Remove 2021 Remove Point of Sale Remove Retail Marketing Remove Supply Chain Management
article thumbnail

As the squeeze on spending tightens, can AI unlock retail success?

365 Retail

Even before Covid-19, retail profitability was already under significant strain. Over the last decade, pre-tax profits almost halved for the largest UK retailers, falling from 9.2% Historic sales data combined with point of sale (POS) data allow retailers to see first-hand what customers are purchasing and when.