News

New York -- Walmart plans to significantly boost its sourcing from domestic suppliers over the next decade. The plan was announced during an address by Bill Simon, Walmart U.S. president and CEO, at the National Retail Federation's annual convention in New York. Simon also announced the company is committed to helping part-time associates who want to be full time, make that transition.

AUSTIN, Texas — Mozido, a cloud-based, white-label integrated platform of mobile payments, commerce and marketing, has appointed former senior CorFire executives Steve Bacastow and Charlie Wiggs to its management team.

Mozido enables companies in retail, financial services, consumer packaged goods and telecom to serve consumers, small businesses and global corporate brands with and without bank accounts. Its platform complemented by real-time customer behavior analytics.

DAYTON, Ohio — Stratacache, a leading provider of scalable, high-performance digital signs, content distribution and video acceleration technologies, has unveiled a Web caching solution at the National Retail Federation's Annual Convention and Expo.

Called Retail Cache, the solution enhances Web browsing, so customers can use in-store tablets to check out catalogs or order out-of-stock merchandise, without encountering slow, unreliable Internet connectivity.

Flower is the name of a new proprietary cosmetics line developed by Walmart in conjunction with Drew Barrymore and cosmetics manufacturer Maesa.

The new brand is positioned as offering department store quality at mass market prices and consists of 181 products in the eye, face, lip and nail categories with prices ranging from $4.98 to $13.98.

Waltham, Mass. -- Profitect announced Monday that Weis Markets has selected its cloud-based Profit Amplification solution, a pattern-seeking predictive analytics tool, for deployment throughout the chain.

Weis Markets will initially deploy the Point of Sale and Inventory modules of the Profitect suite.

St. Petersburg, Fla. -- HSN announced a complete re-launch of the company's digital channels - elevating the customer experience by making the retailer's platforms faster, more efficient, and even more social. The re-launch is part of a comprehensive, multi-platform digital redesign that has been in development for more than a year. It enhances the customer experience, not just on the top 10 most trafficked e-commerce site HSN.com, but across all mobile devices, including tablets, android and Windows 8.

Home Depot and Dollar General are among a total of 23 national brand name retailers that now accept PayPal as payment in their physical stores.

PayPal announced plans to sign up a total of 20 large national retailers by the end of 2012. They closed the year with 23, which means shoppers will have the option of paying for purchases with PayPal at 18,000 physical stores around the United States.

Duluth, Ga. -- NCR Corp. and PayPay, an eBay subsidiary, have entered into an agreement to integrate NCR's mobile solutions for hospitality and retail with PayPal's digital payment technology.

The combination provides restaurants and retailers an easy, powerful way to offer consumers a rich mobile and digital payment experience when buying the goods and services they want.