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  1. 1
    UBS sees AI shopping agents reshaping retail●How AI shopping agents could reshape hardline, broadline and food retail - UBS✉newsBusinessRetail2 min ago

    UBS analysts published research arguing that AI shopping agents could significantly reshape hardline, broadline and food retail. The report examines how automated assistants that search, compare and purchase on behalf of consumers may alter how customers find products, shift pricing power and change the role of retailers' websites and brands in the buying process.

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    Reports highlight that many Amazon workers in the United States depend on SNAP food benefits and Medicaid despite being employed, reigniting debate over wages and working conditions at the retail giant. Critics argue the company effectively shifts labor costs to taxpayers, while defenders point to the broader low-wage economy. Amazon has previously said its pay and benefits are competitive.