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The retail technology industry is rapidly evolving, driven by the need for operational efficiency, enhanced customer experience, and data-driven decision-making. AI, robotics, and automation are transforming in-store operations, inventory accuracy, and supply chain visibility. Retailers are increasingly investing in solutions that provide real-time insights to combat out-of-stocks and improve profitability.
Total Assets Under Management (AUM)
Retail E-commerce Sales in United States
~US$1.12 trillion (2023)
(13.6% (2023) CAGR)
Growth is fueled by increasing online shopping adoption. It includes sales across various retail categories. The rise of omnichannel strategies contributes significantly.
US$30 billion
Generative AI can create hyper-personalized shopping experiences, automate content generation for marketing, and simulate store layouts for optimization, significantly enhancing customer engagement and operational planning.
Processing data closer to its source at the store level reduces latency, improves real-time decision-making for inventory and staffing, and enhances data security and privacy.
Blockchain can provide an immutable, transparent ledger for tracking products from manufacturer to shelf, improving traceability, reducing fraud, and enhancing consumer trust in product authenticity and ethical sourcing.
This proposed federal legislation aims to prevent dominant online platforms from engaging in self-preferencing and discriminatory practices against smaller businesses.
While primarily targeting online marketplaces, its principles could influence how retail tech solutions, especially those involving data sharing and platform integrations, operate to ensure fair competition.
Building on CCPA, CPRA grants consumers more rights over their personal data, including correction and opt-out rights for sharing, and establishes the California Privacy Protection Agency.
These laws require Zippedi and its retail clients to implement robust data governance and anonymization strategies, particularly for data collected on customer behavior and preferences, to ensure compliance and avoid hefty fines.
The FTC is increasing its scrutiny and enforcement actions against companies using AI systems that exhibit bias, particularly concerning consumer profiling and targeting.
Zippedi must ensure its AI algorithms for data analysis and task generation are fair, transparent, and do not lead to discriminatory outcomes, especially concerning customer service or labor allocation in stores.
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