Why Setting Goals Is Important

Why Setting Goals Is Important

For many of us, the dawn of a new year is a time for taking stock of who we are and where we are in life, and for setting goals for the next 12 months.

To wit: Almost 50% of those surveyed by Statista started 2022 with a pledge to exercise more. Other top goals that made the list — and tend to show up every year — are eating healthier (44%), losing weight (41%), spending more time with family and friends (34%), and living more economically (24%).

However, studies also show that less than 10% of people who set goals for the new year, often called New Year’s resolutions, actually keep them. If setting goals is important — and academic research, such as this groundbreaking study by renowned American psychologist Edwin

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Inventory management, frictionless checkout, computer vision

Grocery store technology hasn’t changed much in decades, so when the pandemic hit, it served as a wake-up call to the industry, highlighting its drawbacks, especially concerning e-commerce. Grocery stores that don’t adapt will most likely lose out on market share.

The good news for the grocery industry is that technology advancements in recent years, particularly in the area of ​​computer vision, are giving startups a shot at providing grocery stores with e-commerce-like features in a brick-and-mortar setting.

And venture capital is here for it. Investors say computer vision, along with frictionless checkout and inventory management tools, are revolutionizing the grocery industry and will eventually impact the larger future of retail.

Bagging capital and expanding footprints

Grocery tech is attracting VC activity for a few reasons: For one, grocery retail is such a large market — a $1 trillion industry that is poised to grow 3% each year for the

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