In retail, artificial intelligence arms retailers with sharper forecasting tools to make smarter business decisions. Explore six ways in which AI is helping retail.
Retailers use units per transaction (UPT) — the average number of items purchased on a single visit to the store — as a key performance indicator. Find out three ways retailers can use data tracking to boost their customer's basket size every visit.
Dollar General has big plans, expecting to add 10,000 new jobs, new distribution centers, and roll out new small format stores. Delve into what 2017 will bring the retailer.
Albertsons Companies adds new solutions, gaining an integrated suite of analytics capabilities and insights on demand, and enabling shared insights and collaboration with Consumer Packaged Goods suppliers.
Tesco supermarkets rolls out Red Dot Square virtual reality technology in the U.K and Ireland to merchandise for range reviews more quickly and efficiently, and improve results.
Smart Furniture, an online furniture retailer, created a design-on-demand platform, SmartSpace to improve the customer experience and provide real-world visualization of customized furniture combinations in the context of the appropriate space.
DSW has made significant progress on its omnichannel initiative with the launch of dotcom fulfillment from store locations, a size optimization system, a returns management system and the rollout of electronic rewards certificates.
