Financial/Banking

The NFC/contactless ecosystem will grow in 2016, with an increasingly number of third-party wallets coming from the likes of Samsung and Google.

That’s just one of seven payment predictions contained in a new infographic from the Ingenico Group.

To see the infographic, click here.

Aeropostale announced on Friday that the New York Stock Exchange had accepted the company's plan for continued listing, subject to quarterly review.

Has founder and ousted CEO Dov Charney made his last stand at American Apparel?

The board of American Apparel Inc. rejected a $300-million takeover bid from Hagan Capital Group and Silver Creek Capital Partners — the investors aligned with Charney — according to the Los Angeles Times.

Oak Brook, Ill. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of The Oaks of Oak Brook in Oak Brook, Illinois. Newport Capital Partners acquired the 67,143-sq. ft. property on behalf of Newport Fund II for $18.25 million.

The Oaks of Oak Brook is located at the northwest corner of Kingery Highway (Illinois Route 83) and 16th Street. The center features a tenant lineup including: Panera Bread, Athletico, Wells Fargo and Sleepy’s.

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.

Baton Rouge -- JLL’s Capital Markets experts announced the firm has closed the sale of Hammond Aire Plaza located in Baton Rouge, Louisiana, on behalf of Kimco Realty. The asset was purchased by a joint venture partnership between DRA Advisors and Viking Partners.

Managing director Margaret Caldwell, VP Diane Roberts and associate Eric Spencer led the JLL team on the transaction.

Miami -- Taubman Centers announced that it has decided not to move forward with an enclosed regional mall that was slated to be part of the Miami Worldcenter mixed-use, urban development in Miami. Instead, Taubman, in conjunction with The Forbes Company and Miami Worldcenter’s master developer, Miami Worldcenter Associates, is now pursuing a high street retail plan that will better utilize the unique characteristics of the site and the market.

Virginia Beach, Va. -- Wheeler Real Estate Investment Trust announced Wilkes Graham will join the company as its CFO, effective Jan. 19. Graham will oversee corporate finance, accounting, investor relations and capital and financing strategies for the Company and will report to CEO and chairman, Jon Wheeler. He will succeed Steven Belote, who will remain with the Company as its COO.