RetailWire

JULY 6, 2024

A new retail platform has emerged in Oklahoma and Alabama: AI-powered vending machines that dispense bullets. These machines, developed by American Rounds, are located in supermarkets and use advanced technologies like artificial intelligence and facial recognition to ensure buyers meet legal age requirements. Other than that, they operate like any other generic vending machine that would have normally stocked and dispensed toys, candy, snacks, drinks, and other similar fare.

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RetailMinded

JULY 6, 2024

Did you know? Over 90% of companies channel their efforts into mastering the Four Ps to establish a robust presence in today’s digital marketplace. Stay with us as we guide you through the journey of building a successful retail business with the right strategies and a deep understanding of the retail sector. What Are the 4 Ps of Retail Management?

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RetailWire

JULY 6, 2024

Costco has agreed to a $2 million settlement in response to a class action lawsuit alleging the false advertising of its Kirkland Signature Moist Flushable Wipes. The lawsuit, representing customers who purchased the wipes in New York between July 1, 2011, and May 31, 2017, claims that the wipes were not actually flushable and instead ended up causing significant damage to people's plumbing and septic systems.

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RetailWire

JULY 6, 2024

At the World Artificial Intelligence Conference in Shanghai, Tesla introduced its second-generation Optimus humanoid robot. Despite being marking one of the few American AI innovations on display at the event, the Optimus robot drew significant attention. However, the Optimus humanoid robot remained encapsulated in a rectangular glass display case and was not turned on to showcase any of its functionalities.

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Events 105

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October Prime Day is usually an early sign of how consumer spending trends ahead of the holidays. This one was no exception. Our October Prime Day Report breaks down what’s working: the products flying off the shelves, the categories winning big, big brands, and the search terms defining demand. All brought to you via Similarweb’s Shopper Intelligence platform.

Electronics

RetailWire

JULY 6, 2024

NASCAR revealed its inaugural electric racecar in downtown Chicago, stirring excitement and debate among fans. The $1.5 million prototype, developed in partnership with Chevrolet, Ford, Toyota, and ABB, marks NASCAR's push towards electrification in racing.

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RetailWire

JULY 6, 2024

Mod Pizza, a prominent fast-casual restaurant chain, is reportedly on the brink of filing for bankruptcy, according to sources behind the scenes of the company and news reports. It's being speculated that the filing of court protection, if it does occur, might begin as early as one week from the onset of the bankruptcy rumors.

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