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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

Artificial intelligence (AI) has helped to swing the pendulum in favor of chatbots, along with other technology integrations, into a sweet spot that’s helping to likely streamline processes throughout retail. By the year 2027, Forrester is predicting U.S. Between now and 2027, however, there will be 24.7 employment will see a 9.8

Retail 121
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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits. percent growth forecast for the global kiosk market from 2019 to 2027.

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Amazon Walmart Whole Paycheck Tracker: Beauty, Fashion And Food

PYMNTS

Walmart’s move on skincare could have been forecast simply by looking at skincare’s $123 billion in global revenue in 2018, or the $175-$200 billion it is forecast to generate annually by 2027. New Idea of the Week: Spotlighting Top Brands . Ultimately, our success depends on their success.”. According to survey data from the U.S.

Branding 109
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Vending Machines Turn To The Bubbly To Gain More Sales

PYMNTS

Digital technology and payment methods are playing big roles in fueling advances and boosting the appeal of unattended retail. Vengo Labs CEO and Co-Founder Brian Shimmerlik told PYMNTS in a January interview , “We love shrinking down, and bringing the design and technology a whole new flavor. Better Food.

Retail 122
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TikTok Doubles Sales To $35 Billion Despite Bans, Layoffs

PYMNTS

Chinese social media app TikTok — the world’s biggest startup — grew operating profit to $7 billion after parent company ByteDance saw revenue at about $35 billion last year, Bloomberg reported. The Chinese company had an estimated operating profit of below $4 billion the prior year, according to Bloomberg. billion by 2027.