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  • Study: Mobile payment grows in popularity with unexpected leaders

    Mobile payment is impressively rising in consumer adoption and interest, but Apple Pay is not their first or even second choice.

    According to a 2015 survey of more than 1,000 U.S. adult consumers by location-based mobile platform provider Retale, 43% of respondents have previously used a mobile device, such as smartphone, tablet, or smartwatch, to make a purchase in a brick-and-mortar retail store. This is a 7% increase year-over-year compared to the 36% who reported they had used mobile payment in Retale’s 2014 study.

  • COO is elevated to CEO at BJ's Wholesale Club

    BJ's Wholesale Club has promoted its COO to president and chief executive officer just months after recruiting him from Hess Retail Corp.

    The club retailer announced that Christopher J. Baldwin, BJ's president and chief operating officer, has been named president and CEO, succeeding Laura J. Sen, who is assuming the role of non-executive chairman. The appointment is effective Feb. 1.

  • Wegmans breaks new ground — but not with a retail store

    There is a new tourist attraction in Washington, D.C., and visitors have a retailer to thank.

    The Smithsonian’s National Museum of American History has opened “Wegmans Wonderplace,” the first gallery on the National Mall tailored for the learning needs of children six and under. The space, made possible by a $1.5 million gift and in-kind donations from Wegmans Food Market, allows kids to “cook” in a kitchen inspired by Julia Child’s.

  • Former Disney executive joins Kroger board

    Kroger is adding a veteran of the consumer products industry to its board of directors.

  • Analysis: Walmart Pay

    Although numerous players have entered the mobile payment arena in recent months, Walmart Pay is poised to be much more disruptive to the mobile payment landscape

  • Time Equities expands its footprint in Wisconsin by acquiring four centers

    New York -- Time Equities acquired four Wisconsin multi-tenant retail assets for $18.1 million, spanning 307,668 sq. ft. in total. The acquisitions, consisting of two separate transactions, include The Geneva Commons purchased for $1.3 million, in addition to Oak Creek Centre, Park Plaza and Taylor Heights acquired for $16.8 million.

  • GBT announces development of The Shoppes of Northgate

    Nashville, Tenn. -- GBT Realty Corporation announced it acquired a 13.1-acre site along Memorial Blvd in Murfreesboro, Tennessee for $2.4 million. The company plans to develop the site into The Shoppes of Northgate, a 98,000-sq.-ft. center anchored by a 30,000-sq.-ft. Sprouts Farmers Market, along with retail tenants PetSense, Liquor Barn and Newk’s Eatery. The construction of the $16 million retail center is expected to begin this month with store openings set for spring 2016.

  • Ripco Real Estate’s New Jersey office continues to grow

    Lyndhurst, N.J. -- Ripco Real Estate Corp. announced David Townes has joined its New Jersey office sales team. Prior to joining Ripco Townes worked at Welco Realty for five years where he represented a combination of landlords and retail tenants. One of his many strengths and areas of expertise includes assisting retailers looking to expand in the New Jersey and Rockland County, New York areas.

  • Which retailer knows its customers best?

    When it comes to understanding what consumers want, one retailer stands tall above the rest.

    According to a new study of 1,000 consumers from beacon marketing platform provider Swirl Networks Inc., Amazon.com holds a clear lead in knowing its customers. Fifty-six percent of consumers say that Amazon demonstrates an understanding of their individual preferences and needs on a regular basis.

  • Retail Outlook: Experts Predict What to Expect in 2016

    New technologies, new products, new consumer preferences — change always threatens to disrupt the status quo, and the retail landscape is no different. The trick is to determine which trends are passing fads and which have real staying power.

    To help, we asked six experts from the Daymon Worldwide family of companies (Interactions is a subsidiary of Daymon Worldwide) to share their predictions for trends that will have the biggest impact on the U.S. retail environment in 2016.

    Improved Transparency and Distribution

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