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How AI is trying to solve retail’s returns problem

Sagar1 month ago06 mins

Moment Makers Group | Istock | Getty Images It pinches here; drags there; the draping is wrong. These are some of the examples of the feedback a new crop of artificial intelligence apps might give a prospective customer trying on clothing ahead of a purchase, and in the process reduce the chances of a product…

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  • Business

OpenAI’s first try at agentic shopping stumbled. It’s trying again

Sagar2 months ago08 mins

Inkoly | Istock | Getty Images When OpenAI announced its Instant Checkout feature last fall, retailers sprang into action.  Etsy, Walmart and Shopify quickly lined up to let users buy merchants’ products directly within its ChatGPT chatbot. Suddenly, the e-commerce world was fixated on shopping agents, the artificial intelligence tools that can make purchases on…

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  • Business

EBay laying off about 800 roles, or 6% of its workforce

Sagar3 months ago02 mins

eBay’s headquarters in San Jose, California, U.S. Bloomberg |  Getty Images EBay said Thursday it is cutting about 800 roles, or 6% of its workforce, in the latest round of layoffs at the e-commerce company. “We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect…

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How Gen Z nostalgia for 2016 may revive Abercrombie & Fitch

Sagar3 months ago08 mins

If you’ve been online the past month at all, you likely encountered at least one hyper-saturated, neon-colored throwback post captioned somewhat along the lines of: “2026 is the new 2016.” What started as a social media meme could be lighting the fire for a broader shift in the cultural zeitgeist that might also boost retail…

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  • 10-year Treasury yield hits new high for the year after very hot producer prices reading
  • Will there be a lockout? Is a salary cap coming? G…
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  • Jamie Dimon says JPMorgan may rethink London office if Starmer ousted

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