IBM study: Widespread discontent in retail experiences, consumers signal interest in AI-driven shopping amid economic strain

  • Only 9% of respondents say they are satisfied with the in-store shopping experience; only 14% say the same for online shopping.
  • Roughly 80% of consumers surveyed who haven’t used AI for shopping expressed an interest in using the technology for various aspects of their shopping journey.

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Inventory financing service aims to boost sari-sari stores in time for holidays

4 December 2023, Manila, PhilippinesPackworks, a Filipino startup offering a business-to-business (B2B) fast-moving consumer goods (FMCG) marketplace for sari-sari stores, is partnering with 1Sari Financing Corporation to provide access to secure, reliable, and affordable inventory financing services to more than 270,000 unbanked sari-sari stores across the Philippines. (more…)

Predicting the next big hit: Packworks leverages AI to forecast future trends in sari-sari stores

27 June 2023Packworks, a local startup that provides a business-to-business (B2B) open platform to sari-sari stores, is riding the wave of artificial intelligence (AI) and machine learning to help sari-sari stores across the Philippines make informed decisions in stocking their shelves. (more…)