Retail

New York – Omnichannel specialty fashion retailer Rachel Comey is now accepting payment via EMV-compliant, chip-based payment cards, as well as Apple Pay, in its New York store. Rachel Comey is using EMV- and Apple Pay-enabled, cloud-based mobile POS devices from Highline Software.

Wellesley, Mass. - Regional grocery chain has opened its flagship Downtown Crossing Boston supermarket in the newly restored Burnham Building. Roche Bros. is the first large-scale grocery store to be built in Boston's Downtown Crossing.

Covington, La. - Stirling Properties and CBL & Associates Properties, Inc. are announcing 12 new tenants coming to Fremaux Town Center in Slidell, Louisiana. Anchored by a 128,000-sq.-ft. Dillard's, the second phase of this development will include approximately 285,000-sq.-ft. of additional retail space, including previously announced tenants Red Robin, Zales, Francesca’s and Aveda.  

Construction is moving along as scheduled with a planned opening of Phase II in October 2015.

El Segundo, Calif. – Big 5 Sporting Goods Corp. kicked off fiscal 2015 with a strong performance in the first quarter. Net income grew 6% year-over-year to $2.3 million from $2.1 million, and would have grown more if not for increased expenses relating to wages and benefits, new stores, and a legal settlement.

Big 5 plans to open approximately 10 net new stores in fiscal 2015, including three in the second quarter.

Net sales climbed 5% to $243.6 million from $231.3 million, aided by a 3.9% increase in same-store sales.

Plano, Texas -- J.C. Penney Company has named consumer marketing executive and board member Mary Beth West as executive VP and chief customer and marketing officer, effective June 1. She replaces Debra Berman, who resigned as CMO after less than two years with the retailer.  West will be stepping down from the board to assume the new role.

New York - H&M is number 32 on the U.S. Environmental Protection Agency's (EPA's) National Top 100 list of the largest green power users. H&M is using nearly 172 million kilowatt-hours (kWh) of green power annually, which is enough green power to meet 100% of the organization's electricity use.

Minneapolis – Brian Cornell, CEO of Target Corp., reportedly received total compensation of $28.2 million in 2014. According to the Wall Street Journal, that figure includes $14 million in “make-whole” compensation he was paid for leaving his previous position as CEO of PepsiCo in August 2014.

Cornell also received a prorated salary of $595,000 from Target, among other compensation.

San Jose, Calif. – PayPal Inc. is reportedly now offering its One Touch single-touch electronic payment capability to online purchases. According to Reuters, PayPal is extending the reach of the previously mobile-only One Touch to help reduce the $4 trillion in merchandise that consumers annually abandon in online shopping carts.

Customers will be able to use One Touch to make purchases across all PayPal-enabled sites without re-entering login information.