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“A group of 15 top-tier retailers have formed a new Merchant Customer Exchange (MCX) to provide consumers in the United States and around the world with new technology for purchasing a variety of goods while using their mobile devices. The organization’s founding members include 7-Eleven, Best Buy, Lowe’s, Publix, Sears, Shell Oil, Sunoco, Target and Wal-Mart. “The list of members speaks for itself [given that these] companies already collectively account for about $1 trillion in annual sales,” an MCX spokesperson told us Wednesday”
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