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Strategy

  • First Data and Verifone partner to combat consumer payment data theft

    Atlanta – Payment technology provider First Data and secure payment acceptance technology vendor Verifone, are partnering to help retailers reduce exposure to large-scale consumer payment data breaches and expedite acceptance of EMV-enabled credit and debit cards in advance of the October 2015 liability shift for EMV-enabled payment card fraud.    

  • SRS to drive nationwide store expansion for Walgreen Co.

    Dallas - SRS Real Estate Partners has executed an exclusive agreement with Walgreen Co. to assist the retailer’s nationwide new store expansion and relocation strategy. SRS has been a long-time strategic consultant to Walgreens; leading the team for SRS are executive vice presidents Patrick A. Smith and Matthew D. Alexander, who will work closely with Walgreens to enhance the company’s existing store base while evolving its real estate management structure.   

  • Bebe names interim CEO to the post on permanent basis

    Brisbane, Calif. - bebe stores announded that Jim Wiggett has been named CEO and appointed to the company’s board of directors, effective immediately. He has been serving as interim chief executive since June 2014.  

  • Target aims at Cartwheel users, delivery seekers

    Minneapolis – Target Corp. is aiming last-minute holiday promotions at users of its Cartwheel mobile savings app and customers in need of product delivery or pickup. Cartwheel is offering users 50% off a different toy every day until Dec. 24.   

  • Payments startup Adyen valued at $1.5B

    Fast-growing payments startup Adyen has secured $250 million from investors who have valued the Amsterdam-based startup at $1.5 billion.

    Adyen serves as a middleman for Facebook, Spotify, Airbnb and other merchants, enabling them to accept Visa, MasterCard and soon bitcoin in nearly 200 currencies worldwide.

    The eight-year-old company allows merchants to accept payments on the Web, mobile and more recently at individual points of sale.

  • Fujitsu launches tablet POS solutions

    Sunnyvale, Calif. -  Fujitsu has launched its next-generation tablets - Fujitsu Stylistic Q555 and the Fujitsu Stylistic Q335. The Stylistic Q555 is a two-in-one, 10-inch semi-rugged tablet with enterprise-grade security and network integration, while the Stylistic Q335 is an eight-inch Windows tablet designed for enhanced portability.    Features of the Stylistic Q555 include:  

  • Show goes on while Schimenti Construction renovates AMC

    Ridgefield, Conn. - Moviegoers are still enjoying the big-screen entertainment at the AMC Theaters in Levittown, New York, even as Schimenti Construction is renovating the ten-theater complex.  The company’s first project with AMC, it will be completed in January 2015, in just 95 calendar days from start to finish.  

  • American Apparel's Dov Charney is out for good; fired "for cause"

    New York - In a long-awaited decision handed down late Monday, Dov Charney, the controversial founder of American Apparel, has been fired "for cause" as CEO. He was suspended as president and CEO of the hipster apparel chain in June for alleged misconduct and violations of company policy, American Apparel said in a statement. The decision was made by the board’s “suitability committee,” which was formed in the wake of Charney’s suspension to oversee an internal investigation.
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