History Says It’s Coming: The Next $1 Trillion Retail Giant

Retail has always been a mirror of technological progress. From the street markets of ancient Rome and Chang’an to the marble-clad department stores of the 19th century and the sprawling online empires of today, every major innovation has reshaped how we buy, sell, and interact with goods. Now, with the rise of artificial intelligence, the stage is set for yet another revolution—a trillion-dollar opportunity for those bold enough to seize it.

For centuries, retail remained largely unchanged: open-air markets, seasonal fairs, and shopkeepers selling essentials. Then came the Industrial Revolution, and suddenly goods were mass-produced, trains connected cities, and department stores emerged as cathedrals of commerce. Soon after, cash registers, automobiles, and telephony paved the way for chain stores, malls, and mail-order giants like Sears. Fast forward a century and the internet spawned Amazon, while smartphones created the on-demand economy of DoorDash, Instacart, and Shein. Each leap in technology didn’t just refine retail—it reinvented it.

So what comes next? AI has already begun reshaping industries, but retail is where it could create its most visible and profitable disruption. Here are five ways this could play out:

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Instacart is hiring 300,000 grocery shoppers

Instacart Shopping Service

The company will provide with paid sick leave in case they’re diagnosed with COVID-19.

Instacart plans to hire an additional 300,000 “full-service” contractors to help it deliver groceries to people during the coronavirus pandemic. With so many individuals and families stuck inside as a result of social distancing measures and shelter in place orders in states like California, Instacart says order volume has increased by 150 percent over the last few weeks, with people buying more per cart as well.

The company currently operates in about 5,500 cities across the United States and Canada. Instacart’s plan will see it hire broadly in states like California and New York. In the former, for instance, it plans to bring on approximately 54,000 new full-time shoppers. In other states like Texas and Florida, it will hire thousands of new contractors as well, and provide them with paid sick leave if they’re diagnosed with COVID-19 or need to self-isolate.

Continue reading… “Instacart is hiring 300,000 grocery shoppers”

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