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News
As retail stagnates, ad dollars help Walmart stay the course
3+ week, 5+ day ago (614+ words) its stock, investors are increasingly looking to the retailer’s advertising business to support profits. Walmart Connect has helped the company maintain margins, helping offset the cost of keeping prices low and delivery speeds...prices on some 7,000 items. Same-store growth in…...
Anthropic launches AI agent blueprints for retailers ahead of holiday shopping season
1+ week, 4+ day ago (184+ words) external conversational search tools expands ahead of the holiday shopping season. • Shoppers are increasingly...other sources, Adobe Analytics said last month. • The blueprints are guidelines for building shopper...product on its Claude platform. • Retailers can use the merchant blueprint to…...
France targets Shein and Temu with fast fashion fines
1+ week, 5+ day ago (355+ words) (Reuters) – France started imposing penalties on the extreme end of fast fashion on Tuesday to try to...sold by e-commerce sites including Shein and Temu. The penalties – part of a fast-fashion law passed in...boxer shorts or socks to €12 ($14) for a…...
Abercrombie raises full-year sales forecast on resilient apparel demand
2+ week, 4+ day ago (148+ words) despite weakness in international markets. Shares of the New Albany, Ohio-based retailer rose 11% in premarket trading. The company now expects full-year net sales to grow...teens and young adults refresh their wardrobes for the back-to-school season. Abercrombie brand sales rose…...
JD.com’s Ceconomy concessions face criticism from rivals, sources say
3+ day, 7+ hour ago (210+ words) JD.com’s concessions to ease EU subsidy concerns about the Chinese e-commerce giant’s $2.5 billion purchase...criticism from competitors, people familiar with the matter told Reuters. They said the European Commission, which acts as the European Union’s competition enforcer, informed JD....
UK’s John Lewis looks to harness AI agent shopping in ‘difficult economy’
1+ week, 3+ day ago (322+ words) engaged in what it called a “difficult economy”. The department store group said searches from AI agents...had risen to 2.5% from just 0.3% a year ago, and the trend was accelerating. “It’s exponential, and it’s...managing director of John Lewis department…...
Chinese e-commerce giant JD.com offers EU remedies in Ceconomy takeover probe
3+ week, 3+ day ago (127+ words) Chinese e-commerce giant JD.com has offered remedies in the European Union’s probe of its $2.5 billion bid...Ceconomy, according to an EU regulatory filing. • The filing did not specify the remedies offered. • The European Commission opened a full-scale investigation into…...
Analysis-Chinese e-commerce moves to next phase after delivery price war changes shopping habits
1+ week, 3+ day ago (681+ words) incentives, so-called instant retail has emerged as the new battleground in online shopping. “Quick commerce...Financial Officer Shaohui Chen said on an earnings call. The instant-retail market is set to be worth 1.2 trillion...film as she travelled to meet friends…...