Just Walk Out technology’s Post

Retail store layout is the broad term referring to the way retailers set up the products, fixtures, and other elements in their stores. Being purposeful when planning and arranging your store layout is important for drawing customers in, making the shopping experience enjoyable, and increasing profit. By utilizing your existing CCTV cameras in your stores, our Visual AI solution can help you to get the store layout that brings about the most traffic, gives customers the best experience, and maximizes the sales and revenue.  Wanna trial for your stores? Request a solution demo here https://lnkd.in/gfYEdXFn #store #layout #optimization #AI #data #whitepaper

This week's #fridayoutro asks, "is Abercrombie & Fitch Co. a tech company?" A legacy #brickandmortar brand that's #crushingit through #ai and #advancedtechnology– they closed 2023 +285% (higher even than NVIDIA!) and just keep climbing. Three observations on how they are #winning with #tech– does this mean I'm no longer too old to wear them again? 🏆 GenAI-based Product Design for newness that’s true to brand heritage: feeding historical images into the tech and using sophisticated prompts to iterate and refine 🏆 Digital-First Store Experience: Shifting from over-sized flagships toward smaller, high-tech stores that can "flip" the customer experience in real-time with their latest brand and social promotions 🏆 Rigorous Inventory Control: Predictive analytics was the holiday hero that mapped supply chain decisions to expected demand from Black Friday to New Years. More here from our friends at Quartz https://lnkd.in/eqFbKifX and Bloomberg https://lnkd.in/enr6eepp #topretailexpert

Many retailers, when designing their store layout, rely on either past experience, which is often stale, or intuition, which has little basis in reality. Powered by Visual AI, what we offer our clients is truthful facts, not fiction. Even better, we piece those facts together into a clear narrative for easy consumption. The end results? Our clients get the biggest impact by making the minimum efforts! #smartretail #newretail #AI #data

✨ Harnessing AI: Custom Object Detection for Pedestrian Analysis in Shopping Malls! 🛍️ The fusion of technology with retail is unveiling groundbreaking possibilities. Explore the potential of a custom-trained object detection model skilled in identifying pedestrian behaviors within shopping mall environments. It's more than just innovation; it's the future blueprint for retail. In the video below, I demonstrate a custom-trained object detection model that uniquely identifies pedestrian patterns across different areas of shopping malls. Notably, the model is showcased under two contrasting scenarios: one with minimal pedestrian presence and the other in a super busy setting. This highlights the model's robustness and versatility in detecting objects regardless of the number of pedestrians.   🔑 Potential Object Detection Applications in Brick-And-Mortar Retail: 📍 Strategic Mall Zoning: Gain insights from foot traffic to elevate the customer journey. 🛍️ Retail Store Layout: Tailor store layouts according to visitor movement and tendencies. 📊 Optimizing Planograms: Harness pedestrian data to optimize shelf allocation and product placements. 🔒 Enhanced Safety Measures: Oversee and regulate crowd concentrations to guarantee secure shopping conditions.   Envision a future where every step inside a mall or store is informed by a data-driven strategy designed to elevate the consumer experience. Let's immerse ourselves in the realm of smart retail! Watch the video, share your insights, and let's discuss how we can shape the future of shopping! 🌐 This project utilized the Ultralytics framework and was inspired by a post from Muhammad Rizwan Munawar. #Retail #ObjectDetection #ComputerVision https://lnkd.in/g4FwiRfX

if you are wondering how AI will impact your business read this great article from Sushant Warikoo about the 5 trends that will reshape retail. The retailers who’ll fare the best in the coming years will those who best understand that the traditional pillars of retail success—customer loyalty, satisfaction, and intimacy. Stick to your basics and keep the customer in the centre should be your mantra to leverage new technology. @cognizant brings the combination of #domain and #technology to help you navigate the change and be the leader. Gregor Bieler Gary Butters Deepika P. Anjali Deo Nicole Stueck Ingrid Zaissenberger Sanket Deshmukh

Bershka reshapes online shopping, partnering with AI platform 3DLOOK for a revolutionary virtual try-on service, eliminating sizing uncertainties and returns. This fashion-tech alliance prioritizes a user-centric experience, leveraging #AI fitting rooms to bridge the gap between screens and satisfaction, disrupting the norm in the ever-growing #digital landscape. Shoppers can now select an item and utilize the 'See how it fits me' widget powered by AI technology. They are then guided in real-time through a swift and effortless camera-based process with voice guidance. The strategic move reflects our belief in the transformative power of technology, heralding not only reduced return rates but a renaissance in personalized consumer interactions.

AI is everywhere! 😄 I asked AI what Notino stores will look like in the future (see photo) 😁⬇️ E-commerce is booming, and Notino is at the forefront, transforming traditional stores into interactive showrooms where customers can truly experience products. Leading this trend, Notino introduces advanced technologies like the #FragranceFinder 🌸 and #SkinAnalyzer, making in-store shopping a state-of-the-art experience and a true #TechLeader in the industry. In the coming years, Notino stores will become even more interactive and personalized. Using AI and #bigdata, these stores will instantly recognize customer preferences, offering customized experiences from the moment you walk in 🍒✨ This innovation is setting the standard for #FutureRetail. The future of Notino stores combines advanced technology with personalized care, ensuring a unique and inspiring #CustomerExperience for every customer. Notino currently has over 25 stores worldwide, and we are excited to announce the opening of a new branch in Varna! 🤗 👉🏻 [https://lnkd.in/enrt9sye]

Revolutionizing Online Shopping with Virtual Try-All! ️ Imagine visualizing any product seamlessly placed in your own space before you buy it! Amazon Science's Diffuse-to-Choose (DTC) model makes this a reality. DTC allows online shoppers to virtually insert any product into any personal setting realistically! This goes beyond clothing - think furniture, electronics, and more! ️ Here's why DTC is a game-changer for e-commerce: - Wide Product Range: Works with a vast variety of products, helping you visualize anything in your space. - Simple Integration: Just one 2D product image needed - ditch the studio shots! - Real-World Photos: Handles "in the wild" pictures, even if they're not perfectly lit. - Fast Results: Generates images in just 6 seconds on a single GPU. How DTC Works: 1. Mask the area in your photo where you want the product. 2. Upload a picture of the product. 3. DTC uses AI to seamlessly blend the product into your space, with realistic lighting and shadows. ✨ Behind the Scenes: DTC is a powerful inpainting model that utilizes cutting-edge techniques to preserve product details. Excited to see how virtual try-all can revolutionize online shopping! ️ Let's discuss! What do you think about virtual try-all? #DiffusionModel #AI #MachineLearning #VirtualTryOn #Amazon #OnlineShopping #Innovation

Is your retail space delivering its full potential? Maximize user experience and increase customers’ satisfaction with Algorithmi's AI technology. Stay ahead in the game and thrive in the competitive market. Learn more ➡ https://lnkd.in/gmqrFs87  #userexperience #tenantengagement #AItechnology #smartoffice #Algorithmi #competition #businessgrowth #thrivingbusiness #tenantretention #retail #retailspace

💡 Did you know that nearly 30% of consumers shop online due to the convenience of the quick checkout process? Even so, 87% of U.S. sales are derived from physical stores. The question is, is it possible for physical grab and go stores to mitigate the cons of in person shopping? Delve deep into the realm of autonomous grab and go stores and traditional retail to uncover the pros and cons of each approach. ➡️ https://hubs.li/Q02h1qVl0 #retail #AI #autonomousstore