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10/16/2018

Google's Pixel 3 is underlining the usefulness of artificial intelligence in smartphones, as the phone itself seems designed to serve AI functions, write Khari Johnson and Kyle Wiggers. Meanwhile, Brian Heater delves into the hardware changes for the new device, including a larger 5.5-inch screen, dual-facing front cameras and wireless charging.

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Brian Heater, AI, Google
10/16/2018

Best Buy has grown its home appliance market share in recent years, and this week's bankruptcy filing by Sears could bring the electronics retailer even more big-ticket sales. The retailer has expanded its appliance offerings since buying Pacific Kitchen and Home in 2006, and it now sells upscale brands including Viking.

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Best Buy, Sears
10/16/2018

Sears has released the list of the additional 142 namesake and Kmart stores that will close this year as part of the retailer's bankruptcy restructuring. The roster includes two stores in the Twin Cities market, leaving the region with just one full-line Sears store at the Mall of America.

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Sears, Mall of America, Kmart
10/16/2018

Teen accessories retailer Claire's has emerged from bankruptcy reorganization with $1.9 billion less debt and $575 million in new funding, the company said Monday. The retailer filed for bankruptcy in March with 7,500 international stores and emerges with 2,471 locations in North America and Europe.

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Fortune
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Claire
10/16/2018

Closed Loop Partners, a multimillion-dollar waste management fund, will receive an investment of $10 million from Amazon. The effort calls for preventing 1 million tons of recyclables from reaching landfills and expanding curbside recycling programs to roughly 3 million US homes, all by 2028.

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Closed Loop Partners, Amazon
10/16/2018

Kroger will launch a pilot project in 14 states to provide home delivery of wine in a partnership with Drink Holdings. The service, which delivers 6- or 12-bottle assortments, is expected to expand beyond its initial launch area in the coming months.

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Kroger
10/16/2018

Google is working with e-commerce players, including Flipkart and Paytm, to introduce its Shopping tab in India before the end of the year, sources said. The tab will let users search for products and direct them to sites where they can purchase the items.

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Google, Flipkart
10/16/2018

Wayfair is a pure-play online retailer that also uses old-fashioned print catalogs to woo prospective new shoppers and give customers another way to browse. A growing number of retailers, from traditional players like J.C. Penney to digital-first merchants like Bonobos, are investing in catalogs.

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Digiday
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J.C. Penney, Bonobos, Wayfair
10/16/2018

Levitron has announced its Intellect controls platform, which allows users to control smart bulbs. Intellect is the company's fifth brand, on top of its Birchwood, Intense, ConTech and JCC.

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Digital Trends
10/16/2018

Smartfrog has invested $25 million in smart security startup Canary, which gives the company a controlling interest in the firm. Former Canary CEO Adam Sager will take on an advisory role, while Smartfrog CEO Charles Fraenkl will lead both companies.

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TechCrunch
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Canary