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You Can’t Spell Retail Without AI

Retail TouchPoints

From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI. AI has a lot to offer grocery stores, especially in inventory management. Practical Benefits of AI in Grocery.

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JB Hi-Fi’s omnichannel success: How the brand connects online and in-store

Inside Retail

JB Hi-Fi focuses on giving customers a consistent experience, no matter how they shop. JB Hi-Fi makes sure its brand looks and feels the same whether customers are shopping on their website or in a store. This single view of the customer is crucial for personalisation and targeted marketing.

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Beyond omnichannel: Why everyone is talking about unified commerce

Inside Retail

As e-commerce, smartphones and social media have become a bigger part of consumers everyday lives, retailers have embraced solutions and technology to provide a seamless shopping experience for consumers across all channels, from in-store to mobile to online. But how does this differ from omnichannel retail?

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How to Build a Better Retail Assortment Strategy

Wiser

Moreover, an effective assortment strategy allows retailers to stand out in the fiercely competitive retail landscape, providing a unique and memorable shopping experience. 1: Identify Your Target Market To build an effective retail assortment strategy, you first need to identify who your target market is.

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ChatGPT in Retail – How Retailers Can Use ChatGPT to Enhance Customer Experience and Drive Sales

RETAIL MANAGEMENT SOFTWARE

One of the latest developments in this sector is the use of ChatGPT and other innovative technologies such as AI (artificial intelligence), AR (augmented reality), and VR (virtual reality) to create seamless omnichannel shopping experiences. ChatGPT is a large language model that can be used in a number of ways in the retail industry.

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From Shein to Chanel: Why we’re in the age of pop-ups

Inside Retail

From Shein to Chanel, Skims to Supreme, more and more retailers seem to be investing in temporary brick-and-mortar locations, more commonly known as pop-up shops. Pop-up shops today are on steroids, and they are everywhere. A report by global research and analytics firm IBISWorld states that pop-up shops generated approximately US$14.5

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Back to School Retail Guide: Expert Tips, Latest Trends, and Predictions

RETAIL MANAGEMENT SOFTWARE

As summer vacations wind down and the anticipation of a new school year grows, retailers are gearing up with back-to-school retail ideas for the annual shopping rush. After enduring higher prices last year during the pandemic’s aftermath, parents are now displaying price sensitivity and reevaluating their shopping approach.