Retailistic

The $1.6 Trillion Grocery Industry’s Tech Revolution—What’s Next?


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Takeaways

  • AI, machine learning and automation are reshaping grocery shopping.
  • Demand forecasting is critical for managing perishable goods.
  • Smart shopping carts enhance the shopping experience and data collection.
  • Personalization through AI drives customer satisfaction and loyalty.
  • Electronic shelf labels (ESLs) reduce pricing errors and paper waste.
  • The grocery industry is moving toward a connected ecosystem.
  • Retailers must adapt to technological advancements to remain competitive.
  • Consumer expectations are shifting towards seamless shopping experiences.
  • Investments in technology must demonstrate clear value to grocers.
  • The future of grocery shopping will prioritize customer experience and innovation.

 

Chapters

00:00 This Week in Research: New Data and Reports

02:32 The Role of AI and Automation in Grocery Shopping

05:49 Demand Forecasting and Inventory Management

07:05 Smart Shopping Carts: Revolutionizing the Shopping Experience

14:15 Personalization and ESLs

17:05 The Future of Grocery Shopping and Retail Adaptation

 

Dive into our comprehensive research report on this topic: AI Underpins the Tech-Driven Shift in US Grocery, from Smarter Forecasting to Faster Checkout

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RetailisticBy Deborah Weinswig

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