How is AI used in retail in 2023?

The leading uses of AI in retail include supply chain forecasting, chatbots, and operational savings.

Future of retail: Why brick-and-mortar is not dead

The rise of e-commerce giants like Amazon and the convenience of online shopping have led to widespread pessimism about the future of traditional retail stores.

Diamond prices drop amid ongoing retail slump

The sluggish US retail sector has put pressure on the midstream, prompting jewellers to limit inventory purchases and focus on specific orders.

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By GlobalData

The rise of frozen food: retailers’ opportunities and challenges

Soaring grocery prices have boosted sales of frozen produce, straining cold storage supply chains.

Target removes Pride Month products, for safety

The decision has thrust Target into the midst of the ongoing culture wars in the US.

Retailers to open 1,000 new US stores amid space shortage

The retail space rebound is due to reduced construction since the 2008-09 crisis, helping the oversaturated sector absorb existing real estate.

Digitising the convenience store business model

How can convenience stores retain their essential roles in consumers’ everyday lives?

Retail royalty: unveiling London’s opulent realm of luxury shopping

As the city evolves and adapts, luxury brands and policymakers alike recognise the vital role London plays in shaping the luxury landscape.

Consumers cut back on restaurant visits as inflation soars

A report has found that consumers are more likely to curtail their restaurant visits than trade down to fight inflation.

Getir’s ‘unsurprising’ layoffs caused by high competition and grocery focus

Turkish on-demand delivery service provider Getir cut 10.9% of its global workforce, begging the question: what has gone wrong for the start-up?

The most-read news on Retail Insight Network in 2023