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Retailers say agentic AI is the best way to boost customer sales

Collaboration 2.0

This survey explains how AI agents are transforming retail operations - and there are lessons for all business leaders.

Retail 199
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Retail: As peak season approaches, so does a perfect storm of supply chain challenges

OpenText Information Management

For retail, it underscored an urgent need to address the escalating threat of natural disasters to global trade. A perfect storm of disruptions as retail’s peak season approaches Unfortunately, with peak season on the horizon, retailers are also navigating another perfect storm of potential supply chain disruptions.

Retail 59
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Black Friday and Cyber Monday, crooks are already at work

Security Affairs

Other campaigns observed by the experts invited recipients to claim gift cards from popular retailers like Home Depot. In this case, the spam messages include links to fake online survey pages that have nothing to do with the retailer’s gift card.

Retail 363
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China-based Fangxiao group behind a long-running phishing campaign

Security Affairs

The sophisticated phishing campaign exploits the reputation of international brands and targets businesses in multiple industries, including retail, banking, travel, and energy. “The landing domain redirects users to a main survey domain.” The site can require up to three taps for a “win,” a high-value gift card.

Phishing 323
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FBI warns of crooks targeting online shoppers during the holiday season

Security Affairs

Online surveys designed to steal personal information. Be wary of online retailers who use a free email service instead of a company email address. Post on social media posts, apparently shared by a known friend, offering vouchers, gift cards, freebies, and contests. Only purchase items from official, encryption-using websites.

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Global Scamdemic: Scams Become Number One Online Crime

Security Affairs

In 2020, a multi-stage scam called Rabbit Hole targeted companies’ brands, primarily retail and online services. Users received a link from friends, via social media or in messengers with the request to take part in a competition, a promotional offer or a survey. On average, users visited 40,000 fraudulent websites every day.

Phishing 325
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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations.

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