Walmart has reportedly discovered warehousing space for its eCommerce war with Amazon: its own stores. The company has begun testing the use of shelves in the back rooms of its stores as a staging location for same-day, third-party merchandise delivery, the Financial Times (FT) reported...
Amazon Web Services has unveiled an artificial intelligence-powered application for better, faster drug development. Amazon Bio Discovery, announced last week, is designed to offer scientists direct access to a wide range of specialized AI models known on biological foundation models (bioFMs) that are trained using...
Live social shopping company QVC Group has begun voluntary Chapter 11 proceedings to implement a comprehensive prepackaged financial restructuring plan. The plan is outlined in a Restructuring Support Agreement (RSA) the company reached with most of its lenders and will “substantially reduce” the company’s debt,...
Amazon pressures sellers using its platform to raise their prices on competitors’ websites if those prices are even a penny lower than Amazon’s, The Guardian reported Thursday (April 16), citing California authorities’ comments on newly unsealed records that were filed as part of an antitrust...
Artificial intelligence (AI) traffic to U.S. retail websites is now converting better than non-AI traffic such as paid search and email marketing, Adobe said Thursday (April 16). In March, AI traffic converted 42% better than non-AI traffic, marking a “major reversal” from a year earlier,...
The retail battle is bleeding over into healthcare. It has been for a while, as healthcare and pharma firms increasingly recognize the benefits of physical retail’s distribution capabilities. But recent headlines from both Amazon and Walmart underscore that as digital distribution starts to equal the...
Walmart says it is embarking on a nationwide overhaul of its retail footprint. The company said in a Thursday (April 16) news release that it is investing in remodels at 650 stores, with 20 new store openings scheduled for this year and early 2027. According to the release,...
A shopper walks into a grocery store with discounts sitting in three different places: their loyalty app, their credit card and a manufacturer rebate. The shopper ultimately leaves after using none of them. That missed moment is not an anomaly, nor the opening shot of...
Hundreds of large Amazon sellers are protesting the company’s recent policy changes by boycotting its advertising platform on Wednesday (April 15), CNBC reported. The sellers oppose three changes made by Amazon: one that means the company pays out seller earnings seven days after products are...