Personal shoppers are no longer reserved for the luxury consumer thanks to artificial intelligence. What was once the realm of exclusivity is now entering the everyday shopping experience — with AI assistants poised to transform industries and create new opportunities for businesses and consumers alike. AI can manage your schedule, make appointments, write emails and…
Manfred Abraham
In November and December, U.S. retail industry sales rose 3.8 percent compared to the year before. Economists seemed surprised by retail results defying expectations throughout much of 2023. Unfortunately, 2024 didn’t start quite as well. Since then, retail sales have shrunk by 0.8 percent (worse than market forecasts of a 0.1 percent decline). U.S. retail…