Stories from around the web

>> Hershey rejects takeover bid (Bloomberg)

>> Shoppers prefer retail payment apps (Mobile Commerce Daily)

>> Amazon picks up rights to PBS Kids (The New York Times)

>> Alibaba gets serious about fakes (Fortune)

>> Historic theaters get second chance as retail outlets (Los Angeles Times)

And Finally… Lands' End releases a special-edition coat for Independence Day so you can dress like a Founding Father (PR Newswire)