The use of data analytics is powering digital transformation in retail, from supply chain and in-store inventory management to customer service and engagement. In this report, we offer key insights into the growing adoption of analytics by the retail sector.
Retailers face challenges with steadily rising consumer expectations around online convenience, rapid delivery and cross channel integration. Micro fulfillment centers offer a cost-effective solution to reach more customers faster and more reliably.
With this report, we introduce Coresight Research’s SCORE framework for AI in grocery retailing. This framework segments use cases into five critical areas.
The Coresight Research team attended the Taobao Maker Festival 2019 in Hangzhou, China, on September 12. Alibaba’s Taobao Maker Festival, first launched in 2016, celebrates the “maker spirit” of Chinese merchants and designers, and how that spirit is resonating among China’s young generation (millennials and Gen Zers).
On September 15-18, the grocery and CPG world will come together in Las Vegas for one of the most important industry events of the year: Groceryshop. The Coresight Research team will be attending the event – and Founder and CEO Deborah Weinswig will kick off a session in which 20 startups will present their retail technology solutions.
This deep dive represents the third installment in the RetailTech series and covers everything from beacons to magic mirrors to robots.
Pricing has become key in retail. Artificial intelligence and machine learning is giving retailers new tools to help fully and effectively implement price optimization strategies.
Alibaba’s flash sale and group buying platform Juhusuan introduced an updated version of Jutudi, an initiative to offer fresh farm produce at a lower price. Tmall launched an experiential center to invite brands to connect with customers offline.
Machine learning generates insights from data to help retailers make better decisions and predictions and improve operations including inventory management and last-mile delivery.
New Retail Briefing: Oreo Launches New Flavors Inspired by Forbidden City; Tmall Gives Retailers New Tools to Innovate Storefronts
Oreo teamed up with Forbidden City to create a new line of featuring traditional Chinese aesthetics. Tmall has given retailers new tools to redesign storefronts to boost store traffic.
IVAs can improve supply chain operations by cutting labor costs and enabling faster and more accurate service delivery, ultimately leading to better customer experiences. Companies such as Alibaba and Aramex have been employing IVAs to improve supply chain efficiency.
The digitalization of grocery retailing is about much more than e-commerce. In the US, Walmart and Kroger are leading the charge in digital adoption across the grocery supply chain. In this report, we review a number of grocery tech innovations from these two retailers.
Israel’s retail-tech sector is growing and quickly becoming one of the hottest and most innovative ecosystems for retail technologies, with startups offering solutions from supply chain logistics to the in-store experience.
Technologies including blockchain, AI and others are transforming the various stages in the retail supply chain, including product design, demand forecasting, manufacturing, logistics, warehousing, last-mile delivery and sales.
Artificial intelligence (AI) has established itself as the preeminent technology in retailing. We outline the four overarching use-cases for AI in retail companies identified in our CORE framework.