Retail Analytics

A Smart Indoor Positioning System for Retail Automation

For the last few years, we’ve been hearing about the retail apocalypse, though we would characterize it more as a retail extinction event. The difference being that until a couple of months ago, the demise of many brick-and-mortar businesses was a long, drawn-out affair. No more. COVID-19 has caused a true retail apocalypse – goodbye, […]

Shoplifting Prevention Technologies for Retailers

Shoplifting comes in many shapes and forms, from the broke pre-teen who is about to learn a valuable life lesson to a sophisticated gang of criminals that brazenly robs stores right in front of security cameras. In whatever form it ends up taking, shoplifting is when someone takes something from a store without paying for it – […]

6 Startups Selling Retail Automation Solutions with AI

Earlier this year, autonomous retail store Amazon Go opened to much fanfare, which just goes to show you how much we love buying isht. Every organization on the planet—even the 24-hour Elon Musk show known as Futurism—covered the event as if it were a visit by the pope. Headlines declared that the store of the […]

Using Artificial Intelligence for Price Discrimination

There was an article published by the Scientific American earlier this year titled Will Democracy Survive Big Data and Artificial Intelligence?, and it’s probably worth a read if you have 45 minutes (yes, it’s that long). We gave up about halfway through when we came across the following specimen which CB Insights affectionately refers to as “bad data viz”: […]

Why Robots are Strolling the Aisles of Walmart

Since most people do their grocery shopping at normal hours during the day, they don’t see the overnight stockers that come out late at night and work until the sun comes up. They’re distinguishable by the box knives they carry around in their aprons, the scar tissue all over their hands from being cut by said […]

7 Examples of AI in Retail and e-Commerce

From the outside looking in, shopping hasn’t changed all that much in the past decade. Sure, it’s more common now to find a brick-and-mortar synced efficiently with its online presence (Target is great at this). But those still seem to be the exception to the rule. Behind the scenes, however, it’s a very different story. […]

Blue Yonder Uses AI to Optimize Inventory, Pricing

What do high-energy physics and retail supply chains have in common? The heck if we know. But a German company called Blue Yonder, founded by a scientist who worked at Europe’s giant particle laboratory CERN, is using big data and artificial intelligence to help retailers optimize inventory and product pricing in impressive ways. Founded in […]

Nomi: A Retail Analytics Company for Investors to Watch

E-commerce provides some distinct advantages over tradition “bricks and mortar” retail outlets. When you’re selling products on a website, you can easily track meaningful information such as how long your customers look at every product, which products they put into their carts or take out, which advertisements draw their attention, and the paths they take through your store […]