The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega has to have a pretty good sense of how many people will ...

Mattress Firm has selected Invent.ai to provide AI-driven inventory solutions for demand forecasting, store and DC replenishment and merchandise financial planning (MFP). The move is designed to ...

There's a widening performance gap between retailers that embrace AI technology and those that continue to rely on more traditional, manually intensive strategies. The types of technologies driving ...

In this special guest feature, Aaron Hoffer, Lead Data Scientist for Alloy, discusses common problems he has seen in forecasting processes, and the importance of focusing on “true demand.” In his ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Weather significantly impacts retail, yet many underutilize ...

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Logile, Inc., a leading provider of AI-driven workforce and store operations solutions, and FrontlineXP, a UK-based consultancy focused on frontline workforce transformation, today announced a new ...

BENTONVILLE, Ark.--(BUSINESS WIRE)--Crisp, a leading provider of retail data solutions, has acquired Shelf Engine, the AI pioneer in demand forecasting and automated ordering. Crisp will integrate ...

Back in March 2024, NPR’s Planet Money featured a fascinating episode called “Is Dynamic Pricing Coming to a Supermarket Near You?” It highlighted REMA 1000, a Norwegian grocery chain that’s doing ...