Carat^Capital
Carat Capital · The trade paper of the jewelry world · Est. MMXXVI · Free to read
Retail & Tech Desk · The Machines

Only 30% haven't: the counter quietly adopts AI

ONS survey data says just 30% of UK retailers haven't touched AI. Of the users, 46% put it on operations, 25.4% on personalisation — and 10.8% use it to replace roles. The trade's handshake culture meets the model.

By the numbers · ONS business survey, UK retail
30%
▼ ONLY · HAVEN'T TRIED AI
46%
▲ USERS · RUN IT ON OPERATIONS
25.4%
▲ USERS · PERSONALISATION
53.6%
— FREE · ADOPTERS ON FREE TOOLS
10.8%
▼ ROLES · AUTOMATING JOBS
WHAT ADOPTERS USE IT FOR · PERCENTIMPROVE OPERATIONS46PERSONALISE PRODUCT OR SERVICE25.4EXPLORE NEW MARKETS15.1DEVELOP NEW PRODUCTS12THE BACK OFFICE FIRST; THE COUNTER, SO FAR, LAST
Plate I — ONS Business Insights data via Professional Jeweller. Carat Capital graphics desk.  CC/2026/077

§1Behind the counter already.

The machines are already behind the counter. Office for National Statistics business-survey data, reported by Professional Jeweller this month, finds that only 30% of UK retailers have not attempted to use artificial intelligence at all. Among those that have, 46% deploy it to improve business operations, 25.4% use it to provide or personalise products and services, 15.1% to explore new markets and 12% to develop new products — and 40.8% of current non-users plan to adopt within three months.

§2Renting, not building.

How retail is buying its intelligence says as much as whether. A majority of adopters, 53.6%, use free tools; 41.3% purchased external software or software-as-a-service; just 5.9% built anything in-house. Retail, in other words, is renting the technology by the month, not building moats — which lowers the cost of trying and the switching cost of quitting.

Retail, in other words, is renting the technology by the month, not building moats
— The Data Desk

The employment picture is calmer than the headlines. One in ten adopters, 10.8%, uses AI to automate or replace roles, but 47.6% report no employment change at all, and among businesses planning to adopt, 57.8% expect no workforce effect while 4.6% actually expect headcount to grow. The near-term shape is augmentation with a thin edge of substitution.

§3The handshake question.

For jewellers, the tender spot is personalisation. Recommendation engines, bespoke CAD renders on demand, automated valuation triage — the 25.4% figure lands directly on the part of the trade that has always sold itself on the handshake, the loupe passed across the counter, the salesperson who remembers an anniversary. The tools are cheap and the customer data is willing; what is unresolved is whether the intimacy survives the automation.

The Desk’s ViewRetail & Technology

Put the machine on the back office first — pricing, stock, fraud, freight — where the survey says most adopters already have it, and let the front of house automate last.

The counter's product was never information; it was confidence.

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