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  1. More generations, more pressure in beauty and cosmetics market: report
  2. Global superyacht industry turns into $62B economic force with influence beyond tourism: report
  3. Human-led hospitality – critical driver of workplace performance in every sector – being overlooked: report
  4. Personal luxury goods sector to grow ~2.5pc in 2026, down from anticipated 4-5pc: research
  5. Nearly two-thirds of Europeans trying to reduce consumption over financial concerns: report
  6. How to redefine retail stores as AI, convenience and shifting spending power shape behavior: report
  7. 3 questions every luxury brand founder must answer before year two
  8. Why luxury brands are monetizing proximity — and risking symbolic dilution in the process
  9. AI reshaping jobs faster than firms reshaping work: report
  10. Gstaad tops list of most expensive holiday property markets in Europe’s Alpine region
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Retail

NRF, largest US sector lobby, crafts 4 principles for use of AI in retail

November 13, 2023

Artificial intelligence, including generative AI, will displace jobs across all levels while also opening up new opportunities. Image credit: Shutterstock Artificial intelligence, including generative AI, has tremendous practical applications in retail. Image credit: Shutterstock

 

By Staff reports

The National Retail Federation released its Principles for the Use of Artificial Intelligence in the Retail Sector to support the industry’s artificial intelligence (AI) governance and strategic planning.

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NEW INTELLIGENCE

MOST READ
  1. More generations, more pressure in beauty and cosmetics market: report
  2. Global superyacht industry turns into $62B economic force with influence beyond tourism: report
  3. Human-led hospitality – critical driver of workplace performance in every sector – being overlooked: report
  4. Personal luxury goods sector to grow ~2.5pc in 2026, down from anticipated 4-5pc: research
  5. Nearly two-thirds of Europeans trying to reduce consumption over financial concerns: report
  6. How to redefine retail stores as AI, convenience and shifting spending power shape behavior: report
  7. 3 questions every luxury brand founder must answer before year two
  8. Why luxury brands are monetizing proximity — and risking symbolic dilution in the process
  9. AI reshaping jobs faster than firms reshaping work: report
  10. Gstaad tops list of most expensive holiday property markets in Europe’s Alpine region


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