Retail

Retail
Amazon Rebuts Alexa Eavesdropping ‘Myths’ as It Scales Device Ecosystem 
June 30, 2022

In a year that has seen Amazon blog about its voice-powered Alexa device 28 different times as part of its effort to grow its overall ecosystem of connected devices, the eCommerce giant has finally taken on the 800-pound eavesdropper in the room. Get the Full Story...

Retail
Grocers Leverage Cashier-Less Checkout as Data Opportunities Emerge
June 30, 2022

There was a time when autonomous checkout was a little-known, cutting-edge technology only being tested in small-format convenience stores. Today, a range of leading grocers around the world have been testing out the checkout method in full-format supermarkets, and many consumers are familiar with the...

Retail
Walgreens Plans to Double Robot Pharmacy Use
June 30, 2022

Walgreens wants to double the number of prescriptions being filled by its robot-powered micro fulfillment centers, the pharmacy chain’s chief executive said Thursday (June 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
RH Says High Mortgage Rates Killing Demand for Luxury Homes, Furniture
June 30, 2022

Hopes for a near-term turnaround in the battered home furnishing category were dashed Wednesday evening (June 29), after high-end retailer RH told investors it expects consumer demand will continue to weaken through the end of the year. Get the Full Story Complete the form to...

Retail
Luxury Home Slowdown Takes Toll on RH Furniture Sales
June 29, 2022

RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Today in Food Commerce: Rewe Announces Autonomous Store; General Mills Notes Shift Away from Restaurants
June 29, 2022

Today in food commerce, Sharebite raises $39 million in its Series B funding round and Israel-based computer vision company Trigo announces an autonomous grocery store in partnership with German supermarket chain Rewe. Plus, General Mills notes that, with rising prices, consumers are shifting away from...

Retail
Costco Keeps Hot Dog Bargain, but Membership Fee Could Rise
June 29, 2022

The rumors are false and the bargain remains. Costco’s $1.50 hot dog, a food court steal that comes with a 20-ounce soda, is staying the same price, just as it has since 1985, according to multiple reports. Get the Full Story Complete the form to...

Retail
Walmart Adds Digital Eyeglass Fitting Company to Stable of AR Try-on Tools
June 29, 2022

After a three-year test drive in over 3,300 of its stores, Walmart said Wednesday (June 29) that it is acquiring California-based tech firm Memomi to bring its virtual optical try-on solution technology in-house. Get the Full Story Complete the form to unlock this article and...

Retail
Amazon Will Gather and Sell Physical Store Analytics Data to Brands
June 29, 2022

The world’s largest eCommerce player is looking to capitalize on its budding basket of physical stores by selling data to brands that details which products customers in its contactless locations touch, purchase, pass up and more. Get the Full Story Complete the form to unlock...