American shoppers spent more than $26.4 billion on this year’s Amazon Prime Day. That’s a 9.3% increase over last year’s eCommerce event, Reuters reported Saturday (June 27), citing Adobe Analytics data. Retail experts chalked the increase up to high inflation combined with consumers focusing on...
Saks Global is reportedly plotting a luxury-focused revival as it emerges from bankruptcy. The company, owner of department stores Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has structured its debt, shuttered dozens of stores and cut jobs since seeking bankruptcy protection in January, The...
Amazon and Walmart are spending this week is summer sale mode. Amazon’s four-day Prime Day runs June 23 through June 26, while Walmart Deals started a day earlier and ends two days later. U.S. online spending across retailers reached $8.3 billion on Prime Day’s first day, up 5.3% from...
Albertsons has launched a new integration with commerce intelligence platform Criteo. The partnership, announced Thursday (June 25) by the grocery giant’s retail media arm Albertsons Media Collective, is designed to bring product discovery into Albertsons artificial intelligence-powered conversational search. “As customers increasingly turn to AI-driven...
Amazon became the largest retailer in the United States in terms of gross merchandise value sometime in 2025, overtaking Walmart, Seeking Alpha reported Thursday (June 25), citing a report by J.P. Morgan. J.P. Morgan analyst Doug Anmuth and his team attributed Amazon’s gains to its...
Walmart plans to expand access to connected TV advertising by acquiring Vibe.co. By acquiring Vibe.co’s self-serve, connected TV advertising platform and integrating it into the Walmart Connect commerce media platform, the retailer aims to make TV advertising more accessible to small- to medium-sized businesses (SMBs) and mid-market advertisers, including...
Amazon is putting Alexa for Shopping at the center of Prime Day, using artificial intelligence (AI) to build personalized deal guides, track prices, recommend products and place orders automatically when items hit a shopper’s target price. The four-day event runs Tuesday to Friday (June 23-26),...
A group of California consumers filed a proposed class-action lawsuit alleging that gas station operators including Walmart, Marathon Petroleum, BP and 7-Eleven used an artificial intelligence pricing tool to illegally inflate pump prices in the state, according to a complaint filed in federal court in...
Walmart is integrating its advertising operations into one framework amid growing ad revenue. The retail giant on Monday (June 22) announced plans to align tools, tech and platforms across its U.S. and international Walmart Connect operations, as well as Sam’s Club. As part of this shift, Walmart is rebranding...