The introduction of generative AI brought the focus of businesses across the spectrum to the potential of artificial intelligence, but now is the time for the application as companies work to make the technology work for them. Among retailers, Amazon has been...
The new report Placer.ai Mall Index — May 2022 Update indicates that visits to all types of shopping malls, indoor, open-air lifestyle centers, and outlet malls, decreased between April and May, compared to the same months in 2019, but on a month-over-month basis,...
As the retail world tries to settle down into a post-pandemic world, not that COVID-19 is cooperating with the newest Omicron variant prompting reconsideration of masking rules in some places, a number of retailers saw major gains in first quarter foot traffic,...
“The business model is changing: I think that’s the headline,” Doug McMillion, Walmart CEO, said during the company’s fourth-quarter conference call. Walmart is shifting its resources to create and expand new revenue streams while making itself more competitive in a...
According to Placer.ai’s Superstores Quarterly Index for Fourth Quarter 2021 consumer visits to superstores were up 6.8% in the period year over year, up 10.9% compared to the 2020 quarter, and up 5.7% compared to the 2019 period. The COVID-19 pandemic may even have...
