RIC MUST READ
Retail Innovation Center
Helping retailers navigate transformation through innovation
President Biden announced sweeping executive actions on Monday to try to establish oversight of the rapidly evolving artificial intelligence sector, setting new standards for safety tests for AI products – as well as a system for federal tests of major systems.
Source: NPR
To read the Executive Order, click here.
To read the press release, click here.
Trending News
The world’s largest pizza retailer and the tech giant will collaboratively leverage the Microsoft Cloud and Azure OpenAI service in an effort to enhance the ordering process via personalization and simplification, as well as streamline manual store workflows.
Source: Chain Store Age
Australian retailers are ramping up their tech security initiatives, including placing cameras at self-checkouts and body-worn cameras on staff, to combat a surge in stock theft and customer aggression aggravated by the cost of living crisis.
Source: Reuters
For eligible customers in the area, Amazon’s drone delivery service can now bring prescription medication to their doors within an hour of placing their order at no additional cost.
Source: Grocery Dive
As the gap widens between grocery and restaurant prices, food retailers see an opportunity to turn up the heat on their made-to-order meals to lure cost-conscious consumers.
Source: Grocery Dive
The app enables iOS users to have up to four participants on their live shows, pin products, interact with viewers and sell products. Users can connect to their Shopify accounts and broadcast the stream Facebook Live, according to the announcement.
Source: Retail Dive
领英推荐
Robots are slowing taking over fry cook duties across the Midwest. Fast-food chain White Castle has been outsourcing some of its jobs to robots. The hamburger chain has been implementing Miso Robotics' "Flippy 2" across the country.
Source: Yahoo News
Retailer Spotlight
The retailer said it has revamped the stores with better layouts, wider product selections and various technological improvements as part of its “Signature Experience” initiative, which aims to enhance the shopping experience for customers. .
Source: Retail Dive
Startup Shoutout
Entrupy is bringing its luxury authentication to social media, announcing its official partnership with TikTok as an official TikTok Shop authenticator in the U.S.
Source: WWD
ICYMI
Drake Related, is an immersive e-commerce site that sells Drake merchandise and related products. This summer, when Shopify created a native dropshipping tool called Collective, Drake Related was one of the first brands to test it out and use Collective to sell products from other brands on its website.
Source: Modern Retail
Thank You to Our Strategic Sponsor