News
FedEx Earnings Point to a Leaner, More Competitive Logistics Industry
2+ hour, 23+ min ago (765+ words) FedEx grew revenue and raised guidance, but leadership noted unpredictable headwinds like fuel costs and geopolitical disruptions. Amazon's expanding in-house delivery network is tightening competition, while FedEx is investing in digital tools and AI. Growth across the logistics space now…...
Uber Makes Billion-Dollar Bet on Rivian Robotaxis
3+ hour, 35+ min ago (438+ words) Uber has teamed with carmaker Rivian to boost both companies" autonomous vehicle efforts. The two companies expect to deploy 10,000 fully autonomous R2 robotaxis in the first phase of that effort, Rivian said in its announcement Thursday (March 19). The initial deployments are…...
Walmart Says AI Merchandising Patents Shouldn’t Raise Dynamic Pricing Fears
7+ hour, 43+ min ago (645+ words) Walmart is using machine learning to optimize pricing and markdowns, shifting toward "algorithmic merchandising" rather than dynamic pricing. The goal is smarter discounts and inventory flow, improving margins while maintaining customer trust and price consistency. Retailers today are operating under…...
Polymarket Becomes Major League Baseball’s Chosen Prediction Market
7+ hour, 16+ min ago (287+ words) Prediction market Polymarket has signed a new agreement with Major League Baseball (MLB). This agreement makes Polymarket the baseball's official prediction markets exchange, the league announced Thursday (March 19). The agreement gives Polymarket and its brokers access to MLB marks and…...
Amazon Chooses UK for Alexa+ European Debut
12+ hour, 2+ min ago (400+ words) Amazon has brought Alexa+ to the U.K., the first European country to receive the AI voice assistant. Alexa+ is now available across Great Britain as part of an early access program, with hundreds of thousands of customers expected to get invitations…...
Macy’s Credits AI, Reimagined Stores and Loyalty Data for Return to Growth
1+ day, 3+ hour ago (506+ words) Macy's returned to positive comparable sales in fiscal 2025, marking what the company called an inflection point after years of contraction. The earnings result reflects not just improved merchandising but a structural shift in how the company is using customer data,…...
Walmart Secures Machine Learning Patents to Aid Retail Pricing
1+ day, 3+ hour ago (405+ words) Walmart'has secured U.S. patents for two systems that would use machine learning to inform the company's pricing, the Financial Times reported Wednesday (March 18). One patent is for a "system and method for dynamically and automatically updating item prices" for markdowns in…...
Lowe’s Unveils Subscription Service for Consumer Home Maintenance
1+ day, 8+ hour ago (340+ words) Lowe's has launched a subscription service to help customers maintain their homes. HomeCare+, announced Tuesday (March 17), lets members of the company's MyLowe's Rewards program access seven in-home services for $99 per year. "HomeCare+ is all about simplifying home improvement and making…...
Lower-Income Consumers Use Digital Channels to Build Bigger Baskets
1+ day, 9+ hour ago (697+ words) Digital tools are shaping when and how value-focused shoppers spend. Retail earnings show pressure, but also disciplined purchasing behavior across segments. Earnings season has revealed a consumer who is not withdrawing from the marketplace so much as recalibrating participation, timing…...
Microsoft, Google and Anthropic Channel Enterprise AI Use With Spreadsheets
1+ day, 7+ hour ago (389+ words) Microsoft and Google are racing to embed artificial intelligence (AI) directly into their spreadsheet products, and the results suggest that Excel and Google Sheets, not purpose-built AI tools, may become the dominant interfaces for enterprise AI adoption. Microsoft's Agent Mode…...