Big data is a big buzzword in retail and while the term can be ambiguous, 92 percent of executives say they're satisfied with the results of big data applications within their organizations.
Macy's is putting its money where its mouth is, promising to invest up to $1 billion in technology and infrastructure to support online and omnichannel efforts.
Amazon will buy the video game streaming site Twitch for $970 million in cash, giving Amazon a leg up in the advertising pool shared by competitors such as Netflix and YouTube.
At Target, innovation means acting like a start-up, taking risks and moving fast. At least that's the plan going forward according to Alan Wizemann.
Amazon has now stepped up to compete against Apple's mobile app testing service, TestFlight, with its own app testing service targeted at developers with sights set on the Amazon Appstore.
Target has opened an outpost in Silicon Valley as the retailer continues to seek out technology talent and build digital commerce capabilities.
Apple and IBM announced an exclusive deal that will introduce new business apps to the iPhone and iPad. The enterprise-specific apps for Apple's iOS will be aimed at companies in the retail, healthcare and transportation industries, among others.
Apple and IBM are embarking on a new partnership intended to boost enterprise mobility through a new class of business apps that brings IBM's big data and analytics capabilities to iOS devices.
Inventory management and predictive analytics software, in-store mobile device integration and e-commerce solutions are the biggest technology priorities for independent brick-and-mortar retailers, according to the first annual Retail Tech Forecast from LightSpeed.
Target continues to build out its IT department with the addition of three big hires including Jim Fisher, the new senior VP of infrastructure and operations and Target technology services.