Walmart has officially revealed its ambitious vision for the future of shopping—one where traditional search bars are no longer a necessary part of the customer experience. On July 24, the company introduced a comprehensive artificial intelligence roadmap, unveiling a suite of agent-based tools aimed at transforming how people shop, how employees work, how suppliers interact, and how systems are developed. Central to this new initiative is Sparky, an AI-powered customer shop

Target will soon end its long-standing price matching policy that included matching prices from Amazon and Walmart. Effective July 28, the company will limit its Price Match Guarantee to only include its own online platform, Target.com, and promotional pricing available through Target Circle. This shift marks a significant change in how the retailer is approaching competitive pricing and customer loyalty in 2025. Under the new policy, shoppers who buy items in a physical Target st

An Indian woman currently visiting the United States is under investigation after allegedly attempting to shoplift merchandise worth around $1,300, equivalent to approximately Rs 1.1 lakh, from a retail store in Illinois. The incident has gained attention after video footage emerged showing her being confronted by a store employee for trying to leave the premises with a cart full of unpaid goods. Reports suggest the woman spent over seven hours inside the store, during which her u

A steep decline has gripped Indian exchange stocks after the high-profile regulatory crackdown on US-based quant trading firm Jane Street, which was barred from participating in Indian markets earlier this month. In just over four weeks, investors have seen a combined Rs 1.4 lakh crore wiped out in the market capitalisation of BSE and NSE. The cascading impact of regulatory scrutiny, crashing derivatives turnover, and cautious sentiment among brokerages has driven BSE and NSE stocks deep into

American Mattress, a prominent furniture and mattress retail chain headquartered in suburban Chicago, has filed for Chapter 11 bankruptcy protection. The filing, submitted to the U.S. Bankruptcy Court for the District of Delaware, was officially recorded on Sunday. According to documents from the U.S. Department of Justice, the petition was made under the company’s formal business name, AFM Mattress Company LLC. The listed address is in Elk Grove Village, Illinois, and the petition esti

Wawa has filed a lawsuit against the city of Garfield, New Jersey, over a newly amended ordinance that prohibits the convenience store from operating 24 hours a day. The legal action, initiated earlier this month, challenges the city's decision to enforce operating restrictions on overnight business, a move that the company says directly threatens its long-standing service model and investment in the area. The controversy centers around the Wawa store located on Jewell Street,

Rite Aid, the once-prominent national pharmacy chain now navigating Chapter 11 bankruptcy, is preparing to shutter 56 additional store locations across California, bringing the total number of confirmed closures in the state to 235 by 2025. As part of its ongoing financial restructuring efforts, the company is systematically downsizing its retail footprint, with California emerging as one of the hardest-hit states in this process. The latest wave of closures reflects the pharmacy chain’

The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly

Dollar Tree, a major American discount retailer, has issued a warning that its earnings for the second quarter could fall by as much as 50% compared to the same period last year. The projected drop is largely due to increased import costs triggered by newly imposed tariffs on goods from China. The company sources the majority of its merchandise—ranging from disposable tableware, seasonal items, toys, and puzzles to low-cost clothing and accessories—from Chinese manufac

As Memorial Day 2025 approaches, many Americans prepare for a long weekend filled with family gatherings, outdoor activities, and last-minute shopping. Whether you're planning a backyard barbecue or simply want to stock up on supplies, knowing which stores and restaurants are open or closed is essential. Here's a detailed roundup of what will be operating across the U.S. on Memorial Day and which places you’ll want to plan ahead for. Several major retailers will r

Retail giant Kohl’s is preparing to close 27 underperforming store locations across 15 states this Saturday, March 29, as part of its strategic restructuring efforts. Among those closing are five locations in California’s Bay Area, including Fremont, Mountain View, Napa, Pleasanton, and San Rafael. These closures, initially announced in January, reflect the company's focus on optimizing operations and enhancing profitability by addressing performance issues in certain regions whi

The Covid-19 pandemic brought unexpected changes to the lives of millions across the United States. With more people spending time at home, a new trend emerged — the rise of do-it-yourself (DIY) home improvement. From painting rooms to full kitchen remodels, Americans began tackling long-postponed projects, causing a surge in demand for tools, supplies, and renovation advice. Leading home improvement retailers Lowe’s and Home Depot experienced record-breaking growth du

Amazon has officially surpassed Walmart in quarterly revenue for the first time, marking a historic shift in the retail landscape. For over a decade, Walmart has consistently led the industry in revenue generation, but Amazon’s rapid expansion in eCommerce, cloud computing, and advertising has propelled it to the top. During the fourth quarter, Amazon reported a staggering $187.8 billion in revenue, surpassing Walmart’s $180.5 billion. While Wal

JCPenney has recently announced plans to close select store locations by mid-year as part of a targeted response to expiring lease agreements and shifting market conditions. This decision, while affecting only a small portion of its overall network of stores, reflects the company’s broader strategy to adapt to an evolving retail landscape. The closures come at a time when the retail environment is undergoing significant transformation, influenced by c

India's retail inflation saw a slight increase in August 2024, rising to 3.65% from 3.54% in July, as reported by the Ministry of Statistics and Programme Implementation. Despite this marginal rise, the inflation rate remains at its lowest level in nearly five years, a position it last reached in September 2019. This uptick was driven primarily by a significant rise in vegetable prices, which soared by 10.7% compared to a 6.8% increase the previous year. The Consumer Price Index