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September 22, 2015 04:00 pm GMT

With Focus On Improving Sams Club Customer Relationships, WalmartLabs Snaps Up Silicon Valley-Based PunchTab

walmartlabs-punchtabWalmartLabs, the retailer’s Silicon Valley-based R&D group, announced this morning that it has acquired loyalty startup PunchTab, in order to better connect with and engage customers who shop at thecompany’s Sam’s Club stores. Terms of the deal were not revealed, but this is now WalmartLabs’ 15th acquisition since its formation in 2011, the company noted.… Read More

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