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Gen AI in retail – easing the burden of consumer decision-making

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The South African retail landscape faces a range of challenges, including high unemployment, severe inflation, shrinkflation and the lingering effects of COVID-19. These pressures have reshaped consumer expectations and added layers of complexity to their shopping decisions.

The many faces of inflation

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Inflation has been making a comeback. Not so long ago, it had seemed that we had vanquished (at least in the developed world) this sneaky foe of long-term wealth creators everywhere, thanks to tightly controlled central bank policies and the wonders of inflation targeting.

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