AI shopping agents threaten Amazon and Walmart's $74B retail ad business, Reuters analysis finds
Shopping agents that research and buy on consumers' behalf could bypass the sponsored listings that anchor retail media revenue at the two largest US retailers.
WTVB · +8 outlets
Amazon rolls out Shop Direct Merchant Workspace, letting outside stores sell via Alexa for Shopping
Amazon is opening its AI shopping assistant to third-party merchants as Alexa shopping reaches a reported 400 million users.
About Amazon · +4 outlets
McDonald's US same-store sales fall 0.2% in Q3 on weak traffic
The decline underscores pressure on lower-income diners as the chain tests entry-level mix-and-match bundles to restore visit frequency.
Restaurantdive · +14 outlets
Yum says Taco Bell rebounding after cyclosporiasis outbreak hit Q3 sales, KFC turnaround continues
The outbreak pulled Taco Bell's US sales lower, ending a multi-quarter streak even as Yum reported better-than-expected overall Q3 sales.
Restaurantdive · +8 outlets
Wayfair posts strongest growth quarter since the pandemic, revenue up nearly 10%
The furniture retailer said it gained share in a sluggish home category, with active customers up 4.7%.
Retaildive · +14 outlets
Hong Kong September retail sales rise 6.4% year on year, extending growth streak
Local demand and inbound tourism are driving the 17th straight month of gains in the city's retail sector.
TradingView · +11 outlets
Costco October sales grow double digits, outpacing broad retail again
The warehouse club continued to win share as consumers concentrate spending on value formats.
TradingView · +3 outlets
Cava Q3 same-store sales growth moderates as traffic gains fade
Like Starbucks, the fast-casual chain saw its first-half traffic surge cool, with pricing and mix driving most of the quarter's growth.
Restaurantdive · +1 outlets
Elf Beauty sees Q2 sales boost from marketing and Europe expansion
The cosmetics company is leaning on international growth as US beauty demand normalizes.
Reuters · +2 outlets
US holiday retail sales projected to top $1 trillion for the first time
The forecast sets a record spending bar for the year-end season as retailers compete on promotions and hours.
AZ FREE NEWS · +13 outlets
Walmart commits roughly $6 billion to automate 25 US distribution centers with Symbotic
The investment extends the retailer's multiyear push to cut fulfillment costs through warehouse robotics.
MarketScale · +10 outlets
UK retail sales grow 4.6% in October, strongest since January 2025
The pickup signals improving consumer momentum in Britain heading into the holiday period.
Insight DIY · +7 outlets
Amazon retail layoffs hit nearly 100 Washington state workers, filings show
The cuts come as Amazon's CEO touts record margins and retail gains, with shares up on the AI commerce push and AWS outlook.
The Business Journals · +14 outlets
Adidas Q3 highlights a lifestyle footwear market that needs to 'normalize'
CEO Bjorn Gulden said growth will not resume until the market clears excess inventory.
Retaildive · +6 outlets
Hydro Flask and Osprey owner Helen of Troy receives unsolicited $1.6B buyout proposal
Empower Brands offered $37 per share, alleging the board destroyed shareholder value.
Retaildive · +2 outlets
Lidl's Deluxe range passes GBP 1 billion in sales for the first time
Growth in premium own-label lines is helping the discounter take share from traditional UK grocers.
Retail Week · +2 outlets
Google plans to expand wallet into digital agentic retail hub for receipts and refunds
The tech giant wants its wallet to track orders and arrange refunds, moving deeper into e-commerce infrastructure.
Retaildive · +1 outlets
Revolve Q3 earnings miss as rising costs offset strong sales growth
The online fashion retailer posted solid top-line growth but margin pressure weighed on results.
TradingView · +1 outlets