Top Stories
All Sections
Finance
About
20 results for "retail"
Dick's Sporting Goods is deploying an AI advisor called Coach that answers training questions, recommends products, and tracks fitness progress — blurring the line between coaching and retail in a way previous chatbots haven't.
68% of consumers used AI-enabled shopping tools in the past three months. Amazon and Walmart are racing to control the AI interface — the decision layer — that mediates every purchase those consumers make.
68% of consumers used at least one AI shopping tool in the past 90 days — but retailers are still optimizing for search engines, not for the AI agents increasingly acting as consumer proxies.
Nearly half of online shoppers now use AI during purchase journeys, and ChatGPT's share of product research has jumped from 2% to 30% in two years. Amazon and Walmart are fighting to control the AI system that determines what consumers see, consider, and ultimately buy.
Amazon is licensing Alexa for Shopping technology to competing retailers via a new AWS product, with Kate Spade the first customer using an AI gift concierge built on Anthropic's Claude Haiku.
Google released an open standard for AI agents to browse and buy across retailer inventory — a structural bid to become the connective layer of agentic commerce.
Amperity research finds 97% of retailers deploy AI but only 11% have the data infrastructure to scale personalization—and 58% describe their customer data as fragmented or incomplete.
AI-referred shoppers convert 31% higher — but that stat comes from the retailers who got the data infrastructure right. Most are discovering agentic AI exposes fragmented identity data and governance gaps they can't hide.
OTB Group — parent to Diesel, Maison Margiela, and Marni — has launched AI-powered virtual try-on using Google Cloud, becoming one of the most prominent luxury fashion deployments of generative AI personalization.
Physical retail has crossed a threshold: AI is running inventory, guiding staff, and deterring theft at commercial scale — six deployments already generating returns.
Almost every retailer is building toward AI-powered agentic commerce. Only half of consumers are comfortable with autonomous purchasing agents. That gap is retail's defining challenge in 2026.
Generative AI is powering a new fraud: fake small business storefronts with AI-generated founder personas charging artisan premiums for factory goods.
Canadian Tire, Walmart, and other major retailers are restructuring product descriptions and metadata to be parsed by AI shopping agents — the traditional SEO playbook is becoming obsolete.
Adobe Digital Insights data shows AI-driven visits to U.S. retail sites surged 393% year-over-year in Q1 2026, with AI-referred shoppers converting 42% better — marking the emergence of agentic commerce at scale.
Retailers embracing agentic AI risk ceding direct customer access and first-party data ownership to the platforms hosting those agents — a structural threat most are not taking seriously enough.
Global retail AI reached $18.4 billion in 2026, with 90% of retailers increasing AI budgets. Inventory forecasting leads spend as AI-driven personalization lifts order values by up to 369%.
An AI decision layer controlled by Amazon, Walmart, and Google is increasingly determining what consumers buy before they step into a store—putting $1 trillion in annual commerce at stake.
A landmark ICSC and McKinsey report finds AI bifurcating physical retail into two survival models, with up to $1 trillion in US consumer spending projected to flow through agentic AI commerce by 2030.
A Retail Brew report documents what AI actually looks like in physical stores in 2026 — less about robots, more about workflow-embedded tools that multiply existing worker effectiveness.
Retail AI is moving from backend inventory systems onto the physical sales floor, with store associates using real-time AI tools to make personalized product recommendations during the sale.