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Wal-Mart's tech lab buys Stylr mobile fashion app
San Bruno, Calif. -- @WalmartLabs, the Silicon Valley-based tech R&D and innovation arm of Wal-Mart Stores, has acquired Stylr, a mobile fashion app that helps shoppers finds clothes in nearby stores. Terms of the deal were not disclosed.
Stylr is @WalmartLabs' 13th acquisition in the past three years.
Stylr will be shut down and removed from the iTunes App Store by the end of the month. Wal-Mart's own mobile app won't run Stylr, but the newly acquired technology will be used to develop future mobile innovations.
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Samsung injects innovation into retail display
Beginning in July, Samsung intends to make a splash in retail stores with a high-tech appliance display called CenterStage. The new concept showcases Samsung’s portfolio of appliances in what it calls “an ultra-realistic and life-size display with an intuitive touch-screen interface.”