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NRF 2024 Insights: Retail's Digital Inflection Point

Rising Stars Podcast

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Technologies and Strategies in Retail and Hospitality

The chapter delves into the use of technologies like cameras, RFID, and AI in retail for inventory management and loss prevention, emphasizing the need to address specific business challenges before choosing the appropriate technology solutions. It discusses the challenges and advantages of AI in retail, AI's limitations in decision-making, and the importance of not solely relying on AI without human input. Additionally, the chapter highlights the significance of labeling solutions in the retail and hospitality industries, focusing on streamlining operations, cost savings, and customer satisfaction through innovative labeling technologies.

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