AI, Automation Stand Out At NRF's Trade Show PYMNTS.com

Several new innovations that change the way retailers manage inventory and consumers purchase products were on display at the National Retail Federation's annual trade show, The New York Times reported. The convention floor included displays of alert systems programmed to identify heavy-spending customers, smart shelves that can track inventory in real time and robots for supply chain applications. During the three-day event, retail industry leaders discussed artificial intelligence, Big Data and automation. Drawing more than 600 exhibitors, the convention featured sessions with leaders from Walmart, Best Buy, Neiman Marcus and other big-name merchants. According to technology on display, certain consumers will soon be able to test-drive or purchase vehicles without any human contact, using their mobile phones at a garage that doubles as a vending machine.