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Top story 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.

full coverage →airetail-mediaecommerce
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.

full coverage →amazonaiecommerce
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.

full coverage →restaurantsearningsconsumer-spending
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.

full coverage →restaurantsearningsfood-safety
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%.

full coverage →ecommerceearningshome-goods
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.

full coverage →retail-saleshong-kongmacro
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.

full coverage →holiday-shoppingretail-salesmacro
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.

full coverage →walmartautomationsupply-chain
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.

full coverage →retail-salesukmacro
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.

full coverage →amazonlayoffsretail
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.

full coverage →footwearearningsapparel
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