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Amazon’s Temu Rivalry, 7-Eleven & Why Goldman Sachs Thinks 2025 Is The Year Of The Robot
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In this week’s Omni Talk Retail Fast Five news roundup, sponsored by the A&M Consumer and Retail Group, Ownit AI, Avalara, Mirakl, and Ocampo Capital, Chris and Anne discuss:
- Amazon setting aggressive price targets for its rival online store to Temu and Shein (Source)
- 7-Eleven’s “New Standard” format which it plans open across 600 new stores (Source)
- Simbe’s $50 million Series C funding round led by Goldman Sachs Alternatives (Source)
- Wayfair’s new paid subscription loyalty program (Source)
- And closed with a discussion inspired by Marks & Spencer around the now, next, and future of self-checkout within the fitting room (Source)
There’s all that, plus Doug Tiffan from AWS stops by for 5 Insightful Minutes about AI investments in the fashion & apparel space, along with pre-fab housing, waltzing, and basketball stories from when Chris was a strapping young lad.
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