Are Major Brands Turning to AI for Strategy and Innovation?"
Walmart's AI Fashion Leap: Walmart has introduced a new artificial intelligence tool called "Trend-to-Product" to accelerate the rollout of fashionable clothing items, reducing the timeline from six months to just six weeks.
Etsy's Tariff Shield: Etsy has clarified the eligibility criteria for its Purchase Protection program, ensuring that qualified sellers are not responsible for refunds if buyers refuse to pay tariffs upon delivery.
Bonanza's Fee Hike: Online marketplace Bonanza is raising commission fees from 3.5% to 11% and imposing new fees on larger-volume shops starting May 1, 2025.
Amazon's Trust Challenge: A global study by KPMG and the University of Melbourne revealed that over half (57%) of workers conceal their use of AI from their employers, highlighting trust issues in AI adoption.
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