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Strategy

  • Google in deal to fuel growth of its mobile payment service

    New York -- The mobile payments war continues to heat up. In a post on its blog, Google said it partnering with the three of the nation’s largest wireless carriers — AT&T, Verizon and T-Mobile — to bring its Google Wallet mobile payment app to their Android phones later this year.  

    Google also said it has purchased some technology and intellectual property from payments firm Softcard (formerly known as Isis) to make Google Wallet better.

  • Malls, ICSC respond to terrorism threats

    The Secretary of Homeland Security, Jeh Johnson, has warned shoppers at shopping centers to be vigilant after a terror group called for attacks at shopping venues in Canada, the U.K. and the United States, mentioning by name the Mall of America, in Bloomington, Minn.

  • Newk’s Eatery plans 30 new stores in 2015

    Jackson, Miss. – Fast-casual restaurant chain Newk's Eatery is expanding to Columbia, South Carolina, as part of growth plans that include nearly 30 new corporate and franchised stores in 2015. The Columbia expansion is in partnership with its newest franchisees, Chris and Pam Corn.

    The Corns will open their first Newk's in City Market in the Vista in late 2015 and have plans to open two additional locations in Columbia and the surrounding area.

  • Report: Wal-Mart to offer sick pay on first day out

    Bentonville, Ark. – In a reversal of corporate policy that did not offer workers paid sick leave until their second day of absence, Wal-Mart Store Inc. is reportedly now allowing employees to collect sick pay on their first day of not reporting to work due to illness. According to the Wall Street Journal, the change in policy is part of a larger effort to improve employee morale.

  • Amazon wears Prada

    Seattle – Amazon.com is not the devil by any means, but the e-commerce giant is reportedly interested in “wearing” Prada and other high-end brand names on its site. According to Bloomberg, Amazon is in the midst of a major push to become a player in the word of designer fashion retailing.

  • Seven Retail Megatrends for 2020

    By Shah Karim, Saferock

    If it hasn't done so already, the consumer experience will undoubtedly include omnichannel shopping, mobile, and social media as part of what consumers do naturally. Based on this inevitable evolution of how customers engage with retailers, here are seven retail “megatrends” which will become reality by 2020.

  • Sears/Kmart: We’re still in business, growing?

    Sears Holdings continues to lose money –- lots of it –- and same store sales declined again during the holidays, but the severity of the company’s losses have diminished, which has Chairman and CEO Edward Lampert believing further improvement is coming as the company transforms to what he calls “a leading integrated membership-focused company.”  
  • Tech Bytes: Three Takeaways From the Cybersecurity Summit

    The White House recently hosted a daylong Summit on Cybersecurity and Consumer Protection at Stanford University. Speakers ranged from President Barack Obama to Apple CEO Tim Cook to Walgreens president Alex Gourlay). Here are a few takeaways.

    Retailers Recognize Chip and PIN

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