Retail TouchPoints

AUGUST 13, 2024

Early use cases for AI in retail include inventory management, dynamic pricing, customer service chatbots, loss prevention and personalized marketing. Retailers can automate markdowns to minimize revenue loss and increase profitability, which can be especially important for seasonal retailers.

Markdowns 311

Markdowns Loss Prevention Customer Experience Inventory Management 311

Wiser

FEBRUARY 29, 2024

Retail staff are grappling with managing various store sections and transitioning to fulfilling online orders, resulting in reduced in-store efficiency. The scarcity of labor is exacerbating shrinkage issues, with reduced in-store supervision affecting loss prevention efforts and hampering efficient inventory management practices.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Retail Geek

JANUARY 20, 2023

Yes Shein exceeds $30B in annual sales, disrupting apparel industry Yes Adoption of BNPL services slows down to less than 15% CAGR in 2022. 6:08] Startup automation things that could bring automated picking to store fulfillment or small fulfillment centers or. Pick to light systems and gloves like a lot of.

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping ATS 52

Retail Geek

JANUARY 27, 2025

Scot: [52:43] I wasn’t sure if we knew the I didn’t I was trying to like I wasn’t sure if we I I occurred to me that Target probably doesn’t report on apparel and it doesn’t matter about merged from the Macy’s because they’re mostly up here but yeah that’s like what I was talking about.

Merchant Services 52

Merchant Services ATS Payment Services Shopping 52