Retailers are prepared to increase their investment in tech tools, with a focus on artificial intelligence advancements.
Furner noted that retailers have seen 30 consecutive months of positive sales growth, and that growth for 2022 is expected to be about 7% when the final numbers are in, following 14% growth in 2021.
"smart shorts" and"smart bras" that can be used with a smartphone to measure someone for jeans or bras.Advancements in AI - artificial intelligence - for predicting trends, communicating with customers, or keeping shelves stocked - was a dominant theme of the tech vendors exhibiting at this year’s show.
Sony Semiconductor Solutions was demonstrating its AI sensing platform, AITROS, which can use visual AI tools to show retails when products are missing on shelves, provide merchandising information for brands, or staffing and operational information.
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