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  • PayPal buying mobile payments start-up Paydiant

    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.

  • ShopKo growth surge due for late March

    Regional discount retailer Shopko will experience its most dramatic growth in many years later this month when its Hometown stores division takes over locations from the now defunct Alco Stores chain.

  • Ex-Giant Food exec hired as Albertsons/Safeway CAO

    The recently merged Albertsons and Safeway organization has appointed Justin Dye as chief administrative officer of the combined company.   Lee Wilson, who previously held this position with the company, has elected to stay in his role as consultant and not go forward as an officer with the newly combined organization.  
  • Physical and digital united by NPD deal

    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.

  • Giant Eagle exits discount grocery; closing Good Cents Grocery + More

    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.

  • Walmart COO McKenna added to event lineup

    The Center for Retailing Excellence just scored another coup with the addition of Walmart COO Judith McKenna to the agenda for an upcoming conference that already included Walmart CEO Doug McMillon.

    The Center, part of the Sam M. Walton College of Business at the University of Arkansas, is scheduled to hold its annual Emerging Trends in Retail conference on June 11 at the Northwest Arkansas Convention Center in Springdale near Walmart’s headquarters in Bentonville headquarters.

  • Hilldale brings two new local concepts to Madison

    Madison, Wis. -- Two locally owned businesses – Mes Amies and Waxing the City – will join the tenant lineup as part of the redevelopment of Hilldale shopping center, located in Madison, Wisconsin.

    Women’s apparel boutique Mes Amies will open this summer, a relocation from Chicago. And waxing and personal care studio Waxing the City will make its Wisconsin debut with the Hilldale store, also slated to open summer 2015.  

  • Sprouts grows sales 21% in fourth quarter

    The CEO of Sprouts Farmers Market Inc. credits consumers’ increasingly strong “desire to eat healthier” with his company’s big sales surge in the fourth quarter.

    The Arizona-based company posted sales of $734.6 million, an increase of 21%, for the fourth quarter ended Dec. 28. Same store sales were up 8.5%.

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