AI in retail

Revolutionizing Retail: The Future of Shopping Technology Unveiled

Revolutionizing Retail: The Future of Shopping Technology Unveiled

NeelRatan

Retail technology is rapidly evolving, featuring innovations like body scanners, AI mirrors, and smart carts. At NRF 2025, companies like Dick's Sporting Goods highlighted AI's potential to enhance customer experience and combat theft, showcasing a future where technology plays a central role in retail.

AI Spending Set to Rise 52% as Retail Brands Innovate

AI Spending Set to Rise 52% as Retail Brands Innovate

NeelRatan

An IBM study predicts a 52% increase in AI spending beyond IT budgets as retail brands embrace enterprise-wide innovation. Despite progress, many enterprises struggle to achieve return on investment (ROI) from AI initiatives, prompting a shift towards open-source AI solutions for better outcomes.