Retail news

• Amazon faces investor pressure over AI risks

  19-05-2024 23:17 via retailgazette.co.uk
  
  Amazon has faced calls from investor Abrdn to step up monitoring its use of AI ahead of the retail and tech giant’s AGM this week.
  Abrdn, one of the UK’s biggest fund managers that has a £1bn stake in the online retailer, has urged it to set up a committee of independent directors to deal with the impact of its AI usage on human rights
  The investor is concerned about the risk of scandals or oversights at Amazon hitting its investment, according to The Sunday Times.
  Previously,
  
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• M&S apologises after website and app outage

  19-05-2024 22:26 via retailgazette.co.uk
  
  M&S is the latest major retailer to experience an online outage as both its website and app went down for several hours on Saturday.
  Shoppers on its website were met with a message that read “you can’t shop with us right now”.
  The retailer told Sky News that its website was down from “early afternoon” on Saturday but was up and running again by 6pm.
  A M&S spokesperson said: “A third party service provider experienced a technical issue which temporarily
  
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• Morrisons sued by French giant over £2.5bn petrol forecourts deal

  19-05-2024 11:20 via retailgazette.co.uk
  
  Morrisons is being sued by a subsidiary of French giant Bouygues, over its £2.5bn deal to sell its petrol forecourts.
  In the wake of the sale, the supermarket abandoned a EV charging agreement it had signed in 2019 with Equans EV Solutions, which is owned by the French conglomerate, which gave it exclusive rights to install chargers at 273 of its forecourts.
  The firm is now seeking to block the £2.5bn forecourts disposal as it sues Morrisons for alleged breach of contract, reports Th
  
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