Just weeks after Amazon announced it was replacing just-walk-out technology with smart shopping cards at its Fresh supermarkets, Aldi, with partner Grabango, announced it is using a similar technology in one of the grocery retailer’s stores in Aurora, IL, near...
Amazon president and CEO Andy Jassy, in his annual letter to shareholders, detailed how the company is building new capabilities and services, highlighting how generative AI would fit into its operation. Jassy said in the letter Amazon gives a lot of thought to how...
Walmart tops the latest Top 50 Global Retailers study by the National Retail Federation, which included in its report an assessment of the challenges and opportunities retailers faced the past year. The NRF study, with information compiled by market research firm and...
Held from March 20-25, Amazon’s inaugural Big Spring Sale generated a modest 3.1% lift in sales versus the average trailing four weeks, according to Earnest credit card data. The result represents a small acceleration from the seasonal lift that occurred in the same...
Retail media is becoming a bigger factor in today’s market, and Rich Lehrfeld, senior vice president and general manager, Walmart Connect, detailed where the retailer is going with its entertainment and advertising venture. Walmart is currently pursuing an acquisition...
