In Investors.com. New Innovation for productivity at Wal-Mart.
How Wal-Mart May Revive U.S. Productivity — And Its Own Fortunes by Jed Graham
Wal-Mart brought back its Smiley icon this year as the mark of its low-price deals. Now it hopes to revive its longtime status as a technology innovator and productivity leader by deploying new apps, bar codes and drones. ...
A future with slow-growing productivity — and by extension, slow-growing incomes — seems close to becoming conventional wisdom. But the strides that Wal-Mart (WMT) is making with technology that streamlines everything from tracking inventory to simplifying check-out suggest a brighter outlook.
The retail giant was considered a prime force behind the last productivity boom (think bar codes, scanners and retailer-supplier data links) and the subsequent productivity bust (heavier reliance on temps and part-time workers come to mind). .... "