Walmart in talks to acquire Vizio for more than $2bn. Lidl GB to adopt electronic shelf labels across all stores. And Tesco Express store opens on Isle of Man following Shoprite acquisition.
The fines relate to insufficient consumer information on nicotine content and health risks associated with the Glo Hyper X2 and Glo Hyper Air products.
While AI has been used by retailers for some time for tasks such as inventory management and forecasting, GlobalData expects its implementation to accelerate in the coming years, especially in areas such as personalized marketing, customer service, price optimization and supply chain management.
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