Target to close nine US stores due to rising retail crimes
The retailer pledged to continue its investment across stores to combat theft and organised retail crime.
27 September 2023
27 September 2023
The retailer pledged to continue its investment across stores to combat theft and organised retail crime.
As living costs rise, consumers have become more discerning and strategic in their approach to grocery shopping.
Strong sales, margin improvements and strategic expansion signal the company's resilience and future potential in retail.
The partnership aims to create advanced, accessible AI for AWS customers, prioritising responsible deployment for reliability and security.
The shopreme ecosystem connects all self-checkout clients, driving efficiency and convenience.
The UK retailer’s PBT increased by 72.7% to £24.7m in H1 FY24.
The retailer has been accused of leveraging interlocking anticompetitive and unfair strategies.
The retailer expects EBIT to come in at the bottom of its guided range of £40m to £60m.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Initially, retailers used AI for basic tasks, including inventory management and demand forecasting. However, its usage has now become more prevalent in other aspects such as personalized marketing, customer service, pricing optimization, and supply chain management. With the rise of ecommerce and the increasing importance of data-driven decision-making, AI adoption in retail and apparel has accelerated. The industry now relies on AI to enhance the shopping experience, optimize business operations, and gain an overall competitive edge.
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