Retail news: Analysis of economic indicators and ChatGPT’s role in AI

For some reason, it was a relatively slow week in retail news. I added a lot of big research reports to the pile to read, but otherwise, there wasn’t a lot of economic news, research trends, or even big retail winners or losers.

However, even for the few pieces of information that came out last week, you have to read it with some nuance – it’s very easy to take the same piece of news and spin it in two completely different directions, as you’ll see in the retail economic indicators.

And, just because retail didn’t have a lot of news, doesn’t mean no one had anything to say. I am firmly in the camp that ChatGPT is not Artificial General Intelligence (AGI), nor is it a significant step in that direction. So yes, you’ll have to account for my biases when I highlight research or commentary that I find interesting, and that’s especially true this week.

itim Group plc (LON:ITIM) is a SaaS-based technology company that enables store-based retailers to optimise their businesses to improve financial performance and effectively compete with online competitors. Itim adds retail value by helping multi-channel retailers optimise their business and their stores to improve financial performance and compete more effectively with the “Amazons”.

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