AI and the Transformation of Retail
How is AI Changing the Retail Industry? Artificial Intelligence (AI) is rapidly changing the way retail businesses operate and serve customers. Thanks to AI, retail companies can improve business efficiency, from intelligent inventory management to personalizing the shopping experience. This not only helps businesses optimize costs but also improves customer satisfaction, thereby increasing revenue and competitiveness. AI in retail is not just limited to online stores but is also present in physical stores, helping create a seamless shopping experience between both channels. From predicting customer needs to optimizing supply chains, AI is playing a major role in reshaping the future of retail. Illustration. ...