The retail industry in the United States is going through changes, driven by the increasing use and integration of intelligence (AI). As we progress further into the era, AI technologies are transforming how retailers engage with customers, handle operations and promote their products. From improving shopping experiences to streamlining supply chain management, AI is completely changing the retail landscape.
In 2024, the retail industry is expected to experience robust growth, with the global retail market size projected to increase from approximately $28.85 trillion in 2023 to $31.31 trillion, marking a compound annual growth rate (CAGR) of 8.5%. This upward trend is anticipated to continue, pushing the market size to around $42.76 trillion by 2028, with a steady CAGR of 8.1% fro
7 Companies Revolutionizing Retail in the USA
- By Anshika Mathews
- Published on
In 2024, the retail industry is expected to experience robust growth, with the global retail market size projected to increase from approximately $28.85 trillion in 2023 to $31.31 trillion, marking a compound annual growth rate (CAGR) of 8.5%.
