Retailers get Scientific with Lab Incentives

Retailers get Scientific with Lab Incentives

Wednesday, August 13 2014

By: Valerie Demiceva 

SAN FRANCISCO— Fashion’s not ready to cede tech innovation to the Silicon Valley bigwigs.

Retailers from Nordstrom Inc. to Wal-Mart Stores Inc. have opened up “labs” in hopes that a geeky start-up vibe will attract the right talent to generate the next big thing in digital commerce or some proprietary add-on. And these incubator programs have a related mission: actively grow the next generation of savvy brands from online roots.

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