Retail Technology
The Future of Supermarket Technology: Innovations Shaping the Next Five Years
The retail and supermarket industries are on the brink of a technological revolution. Over the next five years, advances in artificial intelligence (AI), automation, and digital solutions are expected to transform the way we...
FOOTFALL BOOST CONTINUES INTO THE BLACK FRIDAY WEEKEND, ACCORDING TO SENSORMATIC SOLUTIONS SHOPPERTRAK ANALYTICS
Solihull, UK — Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls, today shared its first look into in-store shopper traffic for the 2024 Black Friday weekend. The brand’s ShopperTrak Analytics insights platform,...
UK RETAIL TRAFFIC +4.8% YEAR-ON-YEAR ON BLACK FRIDAY 2024, ACCORDING TO SENSORMATIC SOLUTIONS SHOPPERTRAK ANALYTICS
Total UK in-store traffic on Black Friday (29 Nov 2024) rose +4.8% year-on-year Visits to stores also rose +17% in the week of Black Friday as shoppers sought out discounts Retail parks were the...
Tech Industry Layoffs and the Surge of AI: A Workforce Revolution
The tech industry is undergoing a seismic transformation as major companies like Google, Cisco, and Intel implement significant layoffs. These reductions, which have impacted tens of thousands of employees, highlight the shifting priorities of...
Alibaba Launches QwQ-32B-Preview: A New Challenger in AI Reasoning Models
Alibaba’s Qwen team has introduced QwQ-32B-Preview, a groundbreaking AI model that rivals OpenAI’s o1 series in reasoning capabilities. Designed with 32.5 billion parameters, this model excels in complex problem-solving and supports prompts up to 32,000...
The Retail Technology Every Supermarket Should Adopt in 2025
As we step into 2025, the retail landscape continues to evolve at a rapid pace. Supermarkets, facing increasing competition and ever-demanding consumers, are adopting cutting-edge technologies to enhance efficiency, security, and customer experience. Here...
Walmart publishes 2025 AI Trends Outlook
Walmart Revolutionises Retail with Generative AI Innovations for 2025 As expectations around artificial intelligence shift from innovation to implementation, the pressure to prove the technology from an enterprise standpoint is heating up. Cultural fascination...
East of England Co-op boosts labour productivity by 70% with ESL solution from Pricer
Labour savings on time previously spent maintaining paper labels reduced by 70% Store staff have been freed from manual shelf-edge tasking to focus on CX delivery Moving to ESLs has reduced store printing costs...
The Rise of Supermarkets Embracing Just Walk Out Technology
Just Walk Out technology is revolutionising the supermarket industry, offering a seamless shopping experience by eliminating traditional checkouts. This innovation combines artificial intelligence, advanced sensors, and cameras to allow customers to pick items and...
AR Shopping: A Simple Guide to Who’s Using It, How It Works, and Costs
What is AR Shopping?Augmented Reality (AR) shopping is a new way to shop that lets you try products virtually before buying them. Using your smartphone or tablet, you can see how a product will...