Retail

All things Retail related

AI in retail

AI in retail

Implementing artificial intelligence (AI) in retail is a way to enhance customer experiences, improve stock management, and get a better understanding of future demands. In today’s hectic world, it is no longer acceptable to generalise or even categorise retail customers. Instead, we need to understand each individual customer, their buying habits, and their reasons why …

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Don’t Panic! No, the forecourt is not going anywhere soon…

…but it doesn’t mean that change isn’t coming… On the 11th June, the BBC posted an article essentially announcing the imminent death of the forecourt.  Their justification, to summarise rather bluntly, is the incoming UK legislation around the ban on the sale of new fossil fuelled cars by 2030, with the exception of plug-in Hybrids …

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Fuel retail in the age of new mobility – McKinsey

“With the industry at a crossroads, operators need to move quickly to rethink strategy, build new capabilities, and transform their businesses.” An article by Álvaro Bau, Arjun Chopra, Mladen Fruk, Lazar Krstić, Klaas Mantel, and Florian Nägele, representing views from McKinsey’s Oil & Gas Practice. This is a fantastic article by McKinsey and definitely worth …

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