Tag "Amazon"
AI could have USD 1.6 thousand billion impact in North America by 2030
Retailers could benefit from the use of AI to varying degrees, according to the “2024 AI Readiness Index” of IHL Group. This article is available for reading in Trade magazin...
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Best Global Brands: the most valuable brands in 2024
This autumn global brand consultancy Interbrand unveiled its Best Global Brands 2024 report. The list of the world’s 100 most valuable brands not only highlights the strongest brands, but also...
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Perplexity now competes with the biggest players
AI-powered search engine Perplexity’s shopping assistant, launched in the US, not only allows product search and comparison, but also instant shopping. This article is available for reading in Trade magazin...
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Amazon experiencing bottlenecks in logistics
Ecommerce giant Amazon is currently having capacity problems in its logistics centers in Europe. It is now warning sellers that it cannot accept all shipments. This means that merchants might...
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Most top online sellers in Europe are not European
Of the thousand largest online sellers in Europe, 49 percent have their headquarters on the continent. A majority are based elsewhere, primarily in the United States or China. The share...
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Polish customers want responsible ecommerce
Customers in Poland expect real pro-ecological actions and social commitment from online stores, according to the Chamber of Digital Economy in a new report. According to the government agency, Poland...
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Amazon uses AI to scan products for defects before delivery
Amazon uses AI to detect faulty products before they are delivered. Amazon’s “Project P.I” model (P.I. stands for private investigator) combines generative AI with computer vision to help find defects...
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In Germany, Prime members can now shop for groceries from Knuspr on Amazon
A new online grocery superpower has been formed in Germany, with a partnership between US e-commerce giant Amazon and Knuspr, the German subsidiary of Czech online supermarket group Rohlik. The...
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Amazon launches annual food subscription programme
Amazon is offering an annual food subscription programme for Prime members, as well as an expansion of its home delivery service for users who receive government assistance. The new annual...
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In 2024 the growth of Hungarian e-commerce is already driven by import
This article is available for reading in Trade magazin 2024/10 When we talk about the “Hungarian e-commerce market”, it is important to add what we mean by “market”. A few...
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Amazon launches climate label in Belgium and Sweden
Amazon is expanding its “Climate Pledge Friendly” to Belgium and Sweden, making it easier for customers to filter searches to highlight products with sustainable features. The new label, in the...
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Temu eclipses Amazon in monthly downloads
A new analysis of download data for the Chinese shopping app Temu reveals it is quickly growing in popularity. The Temu app has been downloaded more than 735 million times...
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Amazon’s AI-powered shopping assistant Rufus arrives in the UK
Amazon has launched its AI-powered shopping assistant in the UK after rolling out the feature in the US earlier this year. The new chatbot Rufus, which is initially being launched...
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Amazon orders workers back to office five days a week
Amazon has scrapped its hybrid work policy, with staff forced to return to the office five days per week from January. Announcing the change in a memo to staff, the...
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Amazon reaches milestone in speed of delivery
Amazon has delivered more than 5 billion products worldwide in a single day, and increased its same- or next-day delivery rate by 30% year-on-year, the company announced. Tens of millions...
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Amazon to pilot one-hour delivery in the U.K.
Amazon is testing the viability of Prime Air one-hour drone delivery in a European nation. The e-tail giant is one of six organizations taking part in new trials conducted by...
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Walmart owns the top 5 private label brands
Numerator’s updated Private Label Trends Tracker has found that nearly all U.S. households purchased private label products in grocery, health and beauty, household, and home and garden categories over the last 12 months,...
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Amazon partners with TikTok and Pinterest for social selling
Amazon has partnered with TikTok and Pinterest to allow users to buy products directly through the social media apps. At the moment, this trial is limited to users in the...
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Amazon in AI partnership to help brands measure ad performance
Amazon is collaborating with an artificial intelligence-enabled market insight platform to measure the sales impact of ads across multiple retailers. The e-tail giant and Stackline have rolled out a multi-retailer...
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Amazon has joined the $2 trillion club
Amazon on Wednesday joined the small group of companies with a market value of more than $2 trillion. The e-commerce giant joins Microsoft, Apple, Nvidia and Alphabet, which owns Google,...
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Amazon to launch online store in Ireland next year
Amazon has announced it will launch a new website in Ireland in 2025, in a bid to improve the retail experience for existing and new customers. The Irish website will...
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Bezos Earth Fund Opens Sustainable Protein Centre In North Carolina
The Bezos Earth Fund is confident that its new Bezos Center for Sustainable Protein at North Carolina State University will become a ‘biomanufacturing hub for dietary proteins that are environmentally...
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Amazon AI initiative tackles defective products
Amazon is using artificial intelligence to scan items for defects before they are shipped. An Amazon AI model named “Project P.I.” (the P.I. stands for “private investigator”) uses a combination...
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Retail trade 2023: rationalising consumers, technological development
In this article we try to paint a picture of what happened in retail trade last year. 2023 was a challenging year for the food sector in Europe and overseas....
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Aldi introduces AI-powered checkout-free technology in the US
Germany’s Aldi and its partner Grabango have officially announced the launch of an Aldigo pilot programme, offering checkout-free technology in one of the discount chain’s Chicago stores. This article is...
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Amazon To Invest €1.2bn in France, Create 3,000 Jobs
Amazon plans to invest more than €1.2 billion in its French operations and create more than 3,000 permanent jobs in the country. The French presidency had said on Sunday that...
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Amazon Launches Low-Cost Grocery Delivery Subscription Plan In The US
E-commerce giant Amazon.com has launched a new grocery delivery subscription in the United States for members of its Prime programme and customers who are recipients of the government food assistance...
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Aldi and Grabango announce AI-powered checkout-free tech
Similar to Amazon’s “Just Walk Out” tech, it was rolled out at a store in suburban Chicago German discount grocer Aldi, and its partner Grabango, have publicly announced the launch...
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Temu floods the market with a new strategy
Temu, owned by China’s PDD Holdings, is expanding its marketplace to include sellers with US warehouses to compete with Amazon, reducing delivery times and expanding its product range. Temu, part...
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Walmart leads annual ranking of top 50 global retailers
Két amerikai székhelyű kiskereskedelmi óriás áll az 50 legjobb globális kiskereskedő éves rangsorának élén, amely 2023 eleji működési teljesítményük alapján készült. Megőrizte első helyét a Walmart a National Retail Federation...
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