PITTSBURGH (KDKA) – You may suppose it is too early to speak about vacation purchasing earlier than the leaves have even modified. However this 12 months is totally different, due to excessive inflation.

Toys value practically 3% extra in comparison with final 12 months. Garments are about 5% dearer. And home items are up greater than 10%.

That has customers searching for one of the best offers and retailers are desirous to compete for his or her {dollars}.

Neglect about Black Friday. Vacation buyers are already attempting to find one of the best offers.

Half of this 12 months’s gift-givers mentioned they plan to begin purchasing by the tip of October. That is why Goal rolled out its Deal Days occasion this week, slashing costs as much as 50%, simply days forward of Amazon’s highly-anticipated Prime Early Entry Sale.

“Retailers undoubtedly have an arms race to achieve buyers whereas a

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