The high street shopping experience will be transformed by AI, with innovations like automated inventory control and advanced point-of-sale systems expected by 2025.
AI has disrupted nearly every sector globally, and in retail, it automates operations and analyzes spending trends, revolutionizing inventory management.
Machine learning is expected to significantly transform how retailers forecast demand and monitor product turnover, enhancing their ability to manage stock effectively.
Generative AI, such as ChatGPT, is not limited to online retail; it will be utilized in brick-and-mortar stores for in-store layout optimization and enhancing customer interactions.
#retail-innovation #artificial-intelligence #machine-learning #inventory-management #consumer-experience
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