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OfficeMax launches Google Wallet
Naperville, Ill. -- OfficeMax Inc. has launched new checkout terminals in more than 100 stores that harness Google Wallet to enable customers to pay, redeem coupons and reap the benefits of OfficeMax's MaxPerks Rewards loyalty program, all with a tap of their mobile phones. The chain is the first national office supply retailer to accept mobile payments through Google Wallet, which is a partnership between Google, MasterCard Worldwide, Citigroup Inc., Sprint Nextel Corp. and First Data Corp.
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Lumber Liquidators makes strategic supplier acquisition
Toano, Va. -- Flooring retailer Lumber Liquidators said Friday it will acquire certain assets of Sequoia Floorings in order to strengthen its mill-direct relationships and shore up its long-term sourcing strategies.
Sequoia, a trading company, had provided product quality and development services on approximately 40% of Lumber Liquidators’ 2010 merchandise purchases, primarily those in Asia.