July 22, 2024
AI Explained: Reinforcement Learning and How It Shapes Commerce
At a bustling Amazon warehouse, robots weave through aisles, selecting items for shipment with increasing speed and accuracy. These aren’t pre-programmed machines but artificial intelligence (AI)-driven systems constantly learning and...
July 22, 2024
Retailers Woo Paycheck-to-Paycheck Parents With Back-to-School Deals
As budget-strapped consumers seek deals to help alleviate the financial burden of their back-to-school shopping, brands are rolling out lower-priced and/or discounted goods to win over these customers. On Thursday...
July 19, 2024
Paytm Reports Seeing ‘Green Shoots’ in Business After Regulatory Troubles
Paytm reported Friday (July 19) that its operating revenue slipped again in the quarter ended in June as it continued to deal with regulatory troubles. The Indian FinTech’s operating revenue...
July 19, 2024
Amazon’s Prime Day Leaves Walmart+ Deal Days in Summer Haze
As Amazon and Walmart compete to win consumers’ retail spending, it seems the former may have had more success with its summer deals event than the latter, widening the gap...
July 18, 2024
Prime Day Sales Climb 11% as Shoppers Spend $14 Billion,...
American shoppers reportedly spent $14.2 billion during Amazon’s Prime Day event, setting a record for the number of items purchased. That’s an 11% increase over last year for the 48-hour...
July 17, 2024
Petco Names Former Five Below Chief Joel Anderson as CEO
Petco has named former Five Below CEO Joel D. Anderson as its new CEO and a member of its board of directors, effective July 29. This announcement from the pet...
July 17, 2024
Amazon Prime Day First Day Sales Reach $7.2 Billion Amid...
Amazon Prime Day’s opening day reportedly generated $7.2 billion in U.S. sales. That’s according to a report Wednesday (July 17) by Reuters, citing data from Adobe Analytics. That data, the...
July 17, 2024
Bargain Hunters Fuel Amazon’s Prime Day Participation
With years of financial challenges compounding shoppers’ deal-seeking behaviors, Amazon and its competitors are seeing spiking demand for their summer deals events. Early reports suggest that Amazon Prime Day, the...
July 16, 2024
Amazon Prime Day Sales Outpace 2023 Event in First Hours
The first hours of Amazon’s Prime Day reportedly saw sales outpacing those of last year’s event. During the first seven hours of the event on Tuesday (July 16), sales were...
