In today’s digital age, the integration of artificial intelligence (AI) is revolutionizing industries across the board, and home improvement retail is no exception. With its ability to analyze vast amounts of data, streamline processes and personalize customer experiences, AI holds …
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AI Is Now: Bring Efficiencies to Your Operation With This Emerging Technology
From sentient supercomputers taking over space missions in “2001: A Space Odyssey” to a robot helping solve a murder and save the day in “Big Hero 6,” artificial intelligence (AI) has been a main character in pop culture for over …
Read More »How Big-Box Retailers Are Using AI
In the August issue of Hardware Retailing, retailers and wholesalers shared the ways they are using artificial intelligence (AI) in their operations. The ways retailers are using AI run the gamut from marketing to inventory management to loss prevention and …
Read More »Database of Industry Vendors Offering AI Platforms and Services
As you work to implement AI technologies in your operation, here is a list of service providers, vendors and companies offering AI solutions covering a variety of operational areas. This is not a complete list, but gives you a head …
Read More »Guidelines for AI Usage in the Retail Sector
As artificial intelligence (AI) continues to expand throughout all industries, the National Retail Federation (NRF) has published a series of guidelines called the Principles for Use of Artificial Intelligence in the Retail Sector. These guidelines strive to encourage governance of …
Read More »Northern Tool + Equipment Turns to AI for Pricing Strategy
To improves its pricing strategy, home improvement chain Northern Tool + Equipment has partnered with Revionics, an Aptos Company, as its intelligent pricing platform. Revionics specializes in pricing, promotions and advanced analytics solutions. Northern Tool + Equipment will use the …
Read More »Walmart, Target Have Diverging Plans for Retail Robots
Walmart and Target are both using artificial intelligence to streamline their operations, but how each company is making use of retail robots underscores the possibilities and pitfalls of in-store robotic technology, an article from CNN reveals. Walmart is investing heavily …
Read More »Retail Insights From Shoptalk 2019
Writing for Forbes, retail analyst Greg Petro dives into a few of his key takeaways from Shoptalk, an annual retail conference that highlights industry trends, technology and business models. Artificial intelligence is getting smarter. Petro says one of the dominant …
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