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A new Walmart in-store AI is giving employees advice on how to sell products before it's too late - TL;DR CNBC

A new Walmart in-store AI is giving employees advice on how to sell products before it's too late

Publishing timestamp: 2024-04-30 09:02:38


Summary

Walmart is piloting new in-store artificial intelligence to advise associates on reducing food and fashion waste. The AI technology will help employees make data-driven decisions on when to mark down items or donate them, ultimately reducing waste in stores. Other retailers are also using AI to tackle in-store waste, as consumers expect more sustainable practices from companies.


Sentiment: MIXED

Tickers: WMT, 

Keywords: walmart inc,  business,  business news,  breaking news: business,  climate,  technology,  retail industry,  grocery shopping,  generative ai,  sustainable development,  sustainable fashion,  grocery store operators,  artificial intelligence,  environment, 

Source: https://www.cnbc.com/2024/04/30/a-new-walmart-in-store-ai-is-giving-employees-advice-on-how-to-sell.html


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