Wendy's Dynamic Pricing, Amazon's Smart Shopping Carts, Macy's Store Portfolio Changes, and Microsoft's French AI Investment

Welcome to Omni Talk's Retail Daily Minute. Here are today's top stories shaping the retail landscape:

1. Wendy's Dynamic Pricing Initiative: Wendy's plans to introduce dynamic pricing at its company-owned restaurants in 2025, investing $20 million in digital menu boards to enable live price changes. This move aims to enhance value during slower periods by adjusting prices based on factors like demand and weather conditions.
2. Amazon Expands Smart Shopping Carts: Amazon expands its pilot of smart shopping carts to a Whole Foods store in San Mateo, California. These carts utilize sensors to streamline the checkout process, allowing customers to log in with their Amazon or Whole Foods account and automatically charge them upon exiting.
3. Microsoft Partners with Mistral AI: Microsoft announces a partnership with French startup Mistral AI to diversify its sources for chatbots and generative AI beyond its reliance on OpenAI. This collaboration aims to leverage Mistral AI's innovative AI systems and marks Microsoft's strategic move to broaden its AI ecosystem.
4. Macy's Store Portfolio Changes: Macy's announces significant changes to its store portfolio, including the closure of approximately 150 stores deemed unproductive. The company plans to invest in enhancing customer service and revitalizing remaining stores while pursuing strategies like opening smaller suburban locations.

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