Tag Archives: technology

Amazon is expanding Amazon Go, its brick-and-mortar store concept that uses video cameras and mobile devices to eliminate the need for cashiers. The e-commerce retailer has been investing heavily in physical stores, buying the Whole Foods grocery chain for nearly …

Walmart reported sales and revenue increases for its first quarter of 2018, with growth in its U.S., international and e-commerce segments. U.S. sales were $77.7 billion during the quarter, an increase of 3.1 percent above the same time period in …

Walmart has confirmed a $16 billion deal to buy a controlling stake in Flipkart, an Indian e-commerce company. The acquisition “is the largest acquisition yet by the world’s largest retailer,” according to an article from the Associated Press. Within the …

The National Hardware Show® has announced the five finalists of its Reimagine Retail program, which awards one independent retailer with $100,000 to jump-start a business improvement plan at their operation. This year, entrants were asked how they would use technology to …

Walmart’s technology division, Walmart Labs, is following the same steps as Home Depot as both big-box companies are searching for technology workers to add to their ranks, CNBC and Silicon Valley-based The Mercury News report. The Mercury News says Walmart Labs …

Dennis Yu, chief technology officer for BlitzMetrics, says retailers can boost their brands and reach new customers with the 3×3 social media video grid. By creating three quick videos for three different categories, Yu says independent home improvement retailers can …

Amazon CEO Jeff Bezos recently revealed information that has long been kept secret: Amazon Prime has more than 100 million paid members around the world. The announcement was included in Bezos’ annual letter to shareholders, which provides a look at …

Walmart is nearing a deal to buy a majority stake in Indian e-commerce company Flipkart, Reuters reports. The purchase would be Walmart’s largest acquisition of an online company, but Amazon may attempt to step in and present a counteroffer, Reuters …