“It’s important to think about this [a tech stack] as something that’s designed, orchestrated, measured, and improved over time, and being in pursuit of solving specific problems in specific ways, rather than a collection of one-off choices.” — Matt Powell, Chief Technology Officer, FTD To succeed on digital and physical shelves, brands need enabling technology. […]
There’s a counter-intuitive Buddhist line that has stuck with me: “Don’t just do something, sit there.” It’s particularly useful in times of uncertainty or even panic, when the temptation is to follow the herd, or take action for the sake of taking action. Sometimes the best action to take on a situation is no action […]
Mattress retail conglomerate Serta Simmons Bedding (SSB) — the owner of brands including Serta, Simmons, Beautyrest and Tuft & Needle — is working to transform its supply chain planning capabilities through a new partnership with Blue Yonder. By integrating Blue Yonder’s SaaS-based Integrated Demand and Supply Planning solutions into its existing Advanced Planning System (APS), SSB hopes to improve […]
Microsoft is planning to add generative artificial intelligence (AI) technologies to some of its most popular business tools, such as Outlook, PowerPoint, Excel and Word. The new system called Copilot… The post Microsoft adds ChatGPT-style tech to Word and Excel appeared first on Latest Retail Technology News From Across The Globe – Charged.
Get to know RETHINK Retail’s Top Retail Influencers through the “Meet the TRI” Q&A series! Dive in to learn about a member of the thought leader community and follow their work and insights across our content and their social channels. Hi, I’m Andrew Neelon, Founder & CEO, 1REC. Connect with me on LinkedIn! “Tell us […]
An ecommerce payment solutions provider Klarna has partnered with the sustainability tech platform Clarity AI to launch ‘conscious badges’ awarded to tech brands. Up to five badges can be given… The post Klarna rolls out ‘conscious badges’ to recognise sustainable tech brands appeared first on Latest Retail Technology News From Across The Globe – Charged.
AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […]
2023 will continue to come with challenges for the retail industry. One that remains front and center is recruiting and retaining customer facing employees. While 223,000 jobs were added in the U.S. in December, the retail industry continues to struggle. In our most recent research report, The Future of Retail Customer Service, the #1 barrier […]
According to FoodIndustry.com, the U.S. food market is worth $1.5 trillion annually, or roughly 4 percent of the domestic gross product. $800 billion of that revenue is from supermarkets and food stores. Compare this to the U.S. apparel market, which is estimated to be worth $318 billion (Statistica). And while the retail industry often focuses […]
[Editor’s note: This is the third article in our series on AI in retail. Be sure to check out our other stories on consumer attitudes toward AI and store design applications.] Since OpenAI debuted ChatGPT a little over three months ago, “generative AI” has become a hot topic and no industry has been left untouched […]
BJ’s Wholesale Club has entered a partnership with Simbe to roll out the solution provider’s automated business intelligence robot, Tally, to all 237 stores. The retailer plans to utilize the AI-powered solution to provide greater visibility into club conditions and drive deeper business insights. Tally autonomously roams club aisles multiple times per day, leveraging its […]
In collaboration with Baringa, Retail Technology Show 2023 has announced its 2023 Start-Up Safari Stars, a selection of firms whose “groundbreaking and disruptive solutions are set to transform the retail industry”. Retail Technology Show 2023 will take place on 26th and 27th April at London’s Olympia. Visitors to the show will be able to check […]
US-based startup Neatsy.ai has launched the first marketplace for AI-selected running footwear and in-soles, helping customers to select shoes customised to their individual orthopedic issues. Through the app, shoppers can… The post Neatsy.ai launches first AI-enabled shoe marketplace appeared first on Latest Retail Technology News From Across The Globe – Charged.
OpenAI has released its latest artificial intelligence (AI) model GPT-4, which it claims to be much less likely to engage with disallowed content and produce biased or inaccurate responses. The… The post “What will be left for us humans to do?” OpenAI’s GPT-4 is already here appeared first on Latest Retail Technology News From Across […]
Donna Morris, chief people officer at Walmart, writes that automation and artificial intelligence advances have raised concerns about technology displacing human workers. Her answer is straightforward. “I know for a fact that a human connection element will always be in demand for our business. Our people have and always will make the difference–just like innovation […]
New identity accompanied by the launch of Artificial Intelligence Lab and appointment of new Chairman Martin Green Critizr, the specialist in customer satisfaction and experience management for commerce, has announced that it is changing its name to Goodays. The new identity reflects its mission to bring the employees of a company together around a common […]
As the online shopping experience for consumers has advanced thanks to machine learning and AI-powered experiences and product recommendations, the average business-to-business (B2B) buying experience hasn’t kept pace. However, many companies doing B2B commerce are adopting best practices from the consumer retail world that gives them a competitive edge. In fact, Salesforce reports that 65% of […]
RTIH rounds up the retail systems ventures who have recently wrapped notable funding rounds, including Ocula Technologies, Yoti, Patchworks, and APEXX Global. 1. Ocula Technologies Ocula Technologies has received new investment from Lloyds Banking Group and its FinTech Investment Team. The SaaS startup aims to let retailers harness the power of AI to enable data […]
Scott discusses his thoughts on whether AI has the potential to be a real-time fact-checker. He then offers his advice on finding a solution to systemic issues hindering working mothers. He wraps us with an honest conversation about fame and happiness. Music: https://www.davidcuttermusic.com / @dcuttermusic Learn more about your ad choices. Visit podcastchoices.com/adchoices