UPDATE: Walmart (WMT) Tests iPhone Self-Checkout at Store - Reuters
Tweet
Share
E-mailGet Alerts WMT Hot Sheet
Price: $111.84 +2.78%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: +5.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: +5.4%
Join SI Premium – FREE
(Updated - August 31, 2012 2:46 PM EDT)
According to Reuters, Walmart (NYSE: WMT) is doing in-store testing out self-checkout methods using Apple's (Nasdaq: AAPL) iPhone.
Shoppers at a store in Arkansas would be able to scan items while shopping and then pay at the self-checkout counter, says an internal memo from the retail giant.
The aim is clearly to speed up the checkout process at Walmart stores, though its not clear whether the iPhone test will also improve self-bagging speed.
Apple and Walmart are in positive trading territory late Friday.
According to Reuters, Walmart (NYSE: WMT) is doing in-store testing out self-checkout methods using Apple's (Nasdaq: AAPL) iPhone.
Shoppers at a store in Arkansas would be able to scan items while shopping and then pay at the self-checkout counter, says an internal memo from the retail giant.
The aim is clearly to speed up the checkout process at Walmart stores, though its not clear whether the iPhone test will also improve self-bagging speed.
Apple and Walmart are in positive trading territory late Friday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- These 5 stocks are added to The Mizuho Top Picks List for July
- Morgan Stanley says pay attention to this key data centre beneficiary
- TD Cowen highlights this stock as a best SMID-cap idea with multiple 2026 catalysts
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
