Retailers at Shoptalk Spring in Las Vegas this week were desperately seeking an AI playbook. The vast majority of attendees had questions about the hype-versus-reality of agentic commerce, or agent-assisted shopping. Shoptalk, which ran from March 24 to March 26 at Mandalay Bay, featured a buzzy array of AI announcements from tech giants including OpenAI and Google. Brands and retailers seemed to realize that agentic commerce is a new front door consumers are using, and the conversation moved from “How do we build something?” to “How do we build something useful?” The buzz around agentic AI started at NRF two and a half months ago, and people at Shoptalk were still looking for answers to questions like: Will people really hand over shopping to AI agents, even if the technology makes it seamless and easy? However, there was still no real consensus. Ret(AI)l therapy: Google went big on agentic commerce—literally—taking over the walkway with a massive e-billboard attendees couldn’t miss. OpenAI rolled out a new shopping experience on ChatGPT that can browse and compare items, and drop relevant product information all in one place. It’s a revised version of OpenAI’s Agentic Commerce Protocol, which delivers real-time product data from merchants—including Target, Sephora, Nordstrom, The Home Depot, Best Buy, and Wayfair—directly into ChatGPT. Meanwhile, Gap said it is partnering with Google to let people complete purchases directly within AI agent Gemini, becoming the first major fashion brand to collaborate with Google on agent-driven AI commerce. And beauty retailer Sephora said it is rethinking its beauty shopping experience with the launch of its app in ChatGPT. “People that were never involved in retail directly—like Google, they were always kind of side-involved, and ChatGPT—coming here and dropping news, so it’s exciting,” Scot Wingo, CEO of AI startup Refibuy, told Retail Brew. “They see the [retail] vertical is really important for the initiatives they’re trying to drive around AI.” Keep reading here.—VC |