Amazon Grocery Shake-Up and US Inflation Hits 3.7% - Daily Retail Briefing
Amazon grocery storefronts for individual retailers are closing on Amazon.com, while US inflation reaches 3.7% and Adobe finds 49% of AI shopping assistant users have abandoned a purchase over conflicting product information. For retail leaders, today's briefing is about control: of the channel, of your product data, and of assets like Bluewater, where Landsec now holds 74%.
00:00 Intro
00:06 Landsec takes Bluewater stake to 74%
00:32 Adobe: 49% of AI shoppers abandon purchases
01:00 AliExpress launches free Elite membership
01:21 US inflation rises to 3.7%
01:43 Amazon closes retailer…
The skinny
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