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AI’s retail threat: ‘You’ll never go to Amazon” says Bill Gates

Inside Retail

” Speaking at AI Forward 2023, an event in San Francisco hosted by Goldman Sachs Group Inc and SV Angel, Gates said it would disappoint him if Microsoft were not in the running, though there was a 50 per cent chance the top player to emerge will be a startup. . “You’ll never go to a search site again,” he said.

Consumer 208
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Robots, RFID tags and an incubator area: Inside Decathlon’s new Data Lab

Inside Retail

SV: With the dedicated space of the Data Lab, this will give Decathlon’s teammates more opportunities to collaborate with other agencies, businesses and students as they explore digital strategies and experiment with innovative technologies that will anchor us as the experiential sporting destinations for an active community.

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Sneakerboy enters administration with creditors to meet this month

Inside Retail

Sneakerboy previously fell into voluntary administration in 2015, owing to “conflicting interests of director and shareholders,” administrator Michael Carrafa of SV Partners told SmartCompany at the time. However, it re-emerged following a sale to “a party relating to one of the directors,” Carrafa said. More to come.

Expansion 246
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Last roll of the dice: How tax cuts could help stave off retail failures

Inside Retail

Back in 2016, SV Partners predicted 1200 retailers, including seven major brands, were at risk of financial collapse. While none of the practitioners have made bold predictions of the number of retailers at risk, they forecast an increase on the 10,566 business failures recorded for the 2023 financial year.

Other 233