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Online Liquor Sales Are Booming – Can Digital ID Keep Up?

PYMNTS

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

Online 169
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Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?

PYMNTS

“Buy a car entirely online, and have it safely delivered, contact-free.” So goes the pitch at online car-buying platform Vroom , which is turning to artificial intelligence (AI) and machine learning (ML) to further accelerate the transformation of the used car business. Marketing Cars Online.

Louisiana 242
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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.

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AI/Bot: Dole’s Secret Artificial Intelligence Weapon

PYMNTS

Artificial intelligence (AI)–assisted technologies have been on the rise over the past few years. From virtual personal assistants to video games, smart cars, online customer support, and music or movie recommendations, AI has infiltrated nearly every aspect of consumers’ everyday lives.

Retail 177
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Warehouse Robots Pave The Way For More AI Logistics

PYMNTS

Hot on their trail are machine learning and artificial intelligence (AI) technology — the software and algorithms promising to reduce the risks of overstocking and understocking, and providing other benefits that can boost retailers’ revenue. And AI will play a major role in that.

Retail 197
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‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

PYMNTS

which is developing robotic technology that can prepare and cook pizzas while en route to delivery. According to UBS , the online food market will hit $365 billion globally in 2030, up from about $35 billion last year. As noted by The Wall Street Journal , “SoftBank Vision Fund made a $357 million investment in Zume Pizza Inc.,

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Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers

PYMNTS

“Over the past few months, we’ve seen the COVID-19 pandemic firsthand, [and] it has catalyzed eCommerce – introducing major changes in buyer behavior and pulling forward what retail would look like in 2030 to 2020,” Chief Operating Officer Harley Finkelstein said on the company’s earnings call.

Retail 181