Inside Retail

JANUARY 4, 2024

AI is a non-negotiable for retailers. So as more and more retailers integrate the benefits of AI into their growth strategy, what will be next for this transformative technology? AI is a business necessity for retailers wanting to make sense of massive amounts of data. And how will it shape the way we shop?

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Inside Retail

FEBRUARY 1, 2024

Inside a recording room at Queen Mary University of London, a group of researchers fiddle with novel artificial intelligence (AI) tools to develop what they call the “new virtual worlds” of music. Warner Music said in November it was partnering with the estate of deceased French singer Edith Piaf to re-create her voice using AI.

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Inside Retail

DECEMBER 4, 2023

In an effort to short-circuit this process, some have turned towards the promising power of generative artificial intelligence (AI) to accelerate the time it takes to carry out audits. But is AI capable of carrying out UX audits? For example, here are Five areas to embed generative AI into your digital commerce strategy.

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Inside Retail

JANUARY 10, 2024

Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised. Interestingly, FTI Consulting data also shows that nearly 80 per cent of online shoppers believe AI personalisation can enhance their online experience.

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Inside Retail

NOVEMBER 6, 2023

Using AI, Workcloud Scheduling can analyse trading patterns, taking into account influences such as weather, local events and other factors influencing customer traffic, order volumes and product preferences. AI also helps share labour resources across locations, departments and roles within the organisation. “By

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Inside Retail

FEBRUARY 27, 2024

Ikea Australia has launched Ikea Kreativ, a free mixed-reality experience powered by AI that provides customers with a simple and intuitive method to design and rethink their living environments. The post Ikea launches AI-powered mixed-reality experience appeared first on Inside Retail Australia.

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Inside Retail

NOVEMBER 28, 2023

High End is Australia’s premier luxury resale platform and it is ready to unleash its industry-leading AI technology to ensure secondhand designer items are authentic. Marks and Kennedy are seeking to disrupt the luxury resale industry with their AI-powered automated authentication models.

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Inside Retail

AUGUST 17, 2023

Some of the world’s biggest advertisers, from food giant Nestle to consumer goods multinational Unilever, are experimenting with using generative AI software like ChatGPT and DALL-E to cut costs and increase productivity, executives say. The team work under AI expert Daniel Hulme who was appointed chief AI officer at WPP two years ago.

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Inside Retail

FEBRUARY 16, 2022

increased search-related conversions by more than 40 per cent using AI-powered search and search A/B testing. In this article, I’m going to touch on three ways AI can boost on-site search ROI without requiring a massive investment in IT. Seems like magic, but it’s really just AI. The challenge for retailers.

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Inside Retail

OCTOBER 17, 2023

AI-powered inventory management Using artificial intelligence (AI) to optimise inventory management benefits both retailers and consumers. This involves 1,500 AI-enabled cameras that keep a visual eye on stock levels, as well as shelf sensors that measure weight and count remaining inventory. AI offers two key advantages here.

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Inside Retail

JULY 13, 2023

Companies such as Alibaba Group Holding, Zoom Video Communications and Databricks have all launched AI assistants in the last few months following the massive jump in the use of OpenAI’s chatbot ChatGPT. The post Shopify to launch AI assistant for merchants appeared first on Inside Retail.

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Inside Retail

MAY 17, 2023

Pureplay furniture and homeware retailer Temple & Webster says it has “returned” to year-on-year growth as it continues to invest in AI technology. To increase productivity, the company has increased its investment in Renovai – an Israeli AI startup – which helps digitise the interior design process.

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Theatro

MARCH 11, 2024

Before we get into the details of Generative AI and the buzz around it, lets answer some common questions. What is AI? What’s the difference between all of these different kinds of AI? How can I use Generative AI for Retail? But what does this mean for Generative AI for Retail?

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Inside Retail

FEBRUARY 7, 2024

Amidst these challenges, there’s a glimmer of hope in the form of artificial intelligence (AI). The study reveals a significant appetite among consumers for AI-driven enhancements to their shopping journey.

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Inside Retail

DECEMBER 7, 2023

The term artificial intelligence, otherwise known as AI, was officially coined in the 1950s and at the time was considered to be a topic more suited to science fiction than for scientific or economic endeavours. One specific sector of commerce that is especially invested in exploring AI integration is luxury retail. billion in 2021.

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Inside Retail

FEBRUARY 26, 2024

By leveraging sophisticated algorithms and vast datasets, generative AI enables retailers to create compelling and personalised experiences for their customers like never before. From designing bespoke products to crafting targeted marketing campaigns, the potential applications of generative AI in retail are limitless.

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Inside Retail

MARCH 27, 2023

Artificial intelligence (AI), the metaverse and ChatGPT are creating the biggest buzz so far this year, and it’s no surprise to see the fashion industry catching the wave. What new opportunities can AI provide? E-commerce platforms were quickly modernised, bringing in rudimentary AI functions and virtual reality (VR).

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Inside Retail

JUNE 25, 2023

Like other industries, retail is already taking up Artificial Intelligence (AI) technologies and programs such as ChatGPT to optimise their efficiency and improve their operations. However, the rapid development and integration of AI have sparked conversations about what’s in store for the future.

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Inside Retail

JANUARY 14, 2024

Generative AI is the biggest trend in retail right now. And one topic seemed to be on the tip of everyone’s tongue: Generative artificial intelligence (AI). What is Generative AI? Maire also pointed to Ssense’s 2023 launch of an AI-based personal styling chatbot. But first, let’s focus on the positive. per cent.”

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Inside Retail

APRIL 17, 2023

2023 would probably be best remembered for the AI revolution that kicked off with the unveiling of ChatGPT. It’s become an overnight sensation, and now major technology companies like Microsoft, Google and Amazon are all locked in an AI arms race. It has so far had little experience with generative AI – but that could soon change.

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Retail Focus

SEPTEMBER 24, 2023

Despite the frenetic hype surrounding AI, Akeneo has taken a pragmatic approach to working with customers on how best to leverage AI for PX by providing direct access to more than 20 AI apps available on its App Store. While sporting goods retailer, Intersport , drove a 50% time reduction in product data processing.

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Inside Retail

SEPTEMBER 11, 2023

I don’t know about you, but every article I read of late mentions the same buzzy acronym: AI. So here you have it, another article about AI. Generating interest The interesting thing about the current discourse about AI is that people are talking about AI as if it’s new. Let me make it worth your while.

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Inside Retail

NOVEMBER 20, 2023

IR : Some of the buzzwords in retail tech right now are AI, augmented reality, and the metaverse. JG: AI powers a large part of the company already, and it did so even before I got here. I think some of the generative AI applications might be new, and that’s a space we are keeping an eye on.

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Inside Retail

AUGUST 15, 2023

Online furniture and homewares retailer Temple & Webster has partially recovered from the significant losses that occurred during the first half of the 2023 financial year, and is focusing on its private labels, AI technology and value proposition to drive growth and market share over the next three to five years.

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Inside Retail

DECEMBER 14, 2023

Artificial Intelligence (AI) is showing increased adoption in customer service. But now, AI-powered assistants are also being deployed behind-the-scenes for contact-centre agents. Data analytics and AI can also detect wider patterns in customer data to predict how an individual customer might behave in the future.

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Retail Focus

DECEMBER 21, 2023

With rapidly increasing use and adoption of artificial intelligence (AI) in their day-to-day lives, UK shoppers are increasingly expecting retailers to leverage AI to improve their buying journeys, the latest research from Intellias , the global retail technology partner, reveals.

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Inside Retail

OCTOBER 12, 2023

Google says it plans to add generative artificial intelligence (AI) capabilities to its virtual assistant, and a company executive told Reuters the AI would allow the assistant to do things like help people plan a trip or catch up on emails and then ask follow-up questions. Reporting by Max A.

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Inside Retail

OCTOBER 29, 2023

Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from its more than 160 million Prime subscribers to improve ad targeting and allowing merchants to produce promotions quickly. The tool generates background pictures for merchandise based on product details. Swiftly is a retail technology platform.

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Inside Retail

NOVEMBER 12, 2023

Alibaba International has unveiled its AI-powered suite, “Aidge”, becoming one of the early movers harnessing recent advancements in artificial intelligence to improve retail operations. With the help of AI, SMEs can engage in marketing in a more efficient manner, leading to higher conversion rates and lower costs,” he stressed.

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Theatro

MAY 9, 2024

Generative AI holds significant promise for transforming the retail sector, especially in enhancing the capabilities of in-store associates. Most companies lack the required IT resources to support these technologies effectively alone, making partnering with experienced Gen AI developers essential.

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Inside Retail

NOVEMBER 2, 2023

The stunning human-like abilities of conversational AI – a form of artificial intelligence that enables computers to process and generate human language – have sparked widespread optimism about their potential to transform workplaces and increase productivity. By design, AI chatbots cannot produce definitive factual answers.

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Inside Retail

OCTOBER 12, 2023

Swedish payments group Klarna has launched a new AI-driven shopping feature, developed with OpenAI tech, that allows people to shop by taking a photo of products they like which then become available to buy in seconds on the company’s mobile app. Reporting by Supantha Mukherjee in Stockholm. Editing by Jane Merriman, of Reuters.

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Inside Retail

JUNE 6, 2023

Are you sick of articles about AI yet ? Whether it’s ChatGPT, Google’s Bard or stories about Bing going rogue, commentary about generative AIs and their implications are abundant. All this coverage makes it hard to clearly see what the impact of generative AI tools will be for individual businesses.

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