Topic
retail-technology
14 stories related to this topic, newest first.
The Guardianbusiness7 hrs ago
Ocado Co-Founder Received £94m Since 2010 Float as Shares Trade Below Float Price but Market Value Has Doubled
The Guardian reported that Tim Steiner collected nearly £100m from Ocado since its 2010 flotation despite shares falling below the initial price. The company has approached a potential chief executive replacement amid recent partner warehouse closures.
world6 days ago
Ocado Group Names Successor to Chief Executive Tim Steiner
Ocado Group has selected a successor to its co-founder and chief executive. The appointment follows a period of leadership transition planning at the online grocery technology company.
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TechCrunchtechnology25 days ago
Amazon to Test AI-Generated Product Images in Shopping App Search Results
Amazon announced a new feature that displays AI-generated images matching user search queries in its shopping app. The images appear below autocomplete suggestions and link to related search results via visual search.
finance.yahoo.comfinance30 days ago
Starbucks Ends Nine-Month Trial of AI Inventory Tool
Starbucks discontinued an automated inventory system supplied by NomadGo after nine months. The company cited accuracy issues and employee feedback. It has returned to a single manual counting model.
Forbesai35 days ago
Brands Face Three Common Errors Adapting to AI E-Commerce
Forbes outlined three recurring mistakes brands make when shifting from traditional search and product pages to AI-driven shopping interfaces. The article identifies generative engine optimization, chatbot design, and manual ranking overrides as areas where current approaches oft…
satellitetoday.comfinance40 days ago
Radar Raises $170 Million in Series B Funding at Over $1 Billion Valuation
Radar, a hardware and software company that helps retailers track inventory and reduce loss, reached a valuation above $1 billion after raising $170 million. The company works with American Eagle, Gap's Old Navy, and other retailers across more than 1,400 stores.
Benzingaai45 days ago
Starbucks Tests ChatGPT Beta For Drink Recommendations
Starbucks has launched a beta application inside ChatGPT that suggests drinks based on user prompts or uploaded photos. The test occurs as a Harris Poll survey found that only 39% of consumers trust artificial intelligence for purchase decisions. Users can discover drinks through…
New York Postai46 days ago
Walmart Reorganizes Technology Teams, Cutting or Relocating About 1,000 Corporate Roles
The retail giant outlined the changes in a memo sent Tuesday by executives Daniel Danker and Suresh Kumar. The moves follow a review of overlapping teams after Danker was hired last year to lead global AI acceleration efforts. Walmart said the restructuring relates to organizatio…
Fortunefinance46 days ago
Amazon Expands 30-Minute Delivery Service to Multiple Countries
Amazon is offering 30-minute or less delivery of select products for an extra fee through its new Amazon Now service, which first launched in India in June 2025. The company, which introduced two-day delivery for Prime members in 2005, has opened small microhubs stocking about 3,…
Forbesfinance46 days ago
Swap Launches AI Agent Storefronts With Fashion Brands Including Paul Smith
The AI-powered sales channel operates on a dedicated .ai site separate from brands’ main .com stores and is converting at twice the industry rate. Launch partners include Paul Smith, Retrofête, Odd Muse and Studio Nicholson. Chief marketing officer Juan Pellerano-Rendón said the…
pymnts.comtechnology47 days agoUpdated
Amazon Expands 30-Minute Delivery Service to Major U.S. Cities
Amazon Now became officially available to millions of shoppers across the United States on May 12, 2026, after a limited test run. The service is now widely available in Atlanta and Dallas-Fort Worth in addition to Seattle and Philadelphia, with expansions planned for seven more…
YA
finance52 days ago
Ibotta Reports First-Quarter 2026 Results With Revenue Up 31 Percent
Ibotta Inc. posted revenue of $88.1 million in the first quarter of 2026, up 31 percent from a year earlier, as the company added new retail partners and grew its user base. The Denver-based company narrowed its net loss while increasing adjusted EBITDA. Executives highlighted ex…
BBC Newsworld52 days ago
Amazon Starts Drone Delivery Service in UK Town
Amazon has launched the first drone delivery service for retail customers in the UK in Darlington, County Durham. Packages under 5lb containing everyday items are delivered within a 7.5-mile radius of its fulfilment centre in as little as two hours. The company said it can perfor…
BBC Newsworld52 days ago
Amazon Starts First UK Drone Delivery Service in Darlington
Amazon has launched a limited drone delivery service in Darlington, County Durham, becoming the first retailer in the UK to do so. The drones operate within a 12km radius of the company's fulfilment centre and can complete up to 100 deliveries per day. Packages under 5lb containi…