Skip to main content

Industry News

1301 articles

20 items
Industry NewsMassmarketretailers

Walmart Holds Annual Shareholders’ Meeting and Officially Welcomes New CEO

At its annual shareholders’ meeting, Walmart announced the completion of its leadership transition, with John Furner becoming CEO. Revenue exceeded $713 billion in fiscal 2026, while global ecommerce grew 24%. The company said it will continue investing in AI and omnichannel retail.

Industry NewsPrnewswire

Amazon Announces Prime Day 2026 for June 23–26

Amazon has confirmed that this year’s Prime Day will begin on June 23 and run for four days. With the AI shopping assistant Rufus becoming a key product-discovery driver, sellers should optimize listings early because AI indexing takes time.

Industry NewsPrnewswire

Amazon Confirms Prime Day 2026 for June 23–26

Amazon has officially announced that this year’s Prime Day will begin on June 23 and run for four days. The event is earlier than in previous years, while its AI shopping assistant has become a core driver of product discovery. Sellers must complete Listing optimization and promotional planning within the next three weeks.

Industry NewsWalmart

Walmart Holds Annual Shareholders’ Meeting as New CEO Takes Office

Walmart announced at its annual shareholders’ meeting that John Furner has formally become CEO. Company results showed strong global e-commerce growth of 24% and total revenue exceeding $713 billion. Walmart said it will continue increasing investment in AI to reinforce its global omnichannel retail position.

Industry NewsWtvb

Pinterest Deepens Amazon Partnership with $4 Billion Cloud Services Deal

Pinterest and Amazon AWS have signed a long-term cloud services agreement worth $4 billion. Pinterest will use AWS custom chips and AI infrastructure to accelerate upgrades to its advertising suite and personalized search features as it responds to competition from platforms such as TikTok.

Industry NewsTalkbusiness

Walmart Holds Annual Shareholders’ Meeting and Officially Welcomes New CEO

Walmart completed its leadership transition at its annual shareholders’ meeting, with John Furner formally taking over as CEO. Former CEO Doug McMillon will serve as a consultant for the next year to support a smooth transition. The personnel change marks a management adjustment during Walmart’s retail strategy transformation.

Industry NewsMorningstar

Bank of America to Launch Cross-Border Real-Time Payments Solution

Bank of America announced that it will launch a cross-border real-time payment service next quarter to provide business customers with faster, more transparent, and lower-cost international fund transfers. The service will support high-frequency, low-value B2C payments, serving the collection needs of cross-border ecommerce sellers and payments in the gig economy.

Industry NewsPrnewswire

PaidBy Partners with Mastercard to Scale Cross-Border Account-to-Account Payments

PaidBy and Mastercard announced a strategic partnership to promote the global adoption of cross-border account-to-account (A2A) payments through open-banking technology. The partnership will allow consumers to pay in local currencies while providing merchants with simplified cross-border settlement and reconciliation services.

Industry NewsPymnts

Bank of America to Launch Cross-Border Real-Time Payments Solution

Bank of America announced that it will launch a cross-border real-time payments solution next quarter, supporting Swift and CashPro platforms. The service is designed to provide more transparent and lower-cost settlement for high-frequency cross-border payment use cases, including ecommerce sellers.

Industry NewsPymnts

Walmart’s Drone Deliveries Surpass 1 Million

Walmart announced that its drone delivery service has completed more than 1 million deliveries, with an average delivery time of just 23 minutes. Walmart can now provide 30-minute rapid delivery to 60% of households in the United States.

Industry NewsGotrade

Amazon Moves Prime Day to June and Introduces Proteus Robots

Amazon will hold its annual Prime Day from June 23 to 26, earlier than usual, to capture summer demand. The four-day event comes as Amazon accelerates deployment of Proteus robots in European warehouses to improve logistics efficiency. Analysts expect Amazon’s U.S. e-commerce market share during the period to reach its highest level since 2019.

Industry NewsFxnewsgroup

Bank of America to Launch Cross-Border Real-Time Payments Solution

Bank of America announced plans to launch a cross-border real-time payments solution, enabling businesses to make instant fund transfers through Swift or the CashPro platform. The service is designed to address common cross-border payment challenges, including limited transparency, high costs and slow settlement, with applications such as ecommerce seller payouts.

Industry NewsFxnewsgroup

Bank of America to Launch New Cross-Border Real-Time Payments Capability

Bank of America announced a new cross-border real-time payments capability aimed at addressing slow speeds and high costs in global payments. The solution will cover use cases including ecommerce marketplace seller payments and is expected to improve the efficiency and transparency of cross-border settlements, supporting global trade.

Industry NewsFxnewsgroup

Bank of America to Launch Cross-Border Real-Time Payment Solution

Bank of America announced plans to launch a cross-border real-time payment service next quarter, aiming to provide businesses and ecommerce platforms with more transparent, lower-cost settlement as global payment demand grows rapidly.

Industry NewsRetaildive

Amazon Opens AI Shopping Assistant Technology to Other Retailers

Amazon has begun offering its AI shopping assistant technology to external retailers, aiming to help brands quickly build AI-powered shopping guidance services. The move signals Amazon’s shift from a single platform toward becoming a retail technology provider.