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Green Hills Farms to Launch Biometric Loyalty, Payments Program
SYRACUSE, N.Y. -- Green Hills Farms plans to launch a biometric payment system with enhanced loyalty functionality. The system, called SmartShop, powered by biometric solution provider Pay By Touch, San Francisco, Calif., uses a finger scan not only to pay but also to access customized coupons, promotions, and rewards from an in-store kiosk. -
Wal-Mart Creates Private Equity Fund to Boost Supplier Diversity
BENTONVILLE, Ark. -- Further legitimizing its commitment to supplier diversity, Wal-Mart Stores, Inc. said it will invest $25 million to establish a private equity fund that will directly issue equity investments in up to nine women- and minority-owned business enterprises. The world's largest retailer unveiled the new fund on Monday at the 2005 National Association of Investment Companies (NAIC) conference in San Diego.