Could AI revolutionize high street retail as well as ecommerce?
High street retail hasn't changed much in the last few decades. Yep, there's click and collect and online returns but, as in years gone by, product buyers decide what will sell by using a mix of nous and trends analysis. Fashion, for example, may be getting faster (quicker production time and fulfilment) but the knack is still in predicting the season's trends and riding the wave. In-store merchandising, too, is a matter of long-honed instincts as to what should go where. What I'm saying is there's a lot of art in the high-street retail business (particularly fashion), and it attracts suitably artistic people.
May-28-2017, 06:10:08 GMT
- Industry:
- Retail > Online (0.36)
- Information Technology > Services
- e-Commerce Services (0.56)
- Technology: