Albertsons Withdraws 2026 Forecasts as Grocer Launches Turnaround Plan
Albertsons (ACI.N) has withdrawn its fiscal 2026 financial forecasts as the US grocery retailer launches a comprehensive business review aimed at cutting costs, lowering prices and reversing sluggish sales. The company is facing cautious...
AI Spots Fake “Made in USA” Labels, Retailers Yet to Act: Study
A new study has found that the AI shopping assistants of Amazon and Walmart can often identify false “Made in USA” claims on products, but the retail giants are not fully using the technology...
Amazon Expands Ultra-Fast Delivery With 1-Hour and 3-Hour Shipping Across U.S.
Amazon is accelerating its push into ultra-fast delivery, rolling out 1-hour and 3-hour shipping options across multiple U.S. markets, including Los Angeles and Chicago, as it intensifies competition with retail rival Walmart. The move...
Walmart removes guns and ammunitions from its stories in the US
Walmart, the retail chain conglomerate based in the United States, has removed guns and ammunitions from display in thousands of its stores. The decision has been taken citing concerns of civil unrest. Though the...