July 11, 2024
Inflation Cools Overall, but Food Is More Expensive
The Consumer Price Index released Thursday (July 11) showed that, at least overall, the pace of inflation cooled in June. But the category-by-category data from the Bureau of Labor Statistics...
July 11, 2024
Specialty Retailers Step up Tech Stacks to Compete With Amazon
As specialty retailers look for ways to hold their own against Amazon’s growing lead, many are rethinking their tech efforts to be more competitive. Take, for instance, Guitar Center, which...
July 11, 2024
Amazon Warned to Improve UK Grocery Supplier Relations
A British regulator wants Amazon to improve its relations with grocery suppliers. The Groceries Code Adjudicator (GCA) said Thursday (July 11) that it could open an investigation if the tech giant doesn’t turn things...
July 11, 2024
Does Amazon Need Saks Global to Conquer Luxury Retail?
Amazon turned 30 on July 5th and did something that nearly 70% of all women also say they do on their birthday: They bought themselves a present. On July 4th,...
July 10, 2024
AWS Launches GenAI-Powered Service for Creating Applications
Amazon Web Services (AWS) has unveiled a generative artificial intelligence (AI)-powered service that helps users create applications using natural language. With the new AWS App Studio, users can describe an application they...
July 10, 2024
1 in 4 Consumers Want to Be Entertained While Shopping
With consumers growing accustomed to the constant stimulation of digital multitasking, many shoppers are finding that the act of purchasing is not enough to keep them entertained. By the Numbers...
July 10, 2024
Embedded Finance Helps Business Buyers Move Commerce Online
Better product data, better browsing, transparent pricing — and the ability to click through the whole process — these are the hallmarks of consumer-facing online commerce. And, increasingly, the same...
July 10, 2024
Luxury Brands and Retailers Rethink Strategy Amid Economic Challenges
With the high cost of maintaining a luxury brand, key players are making major decisions, changing the way they operate to navigate the current challenging economic climate. Luxury brand Burberry,...
July 10, 2024
Microsoft Strikes Multi-Million-Euro Deal to Settle CISPE’s Antitrust Complaint
Microsoft has announced a multi-million-euro agreement with CISPE (Cloud Infrastructure Services Providers in Europe) to resolve an antitrust complaint related to its cloud computing licensing practices. This settlement effectively averts...
