Summer in the United States has acquired a new seasonal ritual. Apply sunscreen, overpay for iced coffee, and receive 47 alerts that a cordless vacuum has entered its “lowest price ever” era. Amazon’s Prime Day used to be a shopping event. Now it’s a national...
Viewers of a new Bravo digital series will be able to discover and shop curated Target products while the series’ hosts discuss fashion, entertaining, travel, swim, beauty and summer trends. The series, “Shop What Happens,” is inspired by the format of Bravo’s “Watch What Happens Live with Andy Cohen” and is sponsored exclusively by Target,...
June will be a big month for omnichannel retailer promotions. Amazon, Walmart, Target, Kohl’s and Staples have each announced sales events that begin this month and overlap or partially overlap. Chain Store Age reported on the events in a Thursday (June 11) report, saying that retailers’ counter-promotions to Amazon’s Prime Day followed that...
Two years ago, a shopper researching a new pair of running shoes might have started on Google, clicked through a few retailer websites and eventually checked out on Amazon. Now they ask artificial intelligence chatbots like ChatGPT or Claude. At least, they do if they...
The shopper who can’t remember the word “cowl neck” or doesn’t know what “rattan” means has always been the hardest customer to serve. Amazon just built a tool for her. The company announced on June 3 an artificial intelligence (AI) image generator embedded directly in...
Ecosystems now scale more efficiently than stores, and that new reality is transforming retail. Amazon announced Wednesday (June 10) that it is expanding its Supply Chain Services platform with a less-than-truckload (LTL) freight offering that allows businesses to move goods beyond Amazon’s own fulfillment network...
Amazon has entered into a term loan agreement with Citibank and more than a dozen other banks that provides the company with a $17.5 billion senior unsecured delayed draw term loan credit facility (DDTL Facility). The banks’ commitments to provide the credit facility will expire on Sept. 30 unless Amazon...
Businesses of all sizes can now use Amazon’s less-than-truckload (LTL) service to move freight into their own warehouses, between their own facilities, and to their retail partners and distributors. This represents an expansion of the LTL service offered by Amazon Supply Chain Services (ASCS), which...
As shoppers put more of their budgets toward essentials, Amazon and Walmart are starting to play more distinct roles in American retail. That is the broader takeaway from “Consumer Wallet Reset: How Amazon Wins Discretionary Spend and Walmart Holds Necessities,” a new PYMNTS Intelligence report. The study...