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Akeneo aims to transform the retail playbook with AI and data consistency

CIO

Australian retailers have spent much of the last few years buffeted by economic challenges. A rebound is on the horizon, which means a substantial opportunity for growth for those retailers that can get ahead of the curve. Many retailers are looking to AI for that competitive advantage.

Retail 396
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Google Cloud for Retailers adds AI-based inventory, e-commerce tools

CIO

In a bid to help retailers transform their in-store, inventory-checking processes and enhance their e-commerce sites, Google on Friday said that it is enhancing Google Cloud for Retailers with a new shelf-checking, AI-based capability, and updating its Discovery AI and Recommendation AI services.

Commerce 500
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Salesforce to acquire PoS startup PredictSpring to augment Commerce Cloud

CIO

Customer relationship management (CRM) software provider Salesforce has signed a definitive agreement to acquire cloud-based point-of-sale (PoS) software vendor PredictSpring to augment its existing Customer 360 capabilities in an attempt to get a stronger hold in the retail industry.

Commerce 435
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The retail edge: Where data powers game-changing customer experiences

CIO

The future of retail is omnichannel The last three or four years have changed retail forever. 1 But despite some of the benefits of online sales, this isn’t all good news for retailers. 2 Dell Developing omnichannel omniscience requires edge data insights Now, more than ever, the edge is valuable territory for retailers.

Retail 494
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Tencent super-apps helped a large American retailer expand its reach into China

CIO

Entering a new market with a different social structure, cultural history, and regulatory issues is never easy for a large retailer, even if the difference seems slight. This was a major roadblock for a large American retailer when it started on its journey to enter the Chinese market in 1996.

Retail 392
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Unified commerce elevates customer experience for Hippo Stores

CIO

One of the biggest challenges confronting retailers today is ensuring convergence between customers’ traditional in-store shopping experience and their digital journey, thereby delivering a seamless customer experience (CX). As we built it on top of our online commerce application, we reduced a lot of engineering build time.

Commerce 369
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Major Trends Involving Artificial Intelligence in Retail

Smart Data Collective

AI has become incredibly important for the retail sector. This is partly because the industry must take measures to avoid collapsing in the wake of new competition from online retailers. It is believed that the retail sector will irreversibly decline in the future. This is primarily due to the growing popularity of e-commerce.

Retail 356