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Amazon Puts More GenAI Tools in Hands of Marketplace Sellers

Amazon Puts More GenAI Tools in Hands of Marketplace Sellers

by Mike Duff | Sep 23, 2024 | Retail Articles

Amazon aims to give its marketplace partners a virtual boost with new GenAI tools that can help with everything from content creation to operational initiatives. In a blog post, Mary Beth Westmoreland, Amazon vice president, Worldwide Selling Partner Experience, made...
Consumers Might Be Ready To Splurge a Little This Holiday Season

Consumers Might Be Ready To Splurge a Little This Holiday Season

by Mike Duff | Sep 16, 2024 | Retail Articles

Although consumers have shifted spending to everyday needs lately to cope with inflation, a survey sponsored by AI platform Coveo suggests they might be willing to widen their outlay on gifts during the upcoming holidays. In a new research report entitled “Gift...
Amazon Strikes Deal To Expand Bay Area AI & Robotics Operation

Amazon Strikes Deal To Expand Bay Area AI & Robotics Operation

by Mike Duff | Sep 5, 2024 | Retail Articles

Amazon struck a deal with artificial intelligence developer Covariant and is expanding its Bay Area AI and robotics team as the company continues to look for ways to make its logistics systems more faster and more efficient. Amazon is licensing Covariant’s robotic...
Lowe’s Preps for DIY Market Recovery After Q2 Comps Slip

Lowe’s Preps for DIY Market Recovery After Q2 Comps Slip

by Mike Duff | Aug 20, 2024 | Retail Articles

Citing a challenging do-it-yourself market facing macroeconomic headwinds, Lowe’s Cos. beat a second-quarter earnings forecast despite a decline in comparable sales during the period. Net earnings were $2.38 billion, or $4.17 per diluted share, versus $2.67 billion,...
Consumers Worry About AI’s Potential Role in Payment Fraud

Consumers Worry About AI’s Potential Role in Payment Fraud

by Mike Duff | Aug 20, 2024 | Retail Articles

Fear of payment and credit fraud is widespread among consumers and has implications about how they view emerging technology, according to a survey sponsored by crime prevention and risk management consultant Abrigo and conducted by market research firm Propeller...
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