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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. Bloomberg reported Thursday (Aug.

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Walmart Bot Strategy Is Not To Use Them

PYMNTS

The company is about to dump millions into tech upgrades, but the real investment it’s making is in human capital. When the discount department store exploded on the market in the 1990s, three decades after its inception by Sam Walton, it played a major role in shaping the retail market for many years to follow.

Strategy 109
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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 company is testing its workplace program at mainly smaller supercenters along with the company’s Neighborhood Markets. billion in the year prior.

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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 It was given a “breakthrough device designation” to expedite the process of bringing the product to market. Apart from use by the FDA to monitor post-marketing drug safety, RWE can help design better clinical trials and new treatments in the future. of the time.

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

CB Insights

Consumer channels: online vs in-store. Bridging online and offline retail. E-commerce giants Amazon and Alibaba are may use big data and AI to implement end-to-end solutions that focus on the overall retail experience (both online and offline). Manufacturing: Bringing a product to market. Supply chain & logistics.

Retail 78