Walmart has announced plans to launch a smartphone trade-in program on the same day Apple announced the iPhone 5s, featuring an all-new A7 chip and a 64-bit desktop-class architecture for fast performance, as well as the iPhone 5c, which builds on the iPhone 5 and comes in five different colors.
Electronic Arts has entered into a multi-year endorsement deal with the captain of the U.S. Soccer National Team, Clint Dempsey. As part of the deal, Dempsey will serve as EA Sports Football Ambassador.
Sears Hometown and Outlet Stores saw net income for the second quarter drop to $9.1 million from $21.1 million a year earlier, due, in part, to expenses associated with its spinoff from Sears Holdings Corp, according to the company.
Total m-commerce spending is poised to exceed $25 billion this year following a 24% surge in second quarter smartphone and tablet enabled sales that pushed estimated spending to $4.7 billion, according to digital measurement provider comScore.