(source: en.wikipedia.org)
Over the past year, the focus in retail has been delivering the value that customers seek. While many assume this means offering the lowest prices,...
The future of commerce will be “customer-centric, interconnected, frictionless and consistently exceeds expectations.” So said Walmart in a Tuesday (Jan. 9) press release describing some of its latest retail...
Microsoft’s Azure OpenAI Service contributes to many of the new generative artificial intelligence (AI)-powered tools that Walmart has rolled out for its shoppers and associates. As the retailer builds...
Alibaba.com will soon add an Instant Help feature to its artificial intelligence (AI) global sourcing tool called Smart Assistant. The new Instant Help feature will...
With subscriber growth slowing, fashion rental firm Rent the Runway has begun cutting staff. The company plans to let go of about 10% of its corporate employees, it...
As rising food prices alienate grocery customers, merchants are beginning to throw their weight around with major food brands, if the Carrefour-PepsiCo standoff is any...
Consumers’ increasing adoption of grocers’ in-house eCommerce options is eating into the retailers’ margins amid ongoing financial challenges. Grocery giant Albertsons Companies, Inc., which has...
Last year saw several retailers report that their profits were being hurt by “shrink.” That’s the industry term for lost inventory due to a variety...
Amazon wants you to feel confident while shopping at home. They want you to make more confident purchasing decisions, and they want to lower the...