Retail Daily Minute

Wendy's Dynamic Pricing, Amazon's Smart Shopping Carts, Macy's Store Portfolio Changes, and Microsoft's French AI Investment


Listen Later

Welcome to Omni Talk's Retail Daily Minute. Here are today's top stories shaping the retail landscape:

  1. Wendy's Dynamic Pricing Initiative: Wendy's plans to introduce dynamic pricing at its company-owned restaurants in 2025, investing $20 million in digital menu boards to enable live price changes. This move aims to enhance value during slower periods by adjusting prices based on factors like demand and weather conditions.
  2. Amazon Expands Smart Shopping Carts: Amazon expands its pilot of smart shopping carts to a Whole Foods store in San Mateo, California. These carts utilize sensors to streamline the checkout process, allowing customers to log in with their Amazon or Whole Foods account and automatically charge them upon exiting.
  3. Microsoft Partners with Mistral AI: Microsoft announces a partnership with French startup Mistral AI to diversify its sources for chatbots and generative AI beyond its reliance on OpenAI. This collaboration aims to leverage Mistral AI's innovative AI systems and marks Microsoft's strategic move to broaden its AI ecosystem.
  4. Macy's Store Portfolio Changes: Macy's announces significant changes to its store portfolio, including the closure of approximately 150 stores deemed unproductive. The company plans to invest in enhancing customer service and revitalizing remaining stores while pursuing strategies like opening smaller suburban locations.

Stay tuned daily with Omni Talk's Retail Daily Minute for updates on the latest retail innovations and transformations and don't forget to use our code "OMNITALK" to save on Shoptalk! #RetailInnovation #DynamicPricing #SmartCarts #AI #StorePortfolio 🛒💡🤖

...more
View all episodesView all episodes
Download on the App Store

Retail Daily MinuteBy Omni Talk Retail

  • 5
  • 5
  • 5
  • 5
  • 5

5

7 ratings


More shows like Retail Daily Minute

View all
Planet Money by NPR

Planet Money

30,667 Listeners

Marketplace by Marketplace

Marketplace

8,765 Listeners

Coaching for Leaders by Dave Stachowiak

Coaching for Leaders

1,472 Listeners

The Daily by The New York Times

The Daily

112,751 Listeners

Up First from NPR by NPR

Up First from NPR

56,508 Listeners

Omni Talk Retail by Omni Talk Retail

Omni Talk Retail

102 Listeners

The Best One Yet by Nick & Jack Studios

The Best One Yet

9,628 Listeners

The Daily Stoic by Daily Stoic | Backyard Ventures

The Daily Stoic

4,924 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

3,002 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,533 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,157 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,355 Listeners

Retail Daily by Retail Daily

Retail Daily

10 Listeners

Retail Fast Five by Omni Talk Retail

Retail Fast Five

4 Listeners

Retail Technology Spotlight Series by Omni Talk Retail

Retail Technology Spotlight Series

2 Listeners