Walmart Data Ventures is adding new artificial intelligence-powered features to its commerce intelligence platform, Scintilla, the company said in a Wednesday (Sept. 16) press release. “For years, the focus in retail has been on accessing more — and better — data,” Walmart Data Ventures said...
Nike’s upcoming removal from the S&P 100 is easy to read as a corporate fall-from-grace story. It may be more useful to read it as a retail one. After nearly 18 years in the index, Nike will be removed from the S&P 100 before trading...
Walmart+ is expanding its Gas Savings benefit with a new partnership with Citgo. The expansion of the company’s membership program adds more than 4,000 new gas stations where Walmart+ members can save 10 cents per gallon on gas, the retail colossus said in a Monday (Sept....
Rent the Runway appointed its chief commercial officer and Nordstrom veteran, Paige Thomas, as CEO, president and member of the board of directors, the company said in a Friday (Sept. 11) press release. Thomas joined the company as CCO in June. Before that, she served...
The AFL-CIO Tech Institute, a think tank established in 2021 by the AFL-CIO labor union, is calling on policymakers to ban the use of electronic shelf labels (ESLs) in grocery stores. The organization made this call in a policy brief in which it said widespread...
Target is seeing results from the artificial intelligence-powered shopping features it added to its app over the past year, the retailer said in a Tuesday (Sept. 8) press release. “Guests move naturally between our stores and digital channels, and we’re using AI and personalization in...
Today’s most consequential retail technology investments have little to do with making things better, and more to do with redesigning them entirely. Walmart is rolling out tap-to-pay across its U.S. stores, opening checkout to Apple Pay, Google Pay, Samsung Pay, contactless cards and wearables after...
The summer’s biggest retail sales events did more than create a larger shopping crowd. Their overlap also changed who showed up, how much they spent and how consumers moved between retailers. A PYMNTS Intelligence report, “The Overlap Effect: How Amazon and Walmart Expanded the Crowd...
Labor Day traditionally tells Northeasterners to locate a sweater, inspect the foliage and pretend the beach chairs will be stored before Thanksgiving. This year, retailers have added another instruction. Begin thinking about Halloween immediately. The pumpkins have arrived, the skeletons have achieved architectural scale and...