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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

In this article, we will look at the benefits and the key areas to apply AI in the retail industry. Retailers are integrating AI with bricks-and-mortar shops and online platforms to give the shopping experience a remarkable transformation, enhancing both customer satisfaction and operational efficiency.

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How smart new technologies are improving sales and reducing costs for retailers

Inside Retail

Retailers worldwide may be facing challenging times right now, but the evolution of technology – including the deployment of AI – is opening the way to dramatic improvements in productivity at all stages of the retail business model. And that’s where your Workforce Management systems come into play,” says Bretherton.

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5G in Retail: Creating the WOW factor

Retail TouchPoints

Retailers that understand the customer journey and adopt innovative strategies are looking at ways to turn their brick-and-mortar stores into experience centers. Connectivity is critical to driving in-store traffic, providing a seamless shopping experience, fostering a robust brand connection and creating lasting memories.

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5 Real-World Ways 5G Will Transform Retail

Retail TouchPoints

5G is really three things — speed , latency and massive connectivity ,” said Michael Colaneri, a 30-year AT&T veteran who now leads the telecom’s retail business vertical. Here are five places where 5G-enabled experiences/solutions are either being tested or have already been deployed at retail. What is 5G, Really?

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The Rise of Smart Stores: How IoT is Revolutionizing the Retail Experience

365 Retail

From tailored shopping experiences to simplified inventory control , IoT is leading in producing what we now call “smart stores.” Technologies in these stores let them track inventory in real-time, track customer behaviour , offer tailored recommendations, and even automate checkout.

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How to Deliver a Flawless In-Store Customer Experience

Independent Retailer

RFID is rapidly gaining implementation within the retail sector and is a key technology applied to aid business operations by improving inventory management and stock visibility as the foundation of adoption. The most common area in-store that retailers focus on to improve customer engagement is at the Point of Sale (POS).

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What Is Phantom Inventory? Here’s How to Spot It

Wiser

Phantom inventory is particularly challenging because your inventory management system says the products are in-stock, but the shelves are empty. There are several potential causes of phantom inventory, including: . How Phantom Inventory Hurts Retailers . In summary, identify and prevent phantom inventory by:

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