Tag #Retail Technology

cnbc.com
🌐 85% Global Worthiness
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Generative AI Drives 1300% Surge in Online Shopping Clicks

AI-powered chatbot clicks on retail sites increased by 1300% year-over-year during the 2023 holiday season, driven by consumer demand for faster and more efficient online shopping experiences, and highlighting the competitive advantages of companies such as Amazon.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Australia Adopts AI-Powered Cashless Payment System

A new AI-powered cashless payment system, launched by Mastercard at the Australian Open, lets shoppers buy items at pop-up stores and walk out without checkout, using cameras to track purchases; retailers are expected to adopt this technology widely, though a 2026 mandate requiring cash acceptance m...

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Creator-Driven Commerce Drives 20.3% of US Retail Revenue on Cyber Monday 2024

Creator-driven commerce generated 20.3% of U.S. retail revenue on Cyber Monday 2024, a 7% year-over-year increase, driven by the six times higher conversion rate of social posts with affiliate links compared to other content, reshaping how people shop.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Mobile Shopping to Dominate US Holiday Spending

US holiday mobile shopping is projected to hit a record \$128.1 billion this year, a 12.8% increase, driven by Gen Z consumers and retailers' mobile app improvements; 53% of online spending is expected to be mobile.

Progress

44% Bias Score

forbes.com
🌐 85% Global Worthiness
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VIP Awards Foster Collaboration in Crowded Retail Tech Market

The VIP Awards, founded by Vicki Cantrell, celebrate excellence in retail technology, fostering relationships between vendors and retailers to navigate the complexities of a market with over 14,000 technology solutions, ultimately improving operational efficiency and customer experience.

Progress

48% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 65% Global Worthiness
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Slowdown in Spanish Retail Sales Growth in November Despite Strong Third Quarter

Spanish year-on-year retail sales increased by only 1% in November, down from October's 3.4% and below analyst predictions, primarily due to decreased food and non-food spending; however, the third quarter showed a 4.5% rise in consumer goods spending.

Progress

20% Bias Score

Reduced Inequality
liberation.fr
🌐 65% Global Worthiness
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"AI Age Verification Devices Tested in Île-de-France Tobacconists"

"Starting December 12, Île-de-France tobacconists are testing a 590-euro AI age verification device to prevent underage tobacco sales; it uses facial analysis to signal whether a customer is an adult (green light) or a minor (red light), prompting ID checks. The test, involving 15 tobacconists, will...

Progress

48% Bias Score

Good Health and Well-being