Algorithmic retailing enables retailers to gain actionable insights from vast amounts of data, make informed decisions, and adapt quickly to changing market conditions, thereby gaining a competitive edge in the retail industry.
= Summary: Ed Betts considers the importance of a central planning platform and AI-driven forecasting to ensure seasonal event success = 4min read The retail calendar year is a busy one. Whether fixed seasonal events or one-offs such as sporting occasions, the industry plays a pivotal role in setting the tone, creating the ambience and making every moment memorable. There is an expectation that stores will be …
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4 minute read Artificial Intelligence (AI) dominates today’s news cycle, and for good reason. It is both a catalyst of major change in numerous industries, and a technology upon which significant negative sentiment is growing around its future applications. But we must be careful not to consider ‘artificial intelligence’ as a blanket term, because it simply isn’t. Putting the specifics of their programming aside, it’s safe to …
14 September 2022 | 3 min read By Ed Betts, UKI General manager 16 September marks the 100-day countdown to Christmas, also known as the Golden Quarter; the busiest period in the retail calendar. The Golden Quarter can be a difficult time for retail businesses, but this year presents a real challenge. The cost-of-living crisis, disruption to supply chains, the effect on global trade and freight costs …