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Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?

PYMNTS

“Buy a car entirely online, and have it safely delivered, contact-free.” So goes the pitch at online car-buying platform Vroom , which is turning to artificial intelligence (AI) and machine learning (ML) to further accelerate the transformation of the used car business. Marketing Cars Online.

Louisiana 242
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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

The move comes the company is investing in refurbishing stores, rolling out faster shipping for eCommerce orders and offering store pickup as well as online grocery delivery. The paper also reported that the impetus of the move wasn’t cost savings, but meeting changing online shopping habits as well as staff demands.

Retail 100
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The Amazon Walmart Whole Paycheck Tracker: Powering Up In-Store Pickup

PYMNTS

Amazon’s ongoing war with counterfeiters carries on … Securing the Shop: Amazon Takes Counterfeiters To Court . Customs and Border Protection agency, which had seized a shipment of 300 counterfeit Steelie brand car mounts. Big Play of the Week: SNAP Comes To All Online Grocery Pickup.

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The Whole Paycheck Tracker: Walmart vs. Amazon

PYMNTS

There is a possibly apocryphal story of Amazon’s early days (around 2001) where Founder Jeff Bezos was invited to Bentonville, Arkansas to discuss the possibility of Walmart purchasing his still young – and, at this point, struggling – online bookstore. Customers will also be able to use the service online at Walmart.com.

Retail 101
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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Online bookkeeping service. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). Tags: Consumer, payments, brands: TOT Group, Unified Payments, Aptito, TOT Money. Source: Finovate. Net Element. Mobile payments. Latest round: $20 million Post-IPO Equity ($5 mil) and Debt ($15 mil). Total raised: Unknown (NASDAQ: NETE).