate vast amounts of data
