Sat.Jul 06, 2024

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AI-Powered Bullet Vending Machines Debut in Oklahoma and Alabama

RetailWire

A new retail platform has emerged in Oklahoma and Alabama: AI-powered vending machines that dispense bullets. These machines, developed by American Rounds, are located in supermarkets and use advanced technologies like artificial intelligence and facial recognition to ensure buyers meet legal age requirements. Other than that, they operate like any other generic vending machine that would have normally stocked and dispensed toys, candy, snacks, drinks, and other similar fare.

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The Four Ps of Retail Business: Mastering the Basics of Retail for Your Business

RetailMinded

Did you know? Over 90% of companies channel their efforts into mastering the Four Ps to establish a robust presence in today’s digital marketplace. Stay with us as we guide you through the journey of building a successful retail business with the right strategies and a deep understanding of the retail sector. What Are the 4 Ps of Retail Management?

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Costco Must Pay $2M Over Misleading Flushable Wipes

RetailWire

Costco has agreed to a $2 million settlement in response to a class action lawsuit alleging the false advertising of its Kirkland Signature Moist Flushable Wipes. The lawsuit, representing customers who purchased the wipes in New York between July 1, 2011, and May 31, 2017, claims that the wipes were not actually flushable and instead ended up causing significant damage to people's plumbing and septic systems.

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Tesla Unveils Optimus Robot at Shanghai AI Conference

RetailWire

At the World Artificial Intelligence Conference in Shanghai, Tesla introduced its second-generation Optimus humanoid robot. Despite being marking one of the few American AI innovations on display at the event, the Optimus robot drew significant attention. However, the Optimus humanoid robot remained encapsulated in a rectangular glass display case and was not turned on to showcase any of its functionalities.

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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision

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NASCAR Unveils First Electric Racecar

RetailWire

NASCAR revealed its inaugural electric racecar in downtown Chicago, stirring excitement and debate among fans. The $1.5 million prototype, developed in partnership with Chevrolet, Ford, Toyota, and ABB, marks NASCAR's push towards electrification in racing.

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Mod Pizza Rumored to Be Nearing Bankruptcy

RetailWire

Mod Pizza, a prominent fast-casual restaurant chain, is reportedly on the brink of filing for bankruptcy, according to sources behind the scenes of the company and news reports. It's being speculated that the filing of court protection, if it does occur, might begin as early as one week from the onset of the bankruptcy rumors.