Starbucks Has AI Egg On Its Face, Google Reinvents Search & Ross Stores Breaks Records | Fast Five
In this week’s Omni Talk Retail Fast Five sponsored by the A&M Consumer and Retail Group, Mirakl, Ocampo Capital, Quorso and Veloq, Chris Walton and special guest Laura Kennedy, retail strategist formerly of CB Insights and Kantar, discussed:
• Starbucks shutting down its AI-powered inventory counting tool after widespread accuracy issues and what the failure reveals about the challenges of deploying AI inside real-world retail operations (Source)
• Radar reaching unicorn status after raising $170 million and why RFID-powered inventory intelligence may finally be crossing the retail adoption…
The skinny
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