15 August 2023
15 August 2023
Just days before Walmart's Q2 earnings release, Credit Suisse's ‘buy’ signal could boost investor hopes for higher stock value.
By 2030, the Fifteen Percent Pledge aims to facilitate $1.4trn in wealth creation for Black entrepreneurs.
Own-brand alternatives are, on average, more than 40% cheaper than branded products.
The retailer aims to hit its target of a 50% reduction in net-zero emissions by 2040.
Costly high street locations, low supply chain resilience, and no differentiated proposition have spelt disaster for the high street stalwart.
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Generative AI can enhance engagement through customer service interfaces, protect retailers against fraud and cyberattacks, and improve purchasing journeys through personalized product recommendations and inspiration based on shopping and browsing patterns. When adopting generative AI, retailers must also ensure that consumers are provided with accurate and up to date information to ensure better purchasing decisions. The challenges faced by generative AI in retail and apparel theme are bias, hallucinations, privacy, misinformation, and copyright. Enterprises are concerned about data leakage as well.
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