🤖 AI in Finance

AI Fitting Rooms: Retail's Desperate Bid to Kill the Returns Plague

Returns are bleeding retailers dry — think $700 billion globally last year. Now AI fitting rooms are stepping in, but do they deliver?

Shopper virtually trying on clothes via AI on smartphone screen

⚡ Key Takeaways

  • AI virtual try-ons could slash apparel returns 15-25%, saving billions. 𝕏
  • Retail giants like Amazon and Walmart are leading adoption with proven pilots. 𝕏
  • Accuracy and diversity in models are key hurdles; fix them for real impact. 𝕏
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Originally reported by PYMNTS

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