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Tag Archives: technology

Walmart Buys Online Retailer for $3 Billion

Jet

Today, Wal-Mart Stores, Inc. announced that it has entered into a definitive agreement to acquire online retailer Jet for $3 billion in cash. In addition, $300 million of Walmart shares will be paid over time as part of the transaction. The purchase ... Read More »

STIHL Addresses Future Skills Gap With Manufacturing Camp

It started with learning how to conduct time studies and solder, morphed into lessons on team dynamics and production planning and ended with a robot building competition. Last week, STIHL Inc. hosted its fifth Annual Manufacturing Technology Summer Camp in ... Read More »

Like Home Depot, Lowe’s to Open Direct Fulfillment Center

Here’s a change for Lowe’s: The company is opening a direct fulfillment facility to ship products straight to consumers in an effort to expand its online sales and speed up deliveries. Rival Home Depot already operates three direct fulfillment centers that support its growing online ... Read More »

Store Cashing in on ‘Pokemon Go’ Craze

Pokemon Go

The mural on the side of Maxbauer Ace Hardware depicts Traverse City, Michigan—but when “Pokemon Go” players go to the store, they see a digital cartoon character on the wall. And that’s OK with the staff at Maxbauer Ace. When ... Read More »

Employees Use Shyft App to Trade Hours

Shyft

For the past year, hourly employees at restaurants and chains like Starbucks, McDonald’s and Old Navy have been able to personally find and schedule coworkers to cover their work shifts  by using a new app called Shyft. Rather than penciling in doctor’s appointments and vacation ... Read More »

Lowe’s App to Offer 3-D Planning Aids via Phone

app

When consumers head to Lowe’s in the future, they’ll have a better chance of mapping out their homes and making sure products they buy fit just right. Through Lowe’s Vision, an app using Google’s 3-D smartphone platform Tango, users will be able ... Read More »

All U.S. Walmart Stores Now Accept Payments via Smartphone

Walmart Pay

Walmart announced this month that customers at all 4,600 of its retail stores in the U.S. can now use Walmart Pay to pay for in-store purchases with their smartphones. Walmart began testing the mobile payment platform at stores starting in December. Walmart Pay is part ... Read More »

Banks Pushing to Increase Debit Card Swipe Fees

swipe fees

Banks are pushing to change a cap on debit card swipe fees that the Federal Reserve implemented in 2011. However, 89 percent of consumers believe the “swipe fee limits should not be undone,” according to a survey by the National Retail Federation. Additionally, 84 percent of ... Read More »