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Physical experience, digital convenience: The future of retail

CIO

The future of retail is “phygital,” as every retail and ecommerce publication on the internet is screaming right now. If you’ve never heard the term before, it’s a portmanteau of “physical” and “digital” – and represents the merging of the two forms of retail and shopping. How do they do that? How do they do that? Can AI help?

Retail 236
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Amazon drops ‘just walk out’ technology at its US retail locations

CIO

Amazon’s US-based Amazon Fresh stores will no longer offer customers the option to “just walk out,” and will move to a system of scanners attached to carts instead of the more advanced computer vision system that obviated the checkout process altogether. The biggest challenge is just the novelty of it,” he said.

Retail 130
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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. Nvidia isn’t packaging these workflows as off-the-shelf applications, however. The workflows are built on Nvidia’s existing AI technology platform.

Retail 189
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Darktrace threat finds: Abusing off-the-shelf tools to deploy ransomware

Darktrace

The increased use of off-the-shelf tools is lowering the barrier to entry for cyber-criminals. This blog explores an incident in which a low-skilled threat actor was able to successfully deploy ransomware in a retail organization by connecting to the domain controller.

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Ellen DeGeneres, Portia de Rossi, Shaun White, Shawn Mendes get behind Shelf Engine

TechCrunch

Shelf Engine ’s mission to eliminate food waste in grocery retailers now has some additional celebrity backers. The company has already helped retailers divert 1 million pounds of food waste from landfills, Stefan Kalb, co-founder and CEO of Shelf Engine, told TechCrunch. This includes a $12 million Series A from 2020.

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How to evolve your DTC startup’s data strategy and identify critical metrics

TechCrunch

If you’re the founder of an e-commerce startup, there’s a pretty good chance you’re using a platform like Shopify, BigCommerce or WooCommerce, and one of the dozens of analytics extensions like RetentionX, Sensai metrics or ProfitWell that provide off-the-shelf reporting. Don’t rely on them after you’ve outgrown them.

Metrics 245
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A Comprehensive Guide to Building Custom Retail Software

KitelyTech

The retail industry relies heavily on software for sales, both in selling products and processing sales. For a company to really stand out, it needs to have custom-built retail software that not only works well for selling to customers online, but can also be used to facilitate states in stores efficiently.

Retail 52