The third quarter was kind to Amazon.com as it beat Wall Street estimates on sales and earnings while generating substantially more product and service revenues. Net income was $15.33 billion, or $1.43 per diluted share, versus $9.88 billion, or 94 cents per diluted...
Walmart has developed a system of platforms as the basis of a combined proprietary artificial intelligence, GenAI, augmented reality and immersive commerce function that the company maintains will allow it to accelerate its entry into a new retail era. The company...
According to the 2024 U.S. Holiday Shopping Forecast from Adobe Digital Insights, e-commerce growth during the November/December core shopping season has the potential to produce an online spending record of $240.8 billion, up 8.4% from 2023, as inflationary pressures...
Amazon aims to give its marketplace partners a virtual boost with new GenAI tools that can help with everything from content creation to operational initiatives. In a blog post, Mary Beth Westmoreland, Amazon vice president, Worldwide Selling Partner Experience, made...
In an early read on the 2024 holiday retail season, Skai, an omnichannel advertising platform, reported 15% of U.S. consumers surveyed said they already started shopping for the season, and 58% said they would begin holiday shopping by November 1. Still, that doesn’t...
