Supermarkets of the future - How grocery stores will look like in a few years

COVID-19 is shaping ordinary stores into supermarkets of the future. They must accommodate all the new grocery shopping trends from panic-buying to delivery and pickup options. Stephen Hawking predicted that artificial intelligence will transform every aspect of our lives. Grocery shops are no exception. The global AI in retail market is expected to reach $24 billion by 2027, rising from $3 billion in 2020 and displaying a year-over-year growth rate of 29.7%. Physical stores are adopting AI to enhance the shopping experience and become more efficient. McKinsey & Company found that even during the pandemic 85% of the US grocery sales still occurred in physical stores. It appears that brick-and-mortar stores are part of the future of grocery shopping. Contrary to popular assumptions, physical stores will not be replaced by their online alternatives. But they will rely on AI to tackle the pandemic-induced challenges and become the supermarkets of the future. You can read the full article here: https://itrexgroup.com/blog/supermark... And if you are looking for AI-powered retail solutions for your business - feel free to learn about ITRex AI opportunities and successful case studies at: https://itrexgroup.com/services/ai-fo... #supermarketofthefuture #supermarketsofthefuture #futureofsupermarket #futuresupermarket #grocerystorefuture #futureofgroceryshopping #futureofshopping #shoppingtechnology #ai #artificialintelligence #airetail #retailtechnology #retailtrends