The news: Home Depot expanded its Magic Apron AI assistant into over 2,000 US stores, offering shoppers information about inventory and item locations tailored to their individual store, as well as project advice and recommendations on the best products to purchase for specific tasks.
Considering Home Depot’s US retail ecommerce sales make up a small portion of its overall US retail sales, per our forecast, Magic Apron can expand the utility of its app beyond online sales.
What it means: AI tools like Magic Apron function as personal shopping assistants, which could help consumers more quickly evaluate their options and make purchasing decisions. Sixty-two percent of global consumers want personalized in-store experiences and 58% don’t mind when AI is used by retailers as long as they receive a personalized experience, per SOTI.
Retailers have digitized physical store information and experiences through apps, loyalty programs, QR codes, and retail media. AI can thread those pieces together through a conversational layer that understands user intent, best options, what’s available, and where to find products.
Why it matters: AI is getting closer to the moment of transaction.
However, there is a trust barrier—1 in 3 US adults won’t use an AI shopping assistant because they’re worried it will try to sell them things they don’t need, per YouGov.
Recommendations for retailers: As AI assistants start to mediate more high-intent product discovery moments, retailers will need to assess whether recommendations remain organic or become monetizable inventory over time.
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