Maverik convenience stores is one of 30 merchants that plans to use the NFC payment system this summer. This summer, customers in Salt Lake City, Utah and Austin, Texas will be able to buy products at convenience stores with a wave of their smartphones instead of handing over cash or a credit card to a…

As technology continues to change the way we do business, retailers must weigh the benefits of being ahead of the curve versus the risks, and the disadvantages of falling behind. By Erin Rigik, Associate Editor. In a scene from the futuristic movie “Minority Report,” Tom Cruise’s character walks through a shopping mall while 3-D screens…