With physical storefronts still accounting for 87% of all retail sales in the U.S. and retailers focused on brick-and-mortar innovation in their fight for efficiency, AI is predicted to have a disproportionately large influence on the retail industry in 2023.
With physical storefronts still accounting for 87% of all retail sales in the U.S. and retailers focused on brick-and-mortar innovation in their fight for efficiency, AI is predicted to have a disproportionately large influence on the retail industry in 2023.
The global food and grocery retail industry is expected to surpass $17T by 2027, expanding at an annual rate of 5%. During this time, digitisation is set to transform the entire food value chain from farm to fork. Our weekly newsletter covers innovations and disruptions in food and grocery industry.
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