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Forrester: Mobile commerce to hit $31 billion by 2016
New York City -- Mobile commerce is expected to reach $31 billion by the end of 2016, according to a new report from Forrester Research.
The report, “Mobile Commerce Forecast: 2011 to 2016,” predicts an annual compound growth rate of 39% for mobile commerce over the next five years.
The report predicts mobile commerce will reach $6 billion by the end of this year, $10 billion next year and $31 billion by 2016.
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NY Target employees vote against union
Allegations of illegality and intimidation are par for the course whenever union organizers lose an election, so it should have come as no surprise when workers at a Target in Valley Stream, N.Y. voted against unionization.
The National Labor Relation Board announced this past weekend that 137 workers voted against joining the United Food and Commercial Workers union while 85 workers supported the union. Had the drive been successful it would have been the first time workers at any of Target’s store were represented by a collective bargaining agreement.