Starbucks Sells 60% of China Business, Amazon Sues Perplexity Over AI Shopping Agent & Penny Production Halt Scrambles Retailers

06/11/2025 6 min Temporada 2 Episodio 176
Starbucks Sells 60% of China Business, Amazon Sues Perplexity Over AI Shopping Agent & Penny Production Halt Scrambles Retailers

Listen "Starbucks Sells 60% of China Business, Amazon Sues Perplexity Over AI Shopping Agent & Penny Production Halt Scrambles Retailers"

Episode Synopsis

Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl. In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:Starbucks sells 60% stake in its China operations to Boyu Capital for $4 billion, retaining 40% ownership while partnering to operate nearly 8,000 stores.Amazon sues Perplexity AI to stop the startup's Comet browser agent from making purchases on its platform, setting up a precedent-setting legal battle over the reach of agentic AI in e-commerce.U.S. retailers scramble as penny production halts under Trump's directive, forcing stores to round cash transactions amid lack of federal guidance and conflicting state laws on exact change.The Retail Daily Minute has been rocketing up the Feedspot charts, so stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!

More episodes of the podcast Retail Daily Minute