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WeWork Rolls Out Retail Form

PYMNTS

WeWork – the ever expanding office-sharing mega-firm- is officially kicking off its launch into retail. The firm has already opened co-living communities in New York and Washington DC. And, according to Chain Store Age reports – it comes with an audience pre-built in. It’s name? WeLive, of course.

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Macy’s Bolsters Omnichannel Tech, Taps Into Subscriptions

PYMNTS

The department store retailer bolstered its omnichannel efforts while opening a distribution center for its off-priced business that taps into cloud computing technology; however, it struggled with inventory during the quarter. The collaborations allowed Macy’s to offer unique products and experiences to shoppers.

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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

Meanwhile, nearly 5 million retail workers are at a medium risk of automation within 10 years. With the emergence of industry-specific AI, the effects of automation — initially felt in manufacturing — are seeping into retail sales, restaurants, e-commerce, marketing, and even software development. Retail salesperson (4.6M).