Is AI the key to finding the right location, location, location? – RetailWire

The conventional wisdom is that being in the right location is critical to success in retail. As one Japanese convenience store pursues an expansion, it may be getting some non-human help to decide where its stores should go. Convenience store chain Lawson is considering using artificial intelligence (AI) to determine where to place its new store locations, according to the Japan Times. The chain plans to use AI to collect marketing data, such as household distribution patterns and traffic volume, to determine a given store's chances of success in an area. Generally, the chain makes such decisions based on information gathering and analysis of an area carried out by staff.