2024 Retail AI Readiness Index
PRODUCT OVERVIEW
Which retailers are ranked highest in Retail AI Readiness to take advantage of this both old and emerging technology?
Who has their data in order, who has the scale and talent to fully take advantage of this transformational technology?
How do companies rank by $$$ impact and readiness?
This is what the IHL 2024 Retail AI Readiness Index is all about. We rank North American publicly traded retailers by their position and potential impact of AI/ML and Generative AI. We include impact by increased sales, improved gross margins, and improvements in sales and general administrative expenses. The retail labor shortage is not going away anytime soon. The retailers that can leverage automation, and AI specifically on operational issues will be the winners of the next decade.
Rankings available for the following: Top overall, FMCG (Fast Moving Consumer Goods), Apparel, Hard Goods, Health and Beauty, Restaurants, Ecommerce and total list. See below for the outline and About the Index tab for detail on how we went about the rankings.
Read IHL’s Overall Retail AI Forecast for Free
While the 2024 Retail AI Readiness Index is a look at North American public retailers, this research paper goes through a summary the entire market worldwide by segment and quantifies the financial impact by segment and tier that AI, Generative AI, and Artificial General Intelligence will have through 2029.
Detailed Worldwide Forecast of Impact through 2029.
This detailed forecast is for those companies that need to understand what the opportunity for AI impact is by solution area. So, if you want to know the impact AI will have on store systems, or pricing, this product is for you.
- Definition of Segments
- Overview of the Index
- Rankings
- Overall
- Top 7 Retailers Overall by AI Readiness
- Top 7 Retailers Overall by Financial Impact of AI 2022-2029
- Fast Moving Consumer Goods (FMCG)
- Top 7 Fast Moving Consumer Goods AI Readiness (Grocery, Mass Merchants, Warehouse Clubs)
- Top 7 Fast Moving Consumer Goods by Financial Impact of AI 2022-2029
- Apparel
- Top 7 Apparel Retailers by AI Readiness (Apparel, Shoes, Luggage)
- Top 7 Apparel Retailers by Financial Impact of AI 2022-2029
- Hard Goods
- Top 7 Hard Goods Retailers by AI Readiness (DIY, Electronics, Books, Furniture, Pets, Sporting Goods, etc.)
- Top 7 Hard Goods Retailers by Financial Impact of AI 2022-2029
- Health and Beauty
- Top 7 Health and Beauty Retailers by AI Readiness (Drug Stores, Cosmetics)
- Top 7 Health and Beauty Retailers by Financial Impact of AI 2022-2029
- Restaurants
- Top 7 Restaurant Chains by AI Readiness (Fast Food, Bar/Table Service)
- Top 7 Restaurant Chains by Financial Impact of AI 2022-2029
- Pure Play Ecommerce
- Top 7 Ecommerce Retailers by AI Readiness (All segments for online only or mostly online retailers)
- Top 7 Ecommerce Retailers by Financial Impact of AI 2022-2029
- All 215 Retailers in the Index
- List includes current revenues, AI Readiness score, total financial impact forecast 2022-2029
- Breakdown of impact by Sales Growth, Gross Margin Improvement, SG&A Improvement
- Join the waitlist and be the first to know when released
- Companies included with Retail AI Readiness scores and AI Impact 2022-2029 include the following:
- AMCON Distributing Company, ARAMARK, Aaron’s, Abercrombie & Fitch, Advance Auto Parts, Albertsons Companies, Allbirds, Amazon.com, American Eagle Outfitters, Ark Restaurants Corporation, Asbury Automotive Group, AutoZone, B & G Food Enterprises, BAB, Inc. [Big Apple Bagels], BJ’s Restaurants, BJ’s Wholesale Club, BMC Select, Barnes & Noble Education, Bath & Body Works, Beacon Roofing Supply, Best Buy, Big 5 Sporting Goods, Big Lots, Biglari Holdings, Blue Apron, Boot Barn, Boston Pizza International, Brilliant Earth, Brinker International, Build-A-Bear Workshop, Burlington Coat Factory, CDW Corp., CVS Health, Caleres, Camping World Holdings, Canada Goose, Canadian Tire Corp., Carrols Restaurant Group, Carter’s, Cheesecake Factory, Chewy.com, Chico’s FAS, Chipotle Mexican Grill, Chuy’s, Inc., Citi Trends, Columbia Sportswear Company, Conn’s Inc., Costco Wholesale Corporation, Cracker Barrel Old Country Store, Crocs, Inc., Darden Restaurants, Dave & Buster’s, Denny’s Corporation, Designer Brands, Destination XL Group, Dick’s Sporting Goods, Dillard’s, Dine Brands Global, Dollar General Corporation, Dollar Tree, Dollarama, Domino’s Pizza, Duluth Trading Company, Dutch Bros Coffee, Ebay, El Pollo Loco, Estee Lauder, Ethan Allen Interiors, Etsy, Express, Family Fare Supermarkets, Fastenal, Fat Brands, Ferguson Enterprises, Fiesta Restaurant Group, Finning, FirstCash, Five Below, Flanigan’s Enterprises, Floor And Decor Outlets Of America, Foot Locker, Fossil, Franklin Planner Corp, Gaiam Inc., GameStop-US, Gap, Inc., Genesco, Genuine Parts Company/NAPA, GoPro Inc, Good Times Restaurants, Grocery Outlet, Group 1 Automotive, Groupon Inc., Guess, Inc., Harley-Davidson, Havertys Furniture Companies, Hibbett Sports, Hugo Boss, Indigo Books & Music, Ingles Markets, Jack in the Box, Jo-Ann Stores, Kirkland’s, Kohl’s, Kura Sushi USA, LL Flooring, La-Z-Boy, Lands’ End, Leon’s Furniture, Limited, Lindt & Sprungli USA, Liquor Stores NA, Loblaw Companies Ltd., Lowe’s Home Improvement Cos., Lululemon Athletica, Lumen [CenturyLink], MTY Food Group, Macy’s, MarineMax, McDonald’s Corporation, Meritage Hospitality Group, Metro, Inc.-Canada, Miniso, Monro Muffler Brake, Movado Group, Muscle Maker Grill, Nathan’s Famous, National Pen, Natural Grocers, Nike, Noodles & Company, Nordstrom, O’Reilly Automotive, Odd Burger, Office Depot, Ollie’s Bargain Outlet, Option Care Health, Overstock.com, PANDORA A/S, PC Connection, Papa John’s International, Pfaltzgraff, Pier 1 Imports, Pittsburgh Paints-PPG, PriceSmart, Qurate Retail Group, Rakuten.com, Ralph Lauren, Rave Restaurant Group, Red Robin Gourmet Burgers, Reitmans(Canada), Rent The Runway, Restaurant Brands International, Restoration Hardware, Richelieu Hardware Ltd., Rite Aid Corporation, Rocky Mountain Chocolate Factory, Inc., Roots Canada, LTD, Ross Stores, Inc., Sally Beauty Holdings, Inc., Scholastic Inc., Shake Shack, Sherwin-Williams, Shoe Carnival, Inc., ShopHQ, Skechers U.S.A., Inc., Sleep Number Corporation, Sonos, SpartanNash Company, Sportsman’s Warehouse, Sprouts Farmers Market, LLC, Starbucks Coffee Co., Steve Madden, Stitch Fix, Sweetgreen, Systemax, T.J. Maxx, Tanger Outlets, Tapestry, Inc., Target Corporation, Texas Roadhouse, The Buckle, The Cato Corporation, The Children’s Place, The Home Depot, The J. Jill Group, The Kroger Co., The North West Company, The One Group, The Walking Company Holdings, ThredUP, Tilly’s, Torrid, Tractor Supply Co., Ulta Beauty, Urban Outfitters, Vera Bradley, Victoria’s Secret Stores, Village Super Market[Shoprite], Vince, Walgreens Boots Alliance, Walmart Stores, Warby Parker, Wayfair.com, Weis Markets, Wendy’s International, Williams-Sonoma, Wolverine World Wide, YETI Coolers, Yum! Brands, Zumiez, e.l.f. Beauty, easyhome ltd.
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