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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining

PYMNTS

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. Also last year, Walmart shuttered its Jet.com eCommerce website and phased out the brand.

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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

The company is testing its workplace program at mainly smaller supercenters along with the company’s Neighborhood Markets. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year. billion for its stores in comparison to $1.63 billion in the year prior. Louis, Tampa and New York.

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This Time, We Want You To Drink The Kool-Aid

PYMNTS

We have a significant level of awareness,” said Andrew Louie, brand manager of refreshment beverages at Kool-Aid’s modern corporate parent company, Kraft. The brand continues to be extremely popular, even though it’s over 50 years old.”. Sometimes, though, Kool-Aid has been popular in the wrong way.

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The Whole Paycheck Tracker: HQ Enhancements, Empathetic AI And Special Guest Bernie Sanders

PYMNTS

Alexa’s reach is long and getting longer, now integrated into 100,000 smart home devices in the market. cities could compete, Walmart’s construction of a new HQ in Bentonville Arkansas has been a comparatively quiet affair. Given the giant mega-force in capitalism Walmart is — and how very little patience presidential candidate Sen.

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Amazon Walmart Whole Paycheck Tracker: Better Delivery By Any (And Every) Means

PYMNTS

This week was one of the latter, as Walmart hosted its investor meeting in Arkansas and Amazon decided this week’s menu of technological innovations in retail would be an all-you-can-eat buffet. The federal minimum wage is lagging behind,” McMillon said at Walmart’s annual shareholders meeting in Bentonville, Arkansas on Wednesday (June 5).

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The AI Industry Series: Top Healthcare AI Trends To Watch

CB Insights

In the private market, healthcare AI startups have raised $4.3B Big pharma’s AI re-branding . It was given a “breakthrough device designation” to expedite the process of bringing the product to market. Big pharma’s AI re-branding. Even pharma companies are experimenting with deep learning to design new drugs.

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Retail’s Adapt-Or-Die Moment: How Artificial Intelligence Is Reshaping Commerce

CB Insights

We looked at the different stages in bringing a product to market, from manufacturing to delivery, and how companies are using AI-enabled automation — including facial recognition, demand forecasting, and computer vision-based robots — to enhance each of these stages. Manufacturing: Bringing a product to market.

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