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Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

Give said scientist(s) a budget to lease a Tensor Flo server with Google and start parsing transaction data. Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. But the present and future of AI in retail is much richer. Not so fast.

Retail 203
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Facebook And Google Payments Efforts Top Week’s News

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This edition includes news about Facebook’s new payments push, Amazon’s new robotics plan and why Google is working more closely with financial institutions. Google Dives Into DDAs. The branding will reflect the financial institutions and not Google. Amazon To Build $40M Robotics Innovation Hub Near Boston.

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Why Google Ditched Perishables

PYMNTS

It was less than a year ago — February, to be precise — that Google appeared as the latest player in an increasingly crowded food delivery market that was intent to make a move on grocery. Google was “taking on Amazon” (according to Recode ) by making the big move on fresh produce.

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Saving Main Street: How A Business School Is Helping Toronto SMB Retailers

PYMNTS

A partnership was born, and the students could then help retailers get onto the Shopify program and generate precious revenue. Next, Carder developed a plan to unleash the students, who have digital marketing and product management skills, to the retail community along with partnerships in their belts from Google, Facebook and Shopify.

Maine 142
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Future Tech Comes To eCommerce

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Future tech is no longer the province of high-end retailers. Innovations in 3D and augmented reality (AR) eCommerce are leveling the playing field and bringing conversion-centered visual technology to any online retailer. The main expansion of 3D is being seen in its dual usage for consumers and retailers. interactions.

Retail 259
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Smart Watches, Run Hubs And New Balance’s Retail Reset Button

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Boston-based athletic company New Balance has a simple mission: to become the world’s best running brand. Said simply, New Balance is rethinking athletic footwear retail — how to sells shoes, where to sell shoes and how to carry on its relationship with its customers across channels — and in between sneaker replacements.

Retail 100
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Pride Vendors Look To Triple Sales With mPOS

PYMNTS

While some markets may be seeing relatively slower adoption of mobile point-of-sale (mPOS) than others, there’s no denying that the overall popularity of mobile and contactless payments are growing fast among consumers. The company recently launched a new reader that’s compatible with mobile wallets, such as Google Pay and Apple Pay.

San Diego 130