Mass Merchant

New York -- It takes a scorecard these days to keep up with the fast-moving mobile payments industry. On the heels of Samsung’s announcement that it would roll out Samsung Pay in the United States this summer, PayPal announced it is buying mobile wallet technology start-up Paydiant.

New York -- Nike will open its first clearance store location in New York City at The Shops at Sky View Center in Flushing, New York.

The 15,000-sq.-ft. Nike Factory Store is slated to open April 2 on Level B of the 700,000-sq.-ft. shopping destination.

Issaquah, Wash. - Costco Wholesale Corp. has entered into a new co-brand credit card program agreement with Citi and an acceptance and co-brand incentive agreement with Visa. Under the arrangements, Citi, an issuer of consumer credit cards, will become the exclusive issuer of Costco's co-brand credit cards and Visa will replace American Express as the credit card network for Costco in the U.S. and Puerto Rico beginning April 1, 2016.

New York -- Thor Equities has expanded its international portfolio by acquiring a retail property at 777 Saint Catherine Street in Montreal. The historical building is located on the corner of McGill College Avenue and Saint Catherine Street, in the heart of Montreal’s prime shopping corridor.

Kohl’s is sponsoring a Milwaukee-area school grant program for the third year in a row.   The Kohl’s Cares Field Trip Grant Program gives more than $1 million in funding to schools throughout the metro-Milwaukee area.  

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Oxnard, California. The opening date is scheduled for Feb. 28.

The new store is located in Fremont Square along North Ventura Road and Doris Avenue in North Oxnard.

California is the retailer’s largest state with a total of 68 stores.  Including this new location, dd’s Discounts will operate 156 locations in 15 states.
 

New York -- These are tough times for discount grocery stores — unless the company happens to be the fast-growing Aldi. Pittsburgh-based supermarket operator Giant Eagle plans to close all eight of its Good Cents Grocery + More stores. The closures are set for March 26.

NPD Group and Slice Intelligence have announced a partnership that the companies say will create a more comprehensive data offering for retailers.

Specifically, as the announcement explains, mobile and e-commerce data from Slice Intelligence will be included in NPD’s existing checkout tracking service.