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Predict, Personalize, Purchase: Retail’s New AI-Driven CycleForget everything you thought you knew about traditional retail. AI isn't just improving supply chains or suggesting products; it's complet...- GenAI could boost productivity in India’s retail industry by 35-37% in 5 yrs: EY India reportGenerative AI could enhance productivity in India’s retail sector by up to 37% within five years, according to EY India. The technology is ...
- McDonald’s rolls out kiosks that take cash, pushing diners away from cashiersMcDonald's is advancing towards a future with minimal human cashiers by introducing new digital ordering stations in the US. These stations...
- Amazon rolls out robotic system at Houston warehouse to speed up deliveriesAmazon said Sequoia can help identify and store inventory 75% faster, while reducing the time to process orders at a warehouse by as much a...
- Amazon has rolled out contactless tech to 200 locations including Panera cafesThe e-commerce and cloud-computing giant is widening deployment of its contactless technology with existing customers, Vice President Dilip...
- Amazon CEO doubles down on grocery store business: reportJassy blamed a lack of normalcy during the pandemic for a series of stumbles and said the company was ready to "go big" on bricks-and-morta...
- Amazon job cuts hit staffers in grocery, robotics, payments, AWS divisionsAmazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisions of the company, ...
- Amazon's cloud unit wants to widen appeal of cashier-less techIn recent years, the e-commerce company has opened stores without cashiers in which cameras and sensors determine what shoppers take and bi...
- Amazon opens its first physical clothing store in USThe apparel store will be an addition to Amazon's lineup of physical locations, which includes Whole Foods and its cashier-less Amazon Go a...
- A magic closet! Amazon working on a fashion store where algorithms will suggest what to try onThe online retailer is making another push to grow its fashion business.
- Amazon to let Whole Foods shoppers pay with a swipe of their palmThe move shows how Amazon is bringing some of the technology already in use at its namesake brick-and-mortar Go and Books stores to the gro...
- Amazon launches business selling automated checkout to retailersItems picked up by a customer and any guests who enter with them will be added to the shopper's virtual cart. The store will then bill the ...
- Reliance Retail tops list of 50 fastest growing retailers globallyReliance Retail topped the list of '50 fastest-growing retailers globally' in the Deloitte's Retailing index.
- Perpule raises $4.7 million from Prime Venture, Kalaari, Venture HighwayPerpule, which offers consumers with a self checkout option at retail outlets, intends to use the funds for expansion into more outlets acr...
- Bezos says Artificial Intelligence to fuel Amazon's successChanges ushered in by artificial intelligence and machine learning will help the companies that embrace them and put up barriers for those ...
- Abundant liquidity, fall in yields to lift bank bottomlineThis month, the benchmark bond yield dipped over 60 basis points touching an intra-day low of 6.11%, the lowest in about seven-and-ahalf mo...
- Automation will not just hit IT jobs but 10 other sectors as well. Are you working in any?IT industry worldwide would see a net decrease of 9% in headcount, or about 1.4 million jobs due to automation. But that is just one part o...
- How technological developments can cut millions of jobs over next 20 yearsA Bank of America-Merrill Lynch report had earlier predicted that 47% of jobs in the US will be taken over by technology. Is your career sa...
- 82 per cent clear integrity test at self-payment cashier-less China storesThere were no employees either to supervise the stores. 82 per cent of the transactions were faithfully paid for.
- South Africa's black women struggle to find jobsAs one in nearly three black South African women who are jobless, Sabatha Nyawo has pounded the streets of South Africa's financial capital...
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