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Wireless 5G Revolutionizing Retail

Retail TouchPoints

5G is expected to be a powerful catalyst to disrupt retail operations, from optimizing warehouses and supply chain management to transforming the in-store customer experience through personalization and product engagement. 5G can Drive Consumer Engagement.

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Australia’s supply chains should never look the same again

Inside Retail

This is particularly true for retail supply-chain management. Retailers are learning from category disruptors like Who Gives a Crap, Nude Wines, and Hello Fresh that customers are eager to change their behaviour from habitual or opportunistic purchasing to planned subscriptions across many categories. /

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From smart mirrors to in-car shopping: the tech shaping retail’s future

Inside Retail

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks.

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Majority Report: 2022 Predictions on How AI Will Impact Global Industries

Nvidia

At the same time, global food prices have jumped to their highest level in more than a decade as worker shortages, factory closures and high commodity prices shred plans at even the most sophisticated forecasting and logistics operations.

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The Rise of AI in Retail: Transforming the Industry Online, In-Store, and Socially

365 Retail

In healthcare, for instance, AI-powered algorithms can assist in early disease detection, drug discovery, and personalized treatment plans, ultimately saving lives and improving patient outcomes. Retailers are also using facial recognition for queue management.

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Cross-Channel Home Décor Retailing: 5 Take Away Lessons from The Game Changers

RETAIL MANAGEMENT SOFTWARE

While brick and mortar stores still play a strategic role in this market vertical, online shopping has skyrocketed, and with $294 billion expected in online home furnishing sales by 2022, retail store owners can no longer afford to miss out on the opportunity to ramp up their cross-channel game plans.