The five most important retail tech news stories of the week
It’s Friday, the week is nearly done, so let’s kick back and reflect on another eventful week for the retail technology space. Here's your briefing on some of the most important and interesting stories from the past five days.
1. PayPal drops out of Facebook's Libra project
PayPal has pulled out of the Libra Association that is looking to launch Facebook's digital currency Libra.
2. Major UK retailers launch Wellbeing in Retail website
The John Lewis Partnership, Tesco, Sainsbury’s, Asos, the Co-op, Marks & Spencer and Next have launched an online training guide that provides mental health support for retail workers..
3. Walmart participates in first of kind seafood blockchain pilot
Walmart has tapped blockchain technology to track its Indian-sourced shrimp to select Sam's Club stores in the US.
4. Target to power Toys ‘R’ Us online return
Target is partnering with the parent company of the Toys R Us brand, TRU Kids, on the relaunch of ToysRUs.com.
5. HERO powers Three Store Now initiative
Three Mobile has launched Three Store Now in partnership with HERO.
In 75 Three stores across the UK, advisors are using the latter’s app to connect with nearby customers on three.co.uk via chat, video and livestreaming.