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A retail tech arms race is imminent

A retail tech arms race is imminent

If Walmart, which continues to invest heavily in artificial intelligence and other advanced technology, saw the need to join forces with OpenAI, it’s likely other major retailers that intend to maintain their standing in the marketplace will follow suit.

Consumers are resilient, and divided

Consumers are resilient, and divided

Across income levels, shoppers are making deliberate trade-offs — trading restaurants for home cooking, premium brands for store brands, and full-price retailers for discount grocers.