Wal~Mart Launches Wal~Mart Pay; Adidas Looks to Robots to Make ShoesPosted: December 10, 2015
Wal~Mart has rolled out its own mobile wallet called Walmart Pay. It will be available on iOS and Android devices, and allows payment with any major credit, debit, pre-paid, or gift card. According to reuters.com, it should be in stores nationwide by the first half of 2016. The giant retailer says it’s not bailing on the merchant consortium that developed CurrentC, and will consider it as an additional mobile wallet option. CurrentC was beta launched in August.
No longer content to export jobs to people making slave wages in developing countries, Adidas is finishing up a factory in Germany that will be staffed with robots. Right now, there are 10 people helping make it work, but the company is shooting for 100% automated production. Geek.com says they are more concerned with shipping costs than rising wages in Asia, and building so-called ‘Speedfactories’ all around the globe where their customers live will help them move from selling 600 million shoes to a billion in the next 5 years.