Amazon Friday announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion. Amazon has ostensibly been an online retailer for over 20 years — except some niche retail bookstores and their attempt last year at […]
inMarket, one of the world’s largest beacon platforms, says its analysis shows its platform influenced $14.5 billion in consumer spending during the Black Friday weekend. The platform noticed 370 percent more beacon detections than the same time last year, showing the rise in beacon engagement from both consumers and retailers in 2016. See Also: Estimote Mirror […]
Imagine a time when your retail purchases are curated, refined and personalized by your previous purchasing habits. You receive a package of ink in the mail when your printer runs low and a new toothbrush head just before it’s time to change yours. This is the Commerce of Things, according to James Gagliardi, Vice President of […]
Amazon has shocked us a few times with its hardware announcements, not many thought the Kindle would succeed to the extent it changed the entire publishing industry, Dash buttons offered a new, unique way to reorder items on Amazon, and Echo is one of the most popular Internet of Things (IoT) devices on the market […]
The Internet of Things (IoT) is set to change a lot of industries, but retail might see the largest investments as businesses look to reduce labor costs, improve sales, and draw customers back to the store. Retailers have already started investing in IoT, using Internet beacons to offer free Wi-Fi in stores in exchange for […]
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