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Sensing, Not Seeing, with Vision AI as Retail’s Crystal Ball for the Future

Retail TouchPoints

While 7-Eleven is at the forefront of inventive uses for vision AI in the convenience retail market, we are also observing interest and adoption of vision AI for supermarket retailers for resource reallocation, to mirror each store’s unique ebb and flow of operations and foot traffic throughout the day.

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Asda and Amazon launch ‘hassle-free’ parcel collect and return service

Retail Gazette

Asda and Amazon have launched a new parcel pick-up and label-free, box-free return service at over 700 of the supermarket’s stores. Eligible Amazon orders will now be able to be collected at most of the supermarket’s stores across the UK, with more locations set to be added across the coming months. as sales fell 5.5%

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Ensuring a greener future in retail with sustainable signage

Retail Focus

And of course, because everything’s made in-house here in Leeds, we’re not shipping goods halfway around the world. By offering such solutions, businesses can attract new clients and enter into markets where sustainability is key, thereby enhancing their competitiveness. “In With this, Peutat flagged certain auxiliary services.

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ALDI Slashes Prices on 400 Essentials for Summer Savings Spree

Retail Wire

By dropping prices on more than 400 products, ALDI will save customers $100 million this summer, per savings estimates based on internal analysis of promotional pricing and projected sales volumes. With price drops on the season’s most-loved products in every aisle, we want to do what we can to help shoppers enjoy more of summer.”

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Woolworths declares $2bn share buyback as profit hits $2.07bn

Inside Retail

Woolworths has announced a $2 billion share buyback following the demerger of its drinks business Endeavour Group and a strong year at the supermarket checkouts. Physical supermarket sales increased by 2.0 Retail expert and QUT professor of marketing Gary Mortimer said Woolworths is ahead of rival Coles on a number of fronts this year.

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Five ways to reduce operating costs in your retail business

Inside Retail

Marketers need to have access to accurate inventory data to be able to switch ads off when products sell out or turn ads on when stock becomes available. Supermarkets in Australia now offer a ‘green option’ where they group deliveries in the same suburb together, so they’re not having to do several separate trips.

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Aldi vs Lidl: Who will win the battle of the discounters?

Retail Gazette

With the cost-of-living crisis at the forefront of shoppers’ minds, it’s no surprise so shoppers have jumped ship from the traditional big four supermarkets to discounters. Its market share increased from 6.1% However, it made an even bigger investment in its expansion plan, opening 50 new branches to Aldi’s 18.