Corporate Governance

Apple did not create the mobile payment market when it launched Apple Pay in September 2014.

However, Apple Pay did effectively bring mobile payment to the forefront of retailers’ omnichannel commerce strategies. Consumers are slowly starting to follow, with Deloitte data showing in-store mobile payments have increased from 5% of total in-store payments 2014 to 18% in 2015.

If you were an Uber user in Austin, Texas, this fall, you might have been surprised to see the option to take a horse and buggy instead of a car appear on your smartphone.

The tongue-in-cheek offer was part of Uber’s effort to inform and mobilize customers in its fight against what the company contended were antiquated regulations being considered by local government.

Sam Dushey took the reins of his family-owned business, discount department-store chain Shoppers World, when he was just 27. The company was founded by his grandfather, an immigrant from Syria, in the 1930s, and then expanded upon by Dushey’s father, uncle and cousin.

Fresh Thyme Farmers Market, a specialty grocer focusing on fresh, natural and organic foods at accessible prices, is on a roll.

Barely two years out of the gate (the first store opened in April 2014, in Illinois), the Chicago-based company now counts 32 locations throughout the Midwest.

Its aggressive growth strategy calls for 60 stores by 2019. Minnesota, Illinois, Missouri, Indiana and Ohio are among the states targeted for growth.

Fully customized pizzas tailored to each guest’s liking, served up in minutes. That’s the idea behind PizzaRev, a Los Angeles-based fast-casual pizza chain whose “build-your-own” approach is bringing food customization to a new level.

Deals in “Mind” Games

Brain fitness might seem an unusual specialty for a retailer, but it’s proved a sweet spot for Marbles: The Brain Store.

Founded by Lindsay Gaskins and Scott Brown, the Chicago-based retailer sells games and other items designed to stimulate the brain. It made its debut in 2008, with a kiosk in a local mall. People were intrigued, but they wanted a more engaging shopping experience, said marketing director Hallie Steube.

Fabletics, the online fashion activewear brand co-founded by actress Kate Hudson, is flexing its muscle. The company is adding physical stores to its subscription-based e-commerce model and men’s workout gear to its mix.

It wasn’t all that long ago that the industry was embroiled in the “bricks versus clicks” debate. On one side were the traditionalists, who were sure that online shopping would never really catch on (much less ever occur on a phone). On the other side were the true believers, who had stores going the way of the dinosaur in no time flat.

Fred’s Super Dollar continues to see sales increases as 2016 continues. The company reported Thursday that for the four weeks ending Feb. 27, it saw net sales of $171.1 million, a 12% increase over the same period last year. The announcement follows January’s sales, which also increased 12% over the same four weeks in 2015. Comparable store sales rose 0.8% for the month, compared to flat comps in February 2015.

Toys “R” Us is adding some communications expertise from Best Buy as the toy retailer announced it has named a a new executive VP.

The retailer said Amy von Walter will join the company as executive VP, Global Communications and Public Relations, effective March 14. She will report directly to chairman and CEO Dave Brandon.