Artificial Intelligence

The annual NRF Convention & EXPO has a strong history, and while the show’s early concept has evolved over the last century, its message remains the same: to bring together industry decision makers who want to find ways to drive their business.

Some attendees often question why NRF is held in New York City during January, when the weather can be downright brutal. But the reason is easy.

San Mateo, Calif. -- DemandTec, the collaborative optimization network for retailers and consumer products companies, announced that it has acquired substantially all of the assets of Applied Intelligence Solutions, LLC (AIS), a developer of intelligent software solutions for the retail enterprise with a specific focus on softline retailers.

SAN JOSE, Calif. - Ebay has announced the availability of Giftsnearby the first integration of its newly-acquired Milo shopping engine. 

According to the company, Giftsnearby shows shoppers a selection of popular holiday gift options ranging from electronics and other gadgets to home appliances and toys that are available at local retailers in or near their zip code. Only items that are in stock at a selection of more than 25 trusted retailers are offered as gift options.

NEW YORK - A seminar on collaborative merchandising initiatives at the upcoming National Retail Federation convention should draw considerable interest due to the involvement of Target and ConAgra Foods. The seminar is sponsored by DemandTec, a company whose suite of merchandising solutions have been used by both companies since 2007. The session will be facilitated by DemandTec’s SVP consumer products Rob Culin.

Despite the uncertain economic environment, retailers are continuing to invest in green measures, according to a new report by RSR Research. What’s more, the number of retailers who believe that environmentally responsible initiatives are born out of good business sense is on the rise, up to 61% in 2010 from 49% the previous year.