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3 Common Misunderstandings About AI & Machine Learning in Retail

The hype surrounding AI is real. You know it, I know it, we all know it. So what exactly is the problem when it comes to adoption? Do certain misconceptions of what AI can and can’t do factor into all of this?

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Topics: retail technology, artificial intelligence, machine learning, inventory optimization

How Predictive Analytics and Machine Learning Can Help Optimize Your Inventory

Imagine a world where you could see into the mind of your customer.

What if as soon as you became aware of what your customer wanted to buy, you could flip a switch and the product would be manufactured instantaneously? Then, at the flip of another switch, you could get it into your customer’s hands instantaneously? 

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Topics: retail technology, artificial intelligence, innvoation, NRF2018, machine learning, inventory optimization

These Liquor Stores Are Taking Another Look at Their Assortments

Liquor store shelves are crowded. I mean, really crowded. Not just in type of liquor, but in sheer flavor variance. Smirnoff alone offers more than 20 different varieties of vodkas; because, well, apparently there’s demand somewhere out there for flavors ranging from Honeydew to Amaretto spiced. There’s also abominations like 'Cookies and Cream' whiskey and 'Dark Chocolate' tequilas; unicorn tear gins and sesame and popcorn daiquiris. Gross.

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Topics: inventory optimization, in-store assortment, liquor stores

Our Favorite Retail Stories of 2016

As we look forward to 2017, we take a look back at some of the more memorable stories of the past year. While there were numerous blogs to pick from, we narrowed it down to those stories that will continue to resonate into the coming year and beyond.

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Topics: roundup, holidays, shopping trends, inventory optimization

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