by Mike Duff | Apr 14, 2025 | Retail Articles
In a letter to shareholders, Amazon CEO Andy Jassy said the company had a solid 2024 and wants to build on that by maximizing artificial intelligence and cutting back on red tape. Jassy emphasized that Amazon enjoyed a strong 2024 with total revenue up 11%...
by Mike Duff | Apr 7, 2025 | Retail Articles
The 15th edition of its annual LexisNexis True Cost of Fraud Study: E-commerce and Retail Report, U.S. and Canada Edition indicated that the impact of bad actors is a growing challenge, with merchants in the United States incurring an average cost of $4.61 for every...
by Mike Duff | Mar 28, 2025 | Retail Articles
Businesses are aggressively investing in AI across supply chains as a counterweight to inflation and trade volatility, but a growing execution gap threatens to derail their efforts, according to a report by Relex Solutions, which operates a unified platform for...
by Mike Duff | Mar 27, 2025 | Retail Articles
To provide another way to inspire purchasing, Amazon has developed an AI-powered ‘Interests’ feature to automatically find new products that suit consumer hobbies and interests. According to a blog post by Daniel Lloyd, Amazon’s vice president of personalization,...
by Mike Duff | Mar 27, 2025 | Retail Articles
Walmart has launched Wally, a new application of generative AI, to speed up and simplify merchant analysis and strategy development. Wally is an GenAI-driven assistant that, the company says, will help merchants with both big-picture thinking about and deep dive...