VOL. 18, NO. 4 / FALL 2023 / URNER BARRY'S REPORTER • 13
AI in supermarkets is expected to grow by 400% before the end of next year,
potentially eliminating 18% of store associate positions and 73% of store tasks
Source: FMI / Grocery Doppio
Illustrations: ©Net Vector / Shutterstock.com
Data compiled by Amanda Buckle | abuckle@urnerbarry.com
AI SNAPSHOT
Voice-enabled AI can drive
sales by as much as 15%
through suggestive selling
Source: TD Cowen
AI can save grocers
$13.8 billion
in store operation costs and
$2.1 billion
in customer service
Source: FMI / Grocery Doppio
How much food
retailers spent on
average on technology
investments in 2022
Source: FMI
$13 BILLION
Estimate amount that
the global AI market
will grow to by 2030
Source: Precedence Research
$1.59 TRILLION
The estimated amount
of food waste that could
be prevented if the entire
grocery sector were to
implement AI solutions
Source: Pacific Coast Food
Waste Commitment
907,372 TONS