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WEBVistar Media expands Academy platform into APAC region. RetailBiz Webinar – Bringing Loyalty Programs into the Digital Age – in partnership with Klarna.
The trends that will define the retail industry in 2024
WEBAI adoption will increase. In 2023, artificial intelligence (AI) exploded into mainstream consciousness thanks to the prominence of ChatGPT. In 2024, that momentum will continue. In fact, by 2026, the global AI market in the retail industry is projected to grow by 70%. AI is still in the early stage of its evolution, and many retailers have yet ...
What the Australian retail industry should expect for 2023
WEBWith the COVID-19 pandemic, the past 36 months have been a difficult time for Australia’s retail industry, with businesses having to navigate a plethora of challenges, ranging from rising costs and supply chain disruptions to grave labour shortages.. Further adding to the pressure on retailers are rising customer expectations.
Checkout choices: How diversifying revenue streams can help …
WEB13 hours ago · Australian SMEs that are looking to swim, not just stay afloat – or worse, sink, should be considering ways to diversify their revenue streams. A key strategy for Australian SMEs looking to broaden their revenue could include selling other non-competitive brands’ gift cards through a ‘gift card mall’ in addition to their own branded ...
How integrating your data fabric can transform your competitive …
WEB13 hours ago · A data fabric is an integrated, flexible data management framework that allows organisations to connect and manage data across various sources and environments, whether they are on-premises, in the cloud, or across different systems. It provides a unified, real-time view of data, enabling …
Five trends that every retailer should be adopting in 2024
WEBNov 28, 2023 · Five key trends that retailers should adopt to stay ahead of the curve in 2024: Warehouse optimisation, digitalisation and automation: The integration of digital technology and automation (including robotics, AI and machine learning tools) with space-optimising vertical or cube storage systems, enables retailers to streamline their warehouse ...
AI regulations must protect the Australian public while not …
WEB13 hours ago · AI regulations must protect the Australian public while not restricting innovation. The Albanese government’s announcement last month on the potential for artificial intelligence (AI) regulation marks a pivotal moment for Australia. The proposal, while not yet legislated, lays out a framework for how AI …
What retailers should look out for in 2024 - retailbiz
WEBIt has been a challenging few years for retailers, especially as they are more likely than average to face risk, according to FIS’ Global Innovation Report.With 89% of retailers concerned about rising inflation, and 78% worried about supply chain disruption, industry norms have been flipped.
Pattern Australia shares five e-commerce predictions for 2024
WEBGlobal ecommerce and marketplace accelerator, Pattern has released its top five predictions on what will shape the Australian e-commerce landscape in 2024. “The Australian retail landscape will take an evolutionary step-forward over the coming year, driven by changing consumer expectations and the …
Loop report urges Australian brands to adapt to new customer …
WEBAug 29, 2024 · Loop report urges Australian brands to adapt to new customer demands. As households tighten their wallets amid soaring living costs, new data highlights the urgent need for retailers to adapt to a shifting consumer landscape. The latest ABS data shows non-essential spending has dipped by 1.9%, while essential spending has surged by …