July 25, 2024
Colorado Judge Issues Temporary Block on Kroger-Albertsons $25 Billion Merger
A Colorado judge has issued an order temporarily blocking the proposed $25 billion merger between grocery giants Kroger and Albertsons. The decision, reported by Bloomberg News, comes amid challenges from the...
July 24, 2024
Google to Move Retailers to New AI-Driven Merchant Platform
Google is moving all retailers to a new version of its Merchant Center. The change should happen by September, the tech giant wrote on its blog Wednesday (July 24), giving...
July 24, 2024
Cart.com Launches Standalone Warehouse, Transportation Management Systems
Cart.com has made its proprietary warehouse and transportation management systems available as standalone offerings. These modules — Constellation WMS and Constellation TMS — join the company’s distributed order management system, which is called Constellation OMS,...
July 23, 2024
Capital One’s Profit Eroded by Walmart Deal Collapse, Discover Uncertainty
It’s earnings season for America’s biggest financial services companies and institutions. So far, the common theme has been a softening of consumer credit and mixed signals around corporate spending. But...
July 23, 2024
Single Parents’ Retail Spending Plunges 35% in One Month
Parents are spending less on retail purchases each month, as budget pressures demand cost-cutting measures. By the Numbers The recent PYMNTS Intelligence exclusive report “The Last Transaction: Family Spending Habits...
July 22, 2024
CrowdStrike Outage Hits Amazon at a Key Moment for Shopper...
With the CrowdStrike outage having come just one day after the close of Amazon’s blockbuster Prime Day event, the eCommerce giant could see the outage impact deliveries at a critical...
July 22, 2024
Musk: Tesla Will Have In-House Humanoid Robots in 2025
Tesla will begin using humanoid robots next year, according to CEO Elon Musk. “Tesla will have genuinely useful humanoid robots in low production for Tesla internal use next year and,...
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...