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67 pc say AI use can increase sales by online retailers: Survey

When it comes to technologies like automation and Artificial Intelligence (AI), 67 per cent people say the prospect of AI being used to increase sales and profits by online retailers, if that use resulted in a better customer experience,...

The rise and growth of the Indian retail industry

Over the years, retailing in India has been one of the most dynamic and fast paced industries, which has travelled through different phases. Origins of retailing in India can be traced back to the emergence of kirana and mom...

Hard Rock International Retail Shops improve forecasting with predictive analytics, AI

Hard Rock International operates retail shops, restaurants, cafes, hotels, and casinos in 74 countries featuring the world's largest music & rock-and-roll memorabilia collection. The company was seeking to grow and optimise retail operations in their Rock Shop stores. It...

Social Media rapidly emerges as a critical business and marketing channel to target Gen Z buyers

Generation Z currently makes up 24 percent of the global population and is set to have significant spending power. This 'digitally native' population cohort, born between 1993 and 2007, will be an important customer base in the future.The US...

The impatient consumer, IoT and the food of everything

There is more to foods than meets the eye. There is technology. There is the consumer who is forever morphing. And there is the future. Let’s peep into it.Is India the Most Exciting Food Market in the World Really?Must...

Interim Budget 2019-20: National Artificial Intelligence Portal announced

In a bid to strengthen the Artificial Intelligence (AI) sector in India, Finance Minister Piyush Goyal on Friday announced that the government will soon launch a National Artificial Intelligence Portal.Presenting the Interim Budget 2019-20 in the Lok Sabha, Goyal...

AI offers $340bn opportunity to retail sector: Global Study

The use of Artificial Intelligence (AI) offers about $340 billion cost-saving opportunity for those retail companies that are able to scale and expand the scope of their existing deployments, according to a new global study from French technology services...

New Retail: A Game changer in the retail fraternity and a boon to the new tech-savvy customers

A lucid vision of how technology could impact the retail landscape in the near future was visible when both online and offline retailers started embracing the meaningful improvements technology was bringing in. The progress of the digital native population...

Channeling Artificial Intelligence in beauty

Since time immemorial women have been using various aids to enhance their beauty. Between the ancient times and the advancement of scientific techniques, we have seen the phenomenal growth of the beauty and cosmetics business. We have seen the...

The Secret to Winning Customers’ Hearts With Artificial Intelligence: Add human intelligence

New research from Capgemini’s Digital Transformation Institute has revealed that artificial intelligence (AI) is no longer alien to consumers, with close to three-quarters (73 percent) indicating they have interacted via AI, and 69 percent of those who have used...
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Wooden Street opens 102nd store in Delhi

Spanning over 3,000 sq. ft. of retail area, the new highstreet outlet is located on the main outer ring...
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