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Rite Aid Charges New Chief Retail Officer with Developing its Store of the Future

Retail TouchPoints

Rite Aid has promoted Andre Persaud to the role of Chief Retail Officer. Persaud, who has held the role of EVP, Retail since February 2020 , will now be responsible for orchestrating new in-store experiences and operations processes under the retailer’s RxEvolution strategy. and Canada.

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Six Principles for Redefining Retail with Responsible AI

Retail TouchPoints

The role of such a committee — consisting of individuals from different departments and backgrounds — extends from supply chain management to customer interaction. Promote Transparency in AI Processes Transparency in Gen AI processes is essential for building and maintaining customer trust.

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Rite Aid promotes Andre Persaud to chief retail officer

Mass Relators

“During a challenging year, Andre led the development and implementation of new, elevated operations brand standards that align the in-store customer experience with our whole health focus.”. The post Rite Aid promotes Andre Persaud to chief retail officer appeared first on MMR: Mass Market Retailers.

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Using Prebuilt Data Models? You Should Be

Retail TouchPoints

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Supply Chain Management model: This model helps retailers manage their supply chain by tracking inventory levels, logistics and supplier performance.

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“20,000 stores in China by 2026 is the target” – Joey Wat, Yum China’s CEO

Inside Retail

Through the supply chain management dashboard, the company can also monitor core suppliers, logistics and store data, enabling more intelligent decision-making. Zhang said that generative AI will also be used for employee recruitment, training, evaluation, promotion and store operations.

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“20,000 stores in China by 2026 is the target” : Joey Wat, Yum China’s CEO

Inside Retail

Through the supply chain management dashboard, the company can also monitor core suppliers, logistics and store data, enabling more intelligent decision making. Zhang said that generative AI will also be used for employee recruitment, training, evaluation, promotion and store operations.

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How to Win in the Real-Time Holiday Retail Era

Retail TouchPoints

Optimized supply chain management to avoid stockouts and overstocking. Accurate data ensures that communications with customers related to order status or stock availability are not just timely but also based in fact, and can provide useful insights to drive marketing and promotional activity. Expect the Unexpected.