In rural Germany, a supermarket reduced produce waste by nearly 30% by embracing AI. Freshflow, a startup behind the tech, aids retailers in predicting customer demands for fresh goods with impressive accuracy. These advancements are vital as the EU grapples with over 60 million tonnes of food waste yearly. A UK-based firm, BlakBear, is […]
Ikea is ushering in the era of AI assistants with its very own GPT Store companion. Imagine walking through the labyrinth of blue and yellow, only to be greeted by a digital brain eagerly waiting to decode your design dilemmas. Enter Ikea’s AI assistant, a virtual guide ready to shed light on product details and […]
Retailers are keen on implementing AI to enhance operations and drive revenue, but face hurdles due to inadequate data management practices and technical expertise. A research study commissioned by Epicor found that while 70% of retailers recognize the importance of an AI-powered retail management system, only a small percentage currently leverage advanced AI, with data […]
Amazon is using AI technology to help customers shop for apparel online. This includes personalized size recommendations, fit review highlights from customer reviews, improved size charts, and AI-powered insights for sellers. The average return rate for clothing ordered online is 24.4%, which is higher than the overall online return rate, and retailers and brands […]
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