Amazon CEO cites AI, speed, costs, ads in shareholder letterAndy Jassy, president and CEO of Amazon Inc., sounded optimistic in his review of 2023 in an annual letter to the company’s shareholders. Amazon to invest $25 million in AI researchAmazon continues pledging resources to support the development of artificial intelligence (AI), including an expansion of its collaboration with Nvidia. Allbirds threatened with delisting Allbirds is at risk of being delisted from the Nasdaq Stock Market (NASDAQ) amid a tumbling stock price. eBay sells vault, buys auction house for collectibles eBay is making some changes in how it serves sellers and buyers of collectible merchandise. Walmart to expand clean energy usage in Michigan Walmart Inc. is moving forward with its clean energy transformation strategy. Macy’s accepts two directors from investor group seeking acquisition A company that is part of an effort to buy Macy’s and take it private now has two nominees placed on the department store retailer’s board of directors. First new JCPenney store in eight years officially opens for business The Willowbrook Mall’s new anchor is welcoming shoppers. Survey: Chargeback fraud becoming harder to dispute Chargebacks are on the rise, and a majority of retailers are leaving a portion of them undisputed, leading to decreased profits. Batteries Plus continues aggressive expansion Batteries Plus has ambitious expansion plans for the remainder of 2024 — including putting down roots in new territories. Aldi, Lidl continue gaining visitors, but different ones The low-cost chains are both thriving, although with different demographics, as consumers look to save on groceries. First Previous 55 56 57 58 59 Next Last