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Robots Are Just One Way Big-Box Retail Is Driving Innovation

PYMNTS

Big-box retail is getting a refresh for 2020, at least in some parts. The big-box membership retail store saw its sales continuously rise throughout the holiday season, according to a report by The Wall Street Journal. With 95 percent of shoppers preferring to buy produce in-store, the department is an important one for retailers.

Retail 130
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Walmart Launches Grocery-Picking Robot

PYMNTS

The technology was secretly being piloted at a Supercenter in Salem, New Hampshire, which will serve as Alphabot’s home base. With 95 percent of shoppers preferring to buy produce in-store, the department is an important one for retailers. A Walmart associate then checks, bags and delivers the final orders.

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New Tech Combines To Make Grocery Shopping More Innovative

PYMNTS

The grocery battles are heating up in retail, and that is sparking innovation and could lead to even more disruption. Some of that was on display at the NRF retail show in New York City earlier this week. Big retail chains are part of those efforts, and that includes Walmart. Walmart’s Big Move.

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Walmart-Amazon Whole Paycheck Tracker: Connected Commerce, Grocery Bot And GrubHub Rumors

PYMNTS

But Amazon wasn’t the only one rolling out new things this week; team Walmart was keeping it competitive on the technological front. That robots will become an increasingly large part of the retail experience, particularly on the backend, is at this point, well-established conventional wisdom.

Las Vegas 131
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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. He said the technology is a “new era in commerce. And that was just the serious stuff.

Arkansas 109
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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

He mocks himself for making mistakes, and sings the praises of Berkshire’s army of CEO-managers. Management. Each manager, in other words, would receive a portion of the company’s profits less the amount that they spent, in terms of capital, to generate those profits — a reminder to all that capital was not without costs.

Omaha 78