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Retail

Study: European retail grapples with AI implementation

Artificial intelligence (AI) is regarded as a key future technology in European retail. However, a recent study by London-based market research firm Retail Economics and Swedish technology provider Voyado reveals a significant gap between strategic ambition and practical implementation within the sector. The report, “The State of AI in European...

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Retail

Study: The US found to be the best country for thrift shopping

When Macklemore released his song ‘Thrift Shop’ in 2012, glamorizing second-hand shopping and the valuable pieces one can find if they are dedicated enough to the art of thrifting, it’s unlikely that he foresaw the massive uptick in pre-loved fashion shopping. No longer viewed as a shopping option for people with low incomes, over the last...

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