June 6, 2018:
An expanding group of retailers are implementing AI solutions to solve specific operational problems, from merchandising and marketing to promotions and pricing. AI’s growth reflects this — the technology’s market within retail is projected to reach $27.2 billion by 2025.
Retailers are tapping AI to drive sales and anticipate demand (50%); understand consumer behavior (46%); and offer highly accurate individualized promotions (46%), according to a 2017 survey from Retail Week and… [Read More]