Yum! Brands

Many retailers are lagging in their EMV adoption efforts, and many consumers may not care that much.

More powerful than a smartphone and more portable than a laptop, tablet computers offer retail design and construction professionals some unique opportunities.

In a session at Chain Store Age’s SPECS 2016 conference at Hilton Anatole in Dallas, March 13-15, “Tablets Unlocked,” Bart Waldeck, CMO and senior VP of product strategy for Tango, identified the top five opportunities tablets offer the store development process.

KFC is celebrating its 75th anniversary with a store design makeover as it looks to refresh 70% of its 4,500 locations by the end of 2017.

The chain, owned by Yum! Brands, tapped FRCH Design Worldwide to come up with a modern look that would also highlight the playfulness and outsized personality of the brand’s legendary founder, Colonel Sanders.

Walgreens, along with a host of other retailers, on Tuesday opted into Visa's Visa Checkout to help facilitate an omnichannel shopping experience. Walmart.com also will be incorporating the option into its services within the year, Visa reported.

Phoenix-Mesa-Scottsdale, Ariz. -- Kimco Realty Corp. announced that it purchased Christown Spectrum power center in the Phoenix-Mesa-Scottsdale, Arizona for $115.3 million. The property is an 850,000 sq. ft. center situated one mile east of Interstate 17 and lies adjacent to the second-busiest light rail station in Phoenix.

A leading pizza chain is testing beacon technology – in stores in China.

Yum Brands subsidiary Pizza Hut is using devices from global beacon technology provider Sensoro at all 1,471 locations in mainland China through Sept. 23.

A little over a year into his tenure as Target’s chairman and CEO, Brian Cornell has added new responsibilities as a member of the board of directors at KFC, Pizza Hut and Taco Bell parent company Yum! Brands.
 
Cornell’s appointment to the Yum board comes 13 months after he was named to the top job at Target and just three months after Target sold its pharmacy business to CVS Health for $1.9 billion. The latter is noteworthy because two executives with strong ties to CVS Health serve on Yum’s Nominating and Governance Committee.
 

The CEO of one of America’s most prominent discount retail chains has joined the board of directors of quick service restaurant operator Yum Brands. Target CEO Brian J. Cornell, 56, is now a member of the Yum Brands board.