Episodes
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Takeaways
AI has the potential to revolutionize the healthcare industry by driving innovation and improving patient outcomes.Data plays a crucial role in retail decision-making, from optimizing in-store displays to measuring the impact of online advertising on offline sales.Sustainability is a growing concern in retail, and AI can be used to make processes more efficient and cost-effective while reducing environmental impact.Engaging employees in the AI implementation process is essential for success, and companies need to find ways to provide useful information without overwhelming their staff.The future of AI in retail holds exciting possibilities, including personalized customer experiences, improved supply chain management, and the integration of AI with demographic shifts. -
Takeaways
The Next Gen Commerce conference will explore topics such as sustainability, AI, personalization, and omni-channel experiences.The event will feature a diverse range of speakers and tech companies from various industries and countries.AI adoption requires staying informed, being open-minded, and understanding the potential impact on different sectors.The conference will address the challenges and opportunities of AI adoption in industries like healthcare and retail.Ethical and legal implications of AI will also be discussed.The conference will take place at the former Lord and Taylor building in New York City, now occupied by Amazon AWS.Sound Bites
"Enhanced sustainability as an outcome of AI and next-gen technology.""Industries where AI and next-gen technology are mission critical.""Personalization and the rise of conversational commerce." -
Episodes manquant?
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Tangible use cases are important for AI implementationBrands and retailers are hesitant to start implementing AICompanies like Shein and Tmall succeed despite slower delivery timesOpinions on the hype around retail media varyRetail industry lags behind other sectors in AI adoptionRegulation and geography impact retailers
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Recent developments in the AI sector, particularly in generative AI, have significant implications for retailers and the retail industry as a whole.AI technology presents both challenges and opportunities for retailers, including the need for careful planning, risk management, and consideration of ethical and legal implications.The impact of AI on human creativity and connection is a topic of interest, with discussions on the limitations of AI and the unique value of human input.The evolving landscape of AI technology and its applications in retail, including voice interfaces, data analysis, and customer engagement, is driving innovation and transformation in the industry.
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Episode Rundown
00:00 Introduction and Overview of Shoptalk Europe
03:14 Key Themes: Retail Media, AI, and E-commerce
11:04 The Challenges and Opportunities of Retail Media
13:50 Exploring AI and its Impact on Retail
21:48 Tips and Tricks for Making the Most of Shoptalk Europe
Key Takeaways:
Shoptalk Europe is a must-attend event for retailers and brands interested in digital transformation and retail innovation in Europe.The event offers a wide range of learning opportunities, networking, and showcases of new technologies and innovations.Key themes at this year's event include retail media, AI, and the challenges and opportunities of e-commerce.Attendees can benefit from practical examples and case studies to help navigate these topics.Tips for attendees include planning their schedule in advance, taking advantage of the hosted meetings program, and making the most of the content sessions and networking opportunities. -
00:00 AI Efficiencies: Improving Processes Across Industries
07:49 Enhancing the Customer Experience with AI
08:18 Sensorial Experiences and Immersive Brand Immersion
26:30 China: A Playground for Innovation
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Takeaways
Luxury brands in Europe are engaging in roll-ups and acquiring other companies, with a focus on sustainability and investing in real estate.European retail has deep historical roots, with open-air markets serving as social and cultural hubs.Malls in Europe continue to be community hubs, offering a sense of community and lower return rates for items bought in-store.European retail emphasizes accessibility to luxury and offers diverse shopping experiences to cater to a wide range of consumers.Localization and regional variations are important in European retail, reflecting cultural nuances and creating a sense of stepping back in time.Sustainability and repurposing of space are key trends in European retail, with a focus on eliminating packaging waste and creating multipurpose environments.Personalized shopping experiences and emotional connections with consumers are important in European retail, with a focus on one-on-one relationships and aligning with personal values. -
Takeaways
Provenance and authenticity are crucial in the art world, and AI can help track and trace genuine art.AI is changing the landscape of search and impacting product recommendations.AI has the potential to revolutionize the shopping experience, from personalized styling to virtual closets.Pricing optimization, retail media, and demand forecasting are key areas where AI can drive value for retailers.Sound Bites
"Who would think that we would have someone from the art world who would really kind of disrupt all our thinking?""To have that kind of machine learning behind it is fascinating.""Search is dead, it's kind of a fascinating topic." -
On this weeks episode of Retaili$tic, join host Deborah Weinswig and Renee Hartmann as they explore the complexities of retail evolution with GenAI, delving into challenges and opportunities across supply chain sustainability, consumer behavior, and the transformative power of AI-driven retail media.
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On this weeks episode of Retaili$tic, join hosts Deborah Weinswig and Renee Hartman as they recap the Coresight Research Paris AI Council Summit. Explore cutting-edge AI strategies, sustainability initiatives, and personalized retail experiences in this enlightening recap of industry innovation.
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On this week's episode of Retaili$tic, join us as we uncover the entrepreneurial journey behind Perkies, the revolutionary sticky bra. Rosie Mangerrotti shares her story, from college inspiration to product launch, revealing the innovation and dedication that shaped the brand. Discover the adhesive revolution in intimate apparel that's changing the game.
Don’t forget to RSVP for the AI Council Summit on April 15th in Paris, France, ahead of the World Retail Congress, for more insights on retail innovation. RSVP here: https://coresight.com/events/pre-wrc-ai-council-summit/ -
Join us on this week’s episode of The Retaili$tic Podcast as we explore the future of retail operations with special guest Brad Bogolea, CEO and Co-Founder of Simbe. Discover how innovative solutions, such as Simbe’s Tally robot, are revolutionizing store intelligence. From reducing out-of-stocks to optimizing workforce management, the solutions discussed in this week’s episode are poised to transform the retail industry. Tune in for additional insights and inspiration!
For more in-depth insights, head to coresight.com to download our recent report, “The State of In-Store Retailing: Opportunities To Redefine Operations,” produced in partnership with Simbe. And be sure not to miss our upcoming webinar with Simbe, taking place on April 9, 2024! -
This week on Retaili$tic, join Adeline Devers and special guest John Harmon as they dissect the groundbreaking ideas and key themes unveiled at Shoptalk 2024 on days three and four. From transformative trends to innovative strategies, get an insider's perspective on the future of retail in this insightful recap. Don't miss out on the retail revolution!
As an official research partner of Shoptalk 2024, head to coresight.com to check out our free coverage of the event.
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On this weeks episode of Retailistic, we dive into cutting-edge insights from day one and two of Shoptalk 2024. From AI's role in personalizing customer experiences to revamped loyalty programs, explore strategies shaping the future of retail. Join us as we unravel key takeaways and trends from industry leaders.
Read our full, free coverage of Shoptalk 2024 here: https://coresight.com/research/shoptalk-2024-day-two/ -
On this week's episode of Retaili$tic, dive deep into the dynamic realm of generative AI with host Adeline Devers and guest Philip Moore. Unpack recent industry headlines, from Google Gemini's release to Elon Musk's OpenAI lawsuit. Explore future horizons, including the potential for mind-controlled interfaces.
Stay informed and engaged in this rapidly evolving field. Visit coresight.com for in-depth coverage on generative AI. -
Dive into the latest tech trends with Retaili$tic! In this episode, host Adeline Devers and Senior Retail/Technology Analyst John Harmon explore groundbreaking AI developments, from GenAI applications to Salesforce Einstein Copilot. Discover the impact of Google Gemini and OpenAI Sora, fierce AI chip competition, and the revamped MacBook Air with Apple's M3 chip. Subscribe now for a tech-filled journey!
Head to coresight.com to access more expert insight on critical topics in retail and related markets. -
On this week’s episode of Retaili$tic, join Adeline Devers and Philip Moore as they examine the competitive realm of fast fashion and dissect the trajectories of industry leaders Shein and Temu. From market strategies to consumer trends, join us on a journey exploring these companies’ global impact and disruptive innovations, as well as their effect on the future of the fast-fashion landscape.
For more in-depth research on the topic, head to coresight.com and dive into our recent report, "Industry Insights: Decoding Shein and Temu," found here: https://coresight.com/research/industry-insights-decoding-shein-and-temu/ -
On this week's episode of Retaili$tic, join us for an exclusive preview of Shoptalk 2024 with expert insights from Philip Moore. Explore key themes such as AI, brand trust, seamless journeys, unified experiences, and industry innovation. Get a sneak peek into retail's future, covering media networks to data monetization. Discover groundbreaking startups at the Shark Reef Pitch. Tune in for the ultimate retail insights and visit coresight.com to read the full Shoptalk 2024 Preview Report!
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Join host Adeline Devers and special guest Philip Moore on Retaili$tic as they unravel the intricacies of Valentine's Day spending. From trends to insights, explore the evolving landscape of love and economics. Gain valuable perspectives on how relationships impact spending habits, offering a unique blend of romance and retail insights. Tune in for an enlightening discussion and visit coresight.com to read the US Consumer Survey Insights Extra report discussed in this week's episode.
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This week on Retaili$tic, embark on a journey into the future of pharmacy retail! Join your host, Deborah Weinswig, as she delves into the transformative trends, cutting-edge technologies and innovative strategies shaping the landscape. Listeners will uncover the secrets of the evolving drugstore experience, placing them at the forefront of the integration of health and retail.
Check out a preview of our upcoming Market Navigator report on US drugstore and pharmacy retailers, here: https://coresight.com/research/research-preview-market-navigator-us-drugstore-and-pharmacy-retailers/ - Montre plus