The future of machine learning-driven retail

In case you hadn't heard, retail is having a hard time as of late. Thanks largely to the ever-increasing influence of online shopping, some have even described it as a retail meltdown. As more and more people are forsaking the retail store, and giant names like J.C. Penney, RadioShack, Macy's and Sears shutter hundreds of stores, retailers are scrambling to find solutions for the crisis. In the end, for retailers who are unwilling to step into the future and unlock the advantages of big data, the prognosis does indeed seem bleak. However, there are also retailers willing to incorporate machine learning into their organization and take part in the new human-machine alliance.