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Retail Pulse: Walgreens To Test Drone Deliveries; Walmart To Relaunch Scoop

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Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. The company said it is “in a unique position to capitalize on the convenience of drone delivery if and when it should expand.” Walgreens Boots Alliance, Inc. That effort is part of the U.S.

Retail 112
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Amazon Says Go Stores An Early Hit With Customers

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“The ones who work very close, like in the building up above, will come down even just to grab a drink because it’s so fast and easy,” said Amazon Go Vice President Gianna Puerini according to Reuters , at the ShopTalk eCommerce conference in Las Vegas, offering a rare glimpse into a very new retail format for the commerce giant.

Las Vegas 143
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‘Costco For Millennials’ Attracts Big Investors

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A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

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Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. As such, automakers are hitting the venture capital highway in droves. The number of automaker-backed investments seems to have skyrocketed overnight.

Capital 109
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

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The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. Meanwhile, at the CES show in Las Vegas in January, companies demonstrated potential 5G use cases. 5G Potential. Verizon’s 5G Play.

Mobile 168
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Nokia, T-Mobile $3.5B 5G Deal Promises Payments, Commerce Changes

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based carrier with “end-to-end 5G technology” the companies said. T-Mobile reportedly anticipates that its customers in New York, Los Angeles, Dallas and Las Vegas will have access to 5G technology in early 2019. Both the United States and China have been seen by 5G experts as early adopters of the technology.

Mobile 100
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Global Automotive Blockchain Revving Up?

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According to the report, distributed ledger technology (DLT) will continue to rise, along with what BIS touted as “the myriad” number of benefits that accrue with that technology. In patent news, Capital One has filed an application with the U.S. The advantages extend from transparency to security and, of course, immutability.