Latest in Ai Helps Retail
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British retail sales rebound falls short of expectations
Supermarkets performed well in November but clothing stores had tough monthFinancial Times - 2d -
Seeing Low-Income Consumers Squeezed, Retailers Target $10 and Under Gifts
Inflation is still putting pressure on holiday budgets, which means more items with lower price points on shelves.Inc. - 2d -
Increased November Retail Sales Fuel Hopes for Year-End Spending Boom
Better than expected business at U.S. stores raise hopes of even stronger holiday season buying results—ahead of a potential pullback after Trump’s tariffs are applied in 2025.Inc. - 3d -
The retailers living in fear of violent shoplifters
One retailer in Edinburgh's plush Morningside district was knocked to the floor and throttled by a thiefBBC News - 4d -
Treasury yields hold steady after November retail sales, industrial production
Treasury yields finished little changed on Tuesday after stronger-than-expected retail sales for November and an unexpected decline in industrial production last month.MarketWatch - 4d -
YouTube partners with CAA to help celebrities manage digital likeness in AI content
The partnership will give CAA-represented actors and athletes access to YouTube's tools to manage and identify AI content that shows their digital likeness.Los Angeles Times - 4d -
Salt AI raises $3M for AI workflow orchestration
Salt, an AI workflow orchestration firm for enterprises, raised $3 million in seed funding and appointed Aber Whitcomb as CEO.VentureBeat - 4d -
India’s Sebi signals extension of algo trading to retail investors
Also in this newsletter: a massive spam call problem and Sajjan Jindal’s mantraFinancial Times - 5d -
China's November retail sales miss expectations as real estate slump deepens
The latest economic data out of China underscores lingering doubts about consumer spending.CNBC - 6d -
Weak China retail sales add to pressure on Beijing to lift economy
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concernFinancial Times - 6d -
Synthetic data has its limits — why human-sourced data can help prevent AI model collapse
With model degradation, AI development could stall, leaving AI systems unable to ingest new data and essentially becoming “stuck in time.”VentureBeat - Dec. 14 -
She didn’t get an apartment because of an AI-generated score – and sued to help others avoid the same fate
Despite a stellar reference from a landlord of 17 years, Mary Louis was rejected after being screened by firm SafeRent. Three hundred twenty-four. That was the score Mary Louis was given by an ...The Guardian - Dec. 14 -
Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.CBS News - Dec. 12 -
HSBC reviews retail banking outside UK and Hong Kong
Bank could scale back in countries including Mexico as it seeks further cost cutsFinancial Times - Dec. 12 -
AI Can Now Help You Lower Your Tax Bill. Here’s How
A number of investment firms, including Vanguard, Schwab, and Fidelity, now offer automated tax optimization tools that can reduce your tax bill.Inc. - Dec. 12 -
Google Is Testing AI That "Helps" You Play Video Games
AI is already being used by some companies in the production of video games, but now there's an AI that may be able to help people play games. Google is currently testing AI that it says can ...GameSpot - Dec. 11 -
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ServiceNow open sources Fast-LLM in a bid to help enterprises train AI models 20% quicker
ServiceNow open sources AI training breakthrough with Fast-LLM framework promising lower risk, higher experimentation.VentureBeat - Dec. 10 -
Here’s How Google’s New AI Weather Tool Could Help Business Forecasts Too
Predicting the weather isn’t easy, but a new AI tool turns out to be very good at the job. There are surprising implications for many businesses if the Google product goes mainstream.Inc. - Dec. 9 -
Macy’s shareholders clamor for retailer to squeeze value from its real estate, among other changes
Two investors launched a campaign Monday seeking changes at Macy’s that would boost profitability and returns.MarketWatch - Dec. 9 -
How classroom AI Khanmigo can help students in emotional distress
Anderson Cooper spoke to students and a superintendent about how Khan Academy's AI Khanmigo "flags" concerning student activity on the platform, which can lead to an intervention by a mental health ...CBS News - Dec. 8 -
AI-powered tutor tested as a way to help educators and students
Khanmigo, an AI-powered online tutor, could change the way teachers work and students learn. Created by Khan Academy, the new technology is being piloted in 266 school districts.CBS News - Dec. 8 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Cradlewise Smart Bassinet and Crib Review: AI to Help Infants Sleep
The all-in-one bassinet and crib has it all: a baby monitor, a sound machine, and the ability to bounce your baby to sleep.Wired - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
The Secret Weapon Helping Businesses Get Results From AI: Humans
It turns out the latest machines need us as much as we need them.The Wall Street Journal - Dec. 6 -
The stock market’s ‘fear gauge’ is trading at lows. Why retail investors should take note.
The Cboe Volatility Index hasn’t been this low in months.MarketWatch - Dec. 6 -
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How ChatGPT’s Canvas Can Help You Use AI More Productively
Canvas, which is available to OpenAI’s paid subscribers, is a little bit like an AI-powered Google Docs. Here’s how to use it.Wired - Dec. 6 -
GameStop Jumps After Cryptic Post From ‘Roaring Kitty’ Boosts Retail Hype
GameStop’s stock is up around 76 percent so far this year.Inc. - Dec. 5 -
Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears
The retailer hiked its full-year outlook slightly to reflect the better-than-expected results.CNBC - Dec. 6 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
While institutions own 33% of Playtech plc (LON:PTEC), retail investors are its largest shareholders with 48% ownership
Key Insights Playtech's significant retail investors ownership suggests that the key decisions are influenced by...Yahoo Sports - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Encore’s AI-Powered Site Helps You Shop for Vintage and Secondhand Items
Using a blend of GPT-4 and its own computer model, Encore’s natural language search tool can recognize numerous brands, styles, and aesthetics across the web’s many vintage resale sites.Wired - Dec. 4 -
'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.
The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...MarketWatch - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3
