Search results for "Amazon"

April 17, 2024
Google Laying Off Unspecified Number of Employees Amid Shifting Priorities

Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The employees will be able to...


April 17, 2024
Tired of Cutbacks, Shoppers Demand Affordable Luxuries From Mass-Market Retailers

After years of being conservative in their spending in response to ongoing economic challenges, shoppers are looking for ways that they can feel more indulgent without breaking the bank, demanding...


April 17, 2024
Amazon Licenses Just Walk Out Tech in Battle for Grocery...

Amazon is pushing sales of its Just Walk Out technology even as it pulls back on the checkout system in its own grocery stores, a move that comes as tech...


April 17, 2024
Intel and Partners Want to Solve Enterprise AI’s Interoperability Problem

Few innovations throughout history have progressed as fast as generative artificial intelligence (AI) has. And with the news Tuesday (April 16) that Intel, working with several other industry partners, is...


April 17, 2024
Misfits Market Teams With Gopuff as Shoppers Demand Instant eGrocery

Online shoppers want options for a wider range of grocery occasions, not just their weekly haul, Misfits Market CEO Abhi Ramesh said. The online grocer on Wednesday (April 17) announced...


April 16, 2024
Amazon Live Launches Shoppable Channel Integrating TVs and Mobile Devices

Amazon Live has launched an interactive and shoppable channel called FAST Channel on Prime Video and Amazon Freevee. This channel will feature Amazon’s “shop the show” technology that allows customers to use their mobile...


April 16, 2024
LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 

With the moderately well-off shopper spending differently than the high-earner, luxury brands are seeing aspirational shoppers forced to give up their favorite indulgences. On a call with analysts Tuesday (April...


April 16, 2024
Unions & SMBs Urge Congress for Antitrust Funding Boost

Various unions, small businesses, and advocacy groups are urging the US Congress to allocate more funds to the Justice Department and the Federal Trade Commission (FTC) to strengthen antitrust enforcement....


April 16, 2024
Amazon Puts All Three Claude AI Models on Bedrock

Amazon Bedrock now features all three versions of Anthropic’s Claude 3 artificial intelligence (AI) model. That makes Bedrock the first and thus far only managed service to make all three Claude 3 models — Opus,...


Walmart Vs. Amazon Whole Paycheck: Battle For The Digital-First Consumer
Amazon, Walmart Gain Q3 eCommerce Sales, But Lose Share of Total Spend  Spoiler alert: This edition of the Whole Paycheck Tracker report, the exclusive PYMNTS data dive on the claim Amazon and Walmart make on their share of the U.S. consumer’s whole paycheck, does not contain the customary exponential increases associated with these two retailers.
The Battle for Consumer Retail Spend: Amazon Versus Walmart Q2 2022: The Discretionary Spend Play
Amazon’s Lead in Consumer Discretionary Spend Remains Unchallenged  In the clash of the retail titans, Walmart leads in grocery and personal care spend, but Amazon dominates in clothing, furniture, appliances and hobbies, the Q2 2022 edition of "The Battle For Consumer Retail Spend: Amazon Versus Walmart" found, while also exploring ways consumers stand to gain from the rivalry.