Event Coverage 6 minutesRegister for Free AccessWorld Retail Congress 2018, Day 1: Hearing About the “Retail Apocalypse,” Chinese Retail and the Need for Change in Brick-and-Mortar Coresight Research April 18, 2018 Executive SummaryThe Coresight Research team is attending World Retail Congress 2018 in Madrid this week. Here are our top takeaways from day one of the conference: The “retail apocalypse” story is “great clickbait,” but it is not taken seriously as an accurate depiction of US retail. JD.com’s Richard Liu predicted that the retail industry will be operated at some point by artificial intelligence (AI) and robots, rather than by humans—but he did not predict when. Alibaba Group sees Tmall as the “gateway to China” for Western retailers and brands and notes that the platform enables these companies to test products rapidly. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: June 2024 US Retail Sales Outlook: Projecting Further Retail Resilience in the Second Half of 2024Generative AI Latest: Indian Conglomerates Enter the Space, the US Drives the Responsible Use of AI, Adobe Launches New ProductsWeinswig’s Weekly: Five Foundations for the 2023 Festive SeasonWeekly US and UK Store Openings and Closures Tracker 2023, Week 46: Avon Calling!
