by Mike Duff | Sep 23, 2024 | Retail Articles
As part of its marketplace operation, Klarna has announced it is adding new features to the company’s artificial intelligence-enabled virtual shopping assistant powered by OpenAI. The AI assistant now provides a chat-based shopping experience, helping shoppers...
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...
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...
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...
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,...