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Ulta Beauty AI Personalization Drives Double-Digit eCommerce Surge

Digital upgrades and artificial intelligence contributed to Ulta Beauty’s better-than-planned financial performance in the fourth quarter, Ulta Beauty President and CEO Kecia Steelman said Thursday (March 12) during an earnings call. The specialty beauty retailer saw...

Amazon May Move Prime Day to Late June

Amazon plans to hold its annual Prime Day sale a month earlier, scheduling it for late June this year rather than July as it did last year, Bloomberg reported Thursday (March 12), citing unnamed sources. Reached by PYMNTS, Amazon declined to comment on the report. The...

Wonderful Raises $150 Million to Help Enterprises Deploy AI Agents

Enterprise artificial intelligence agent platform Wonderful raised $150 million in a Series B funding round to accelerate its global expansion. The round valued the company at $2 billion, it said in a Thursday (March 12) blog post. Wonderful offers enterprises both an...

Proprietary Data Shields Software Leaders From AI Disruption, S&P Says

S&P Global Ratings said artificial intelligence (AI) is likely to impact software companies on a case-by-case basis rather than causing a sector-wide decline in credit ratings, Bloomberg reported Thursday (March 12). The software companies most at risk of credit...

Anthropic, Google and OpenAI Bet Big on India

Silicon Valley’s leading artificial intelligence companies are rapidly expanding their presence in India as they compete for access to what may be the world’s most important growth market for AI outside China. The shift reflects a broader realization within the...

Petco Bets on Highly Engaged Pet Parents to Ignite Growth

Petco plans to expand the range of consumables, supplies and services it offers for pets as it moves into the next phase of its operational plan, shifting its focus from cost savings to growth, Petco CEO Joel Anderson said Wednesday (March 11) during the company’s...

Amazon Injunction Could Change the Future of Agentic Commerce

Amazon won an early legal victory this week when a federal judge issued a preliminary injunction blocking Perplexity from using the Comet browser’s artificial intelligence shopping agent to access password-protected parts of Amazon’s site and make purchases on behalf...

Walmart-Backed Flipkart Readies Mumbai IPO

Flipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported Wednesday (March 11), citing unnamed sources. The Walmart-backed firm...

Stitch Fix Clients Seek New Sizes as GLP-1 Use Climbs

Stitch Fix used its fiscal second-quarter earnings call to highlight how artificial intelligence and data-driven personalization are reshaping the way consumers discover and purchase apparel on its platform. The company described a retail model powered by algorithms,...

Perplexity Computer Uses Plaid Data to Personalize Financial Management

Perplexity has added deeper capabilities for financial research to its cloud-based agent product, Perplexity Computer. The company added these capabilities to Perplexity Finance, the data and analysis layer underneath Computer, it said in a Wednesday (March 11) blog...

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