The integration of AI and ML into inventory management systems is revolutionizing how wholesale and retail businesses can handle their stock.
Many European and Asian brands are now looking to the U.S. as a market for expansion, as it is one of the biggest in buying goods.
Ever since the invention of retail stores, items being returned has been the biggest strain on profits for retail owners.
Inditex, the owner of Zara, as well as Burshka and Massimo Dutti, have seen an increase in sales and profits this year.