Merchandise Allocation
Retailers That Use AI Enjoy Over 2x Sales Growth and Nearly 3x Profit Growth Compared to Competitors
A new study conducted by IHL Group reveals that retailers who have already embraced Artificial Intelligence (AI) and Machine Learning (ML)are experiencing remarkable success, with sales growth rates for 2023 over…
Retail Sales Leaders Growing IT Spend 3.8x Average Retailers
Those retailers with 2023 sales growth greater than 10% are planning to increase their IT spend in 2024 by 16.2% compared to average performing retailers at 3.6% spend growth, according…