FEATURE: AI helping Japan convenience stores profit from reduced waste

Economy

In a bid to increase sales and reduce food waste, more and more of Japan's convenience stores and supermarkets are letting artificial intelligence analyze data such as past sales figures to decide what discounts to apply to perishable products. At about 3 p.m., in a branch of the Lawson convenience store chain in Tokyo's Shinjuku Ward, an in-store computer decides which food products should be discounted and by how much. A display read "assorted sandwiches, one, 20 yen ($0.13) discount," another, "crispy ham and lettuce sandwiches, three, 30 yen discount." A manager then printed out price tags...

Kyodo News

Kyodo News