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AI Takes The Measure Of Fashion Retailing

PYMNTS

That has led to the growing need for designers and retailers to personalize shopping experiences, and that’s the sweet spot for AI. percent clip from 2020 to 2026. For retailers the concept of taxonomy — naming and classifying items — has been transformed by AI. Fast fashion retailer H&M uses A.I.

Retail 165
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Google Cloud, Nokia Join Forces On Cloud-Native 5G Products

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Under the development partnership, Nokia will provide its voice core, cloud packet core, network exposure function, data management, signaling and 5G core technologies. Nokia will also include its IMPACT IoT Connected Device Platform, which allows for the remote management of IoT devices, and its Converged Charging solution.

Google 156
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Walgreens Plans To Shutter 200 Locations

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Walgreens said in a statement, according to the outlet, “As previously announced, we are undertaking a transformational cost management program to accelerate the ongoing transformation of our business, enable investments in key areas and to become a more efficient enterprise.” At that time, the retailer also shuttered 200 locations.

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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

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In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. Vendor and payment companies alike are seeking and creating solutions to provide their customers with the most secure digital payment experiences possible.

Industry 471
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Analysts Predicting A Big Year For eCommerce In 2017

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Going to be a good year for online retailers if analysts got their guess right. The study further noted that online retail sales growth has picked up just over 14 percent in the last year, and while there is expected to be some cooling there to 11.4 Omnichannel has changed the field some but also very much changed cost structures. “For

Retail 100
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Today In Data: Corporate Travel Spend, UK Cash Is King And Cannabis’ Growth

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trillion | Amount the Global Business Travel Association (GBTA) estimated global travel and expense management market corporate travel spend was worth in 2015. $70 6 billion | Total revenue brought in by the cannabis industry in 2016, a figure that some estimate will grow to as much as $50 billion by the year 2026. . $6

Data 116
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Wegmans To Open In Brooklyn; Whole Foods Brings Eateries To 500th Store

PYMNTS

Grocery retailers are opening new stores in cities that aren’t only designed as places for consumers to pick up their weekly groceries: They’re turning them into culinary destinations with eateries as well as features designed for city living. Luxury retailers usually have that type of glass installed, and it’s easier to see inside.

New York 100