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Amazon’s new Fire Phone includes instant shopping features, 3D interface
Seattle – The new Amazon Fire smartphone, introduced at an invitation-only press conference on June 18, includes features specifically designed to encourage shopping on Amazon.com. Most significantly, a feature known as Firefly can recognize 100 million items, including physical objects such as CDs as well as barcodes and QR codes. It is the first smartphone Amazon has produced on its own.
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Men’s Wearhouse completes acquisition of Jos. A. Banks
Fremont, Calif. -- The Men's Wearhouse has completed its acquisition of one-time-rival Jos. A. Bank Clothiers. The combined company has more than 1,700 stores, approximately 26,000 employees and sales of $3.5 billion on a pro forma basis.
The final price tag to combine the two retailers was $1.8 billion, or $65 per share.