April 30, 2024
Walmart to Close Health Centers, Telehealth Offering Amid ‘Lack of...
Walmart is shutting down its health centers and telehealth offering, saying there is not a sustainable business model for these operations to continue. The company will close all 51 Walmart Health centers across...
April 30, 2024
Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
Walmart is expanding its private-label offerings with the debut of “chef-inspired” food brand bettergoods. Announced Tuesday (April 30), bettergoods represents Walmart’s largest private-brand food rollout in two decades, the company said in a...
April 30, 2024
Why Measuring the ROI of Transformative Technology Like GenAI Is...
Google’s market cap topped $2 trillion last week after quarterly earnings convinced investors that demand for its GenAI platform was not only strong but being monetized in the here and...
April 29, 2024
Artsy Shoppers Are Ditching Craft Stores for More Convenient eCommerce...
Consumers are cutting back on nice-to-haves like craft supplies, and even when they do buy these items, they are increasingly choosing retail giants such as Amazon, leaving arts stores in the...
April 29, 2024
Amazon Says Prime Delivery Speed Reaches Record Pace
Amazon says its Prime deliveries have reached their fastest speed on record. The eCommerce giant announced Monday (April 29) that more than 2 billion items had arrived the same day or on...
April 26, 2024
Walmart Grows Omnichannel Capabilities for Shoppers ‘Seeking Convenience’
Walmart has been expanding its omnichannel capabilities across its three segments: Walmart U.S., Walmart International and Sam’s Club. The company’s people and technology are dedicated to giving customers the opportunity...
April 26, 2024
This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information retrieval with natural language generation,...
April 26, 2024
Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal...
With consumer spending increasingly motivated by deals and seasonality, Amazon is gearing up for its tenth-ever Prime Day savings event, as Doug Herrington, CEO of Worldwide Amazon Stores, announced via...
April 25, 2024
Robo-Forklifts Rev Up Walmart’s Warehouses
In Walmart’s sprawling distribution centers, a quiet change is underway. The retail behemoth is preparing to deploy a fleet of 19 autonomous electric forklifts across four of its facilities, marking a significant step forward in integrating...
