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AI Isn’t Going Anywhere: How Retailers Plan to Deploy the Tech in 2024

Retail TouchPoints

Artificial intelligence dominated headlines and water cooler conversations in 2023, and 2024 is looking to be no different (if the conversations and showcases at CES and NRF’s Big Show are any indication). But many of these tasks may just represent the low-hanging AI fruit.

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Retail Innovation Conference & Expo 2024: The Latest News on Sessions, Speakers & Experiences

Retail TouchPoints

The Retail TouchPoints team is reporting on all the news breaking before, during and after the Retail Innovation Conference & Expo , taking place June 4-6, 2024, at McCormick Place in Chicago. Are you ready to explore the evolved customer journey? Keep visiting this hub to get the latest and greatest content related to the show!

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Loyalty Is The Key To Survival For Retail

Retail TouchPoints

A moment of both gratitude and loss prevention. Second, because loyalty programs deepen an already positive relationship and keep that mandatory source of revenue flowing, you’re also not spending on hard costs like you would when acquiring new customers, whether through advertising, PR or some other paid promotion.

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Facial Recognition: Will Consumers Welcome the Technology?

Wiser

These questions—and many more—are at the heart of the debate surrounding facial recognition. Security and Loss Prevention. Many police departments and government agencies use facial recognition to support their security efforts, including at sporting events, political rallies, and public facilities.

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5 Key Business Challenges Behind Your Merchandising Strategy

Wiser

Often, merchandising includes things like creating a pricing strategy, display design and layout, loss prevention, and store upkeep. This is why it’s important that you monitor your merchandising compliance at retail stores with tools like Wiser’s Retail Intelligence. Why is Merchandising Strategy Important?

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These Were the Top Retail Stories of 2022

VMS

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. Mid-year, Walmart announced that its profits were sinking – an attempt at transparency aimed at calming investors and soothing shoppers. Advertisement.

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Benefits of People Counting and In-store Visitor Analytics for Supermarkets

V Count

You can dig deeper and discover all you need to know about customer behavior at your supermarket. Tracking foot traffic in specific store areas via zone analytics can reveal the impact of in-store promotions and advertising on customer behavior. Let’s get your business to where it belongs together!