Costco (COST) could further enhance its stellar operation by incorporating generative artificial intelligence into its business.
Wall Street analysts believe Costco can benefit from the expanded use of artificial intelligence to enhance the customer experience, manage inventory and supercharge its private-label offerings. So do we. While it may be one of the best-run retailers in the world, Costco is not known for being on the cutting edge when it comes to implementing new technologies.
Customers wait in line to check out purchases at Costco store on June 28, 2023 in Teterboro, New Jersey. Costco is cracking down on membership card sharing at its stores. can benefit from the expanded use of artificial intelligence to enhance the customer experience, manage inventory and supercharge its private-label offerings.
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