The Dalian Wanda Group, among China's largest retail real estate developers, is joining forces with two of the country's biggest e-commerce companies, Baidu and Tencent, in a partnership presumably designed to compete with Alibaba.
The New York Times -
Wired says its sources indicate that "one of the hallmark features" of Apple's soon-to-be released iPhone 6 will be a payment solution that makes use of NFC technology.
Retailers have done well attracting followers on Instagram but until now have been frustrated in converting views into click-thrus to their e-commerce pages.
Tech Times -
Google X, the company's research arm responsible for driver-less car technology, has been reportedly testing "autonomous aerial vehicles" that the company says are primarily intended for use in disaster relief, but that might eventually be used for delivery of consumer goods.
BBC News -
Arthur T. Demoulas, reinstated as leader, joined exultant Market Basket workers for a rally outside of chain headquarters yesterday. "I am in awe of what you have all accomplished," he told the crowd.
Despite some well publicized successes, retailers have been hesitant to deploy iBeacon-based programs possibly because they rely on consumers having particular mobile apps loaded, such as ShopKick and Epicurious.
Bloomberg Businessweek -
The struggling teen clothing retailer has determined that its signature logo'd apparel is passé with today's customers.
According to a new survey by CreditCards.com, consumers over 50 are much more likely to use cash for purchases under $5 than their younger counterparts.
Pensacola News Journal -