AI for Merchandising: Applications, Implementation and Benefits Abound

What's Inside

A unified view of operations and data is essential for the effective planning and execution of merchandising strategies. By leveraging artificial intelligence (AI), retailers can realize this unified view, enhancing their forecasting accuracy, enabling hyper-localization, delivering superior customer experiences and, ultimately, boosting profitability.

In this research report, we dive into the transformative impact of AI on merchandising within the retail industry. Gain actionable insights on the key steps required to successfully integrate AI, and understand the technology’s significant benefits.

This report is made available to non-subscribers of Coresight Research through its sponsorship by Board.

Data in this research report include proprietary survey findings on:

• Percentage of gross sales lost to store inefficiencies across store-related business functions
• Extent of challenges that retailers face across store-related business functions
• Levels of investment in automated inventory tracking systems

Other relevant research:

• Data and AI in Retail Media—Collaboration and Data Cleansing Illuminate the Way Forward
• AI and Unified Data: Empowering Next-Generation Product and Shopper Intelligence—a free research report
• The Coresight Research AI Risk-Mitigation Framework
• More Coresight Research coverage of retail management
• Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology.