July 12, 2024
Target Bolsters in-Store Experiences Through Strategic Collaborations
Target is facing increased competition from online retailers with faster delivery and a wider selection of products. Customers are also shopping less frequently in physical stores. As a result, Target...
July 12, 2024
Report: Barneys New York Aims to Expand Product Offerings, Distribution
Barneys New York reportedly plans to expand both its product offerings and its distribution if the planned acquisition of Neiman Marcus Group by the owner of Saks Fifth Avenue is...
July 12, 2024
Rufus, Amazon’s AI Shopping Companion, Rolls Out Nationwide
Amazon’s generative artificial intelligence-powered conversational shopping assistant, Rufus, is now available to all U.S. customers in the Amazon Shopping app. Introduced in February, Rufus answers questions on various shopping needs...
July 12, 2024
Walmart Taps Automation in Bid to Broaden Grocery Lead Over...
As Walmart looks to hold its own against Amazon’s growing lead in retail, the company is leaning into its food and beverage stronghold, leveraging automation to scale its omnichannel grocery...
July 11, 2024
Audible Says New Royalty Model Monetizes More Content
Amazon-owned online audiobook and podcast service Audible is rolling out a new royalty model that will enable creators to monetize more types of content. The model will also allow listeners to access...
July 11, 2024
Amazon’s Wondery Adds ‘Armchair Expert’ Podcast in $80 Million Deal
Amazon entered into an $80 million deal that will bring comedian Dax Shepard’s podcast “Armchair Expert” to the Wondery platform. Wondery will exclusively distribute and sell ads for the podcast,...
July 11, 2024
Embedded Finance, Online Platforms Shape This Week’s B2B Innovations
There are many truisms about the B2B landscape, and they mostly center around better payments. After all, the ongoing digital transformation reshaping the B2B marketplace is increasingly defined by businesses...
July 11, 2024
UK Grocery Regulator Threatens Amazon with Investigation Over Supplier Treatment
In a stern warning to Amazon, Britain’s grocery regulator has announced the possibility of a formal investigation if the eCommerce giant does not improve its compliance with an industry code...
July 11, 2024
AWS and Workday Team on Enterprise AI Applications
Amazon Web Services (AWS) launched a generative artificial intelligence-focused partnership with enterprise software company Workday. “This expanded partnership combines the power of Workday AI and AWS to deliver AI features...
