Retail

Oak Brook, Ill. -- McDonald’s is collaborating with mobile commerce provider Softcard. Customers will now be able to tap and pay both in-restaurant and in the drive-thru lane at all U.S. McDonald’s locations, marking the largest deployment of NFC-based mobile commerce in drive-thru.  

Menomonee Falls, Wis. - Kohl’s Corp. expects same-store sales to decrease 1.4% in the third quarter of fiscal 2014. The company said October sales have been softer than the balance of the quarter.    Geographically, Kohl’s expects sales to be consistent across all regions. E-commerce sales are expected to increase more than 30%. By line of business, the company expects children’s to report same-store sales increases for the quarter.  

Cincinnati -- Macy’s and Bloomingdale’s stores plan to open in Abu Dhabi, United Arab Emirates (UAE) in 2018 as part of a strategic partnership with Al Tayer Group LLC, a UAE-based company with diversified businesses. This will be Macy’s first international store location and the second for Bloomingdale’s.   

Englewood Cliffs, N.J. -- LG Electronics USA has selected Ugam's Brand Intelligence solution to help manage its brand reputation and channel relationships in the U.S. consumer electronics industry. Ugam's technology and services will support LG's commitment to deliver a superior customer experience by enforcing compliance with its pricing policy.  

By Murali Nadarajah, Xchanging Malaysia   Consumers can purchase virtually anything they want anytime from anywhere, from the Internet to social media to mobile devices to good old brick-and-mortar stores. As a result of today’s omnichannel approach to retail, chain stores now have access to a massive collection of customer data that hasn’t existed until recently.  

Cleveland, Ohio –- The Sherwin-Williams Company had a strong third quarter of fiscal 2014, with net income growing 24% to $326.24 million from $262.97 million in the same period a year earlier. Net sales climbed 10% to $3.15 billion from $2.85 billion.  

Dallas -– Specialty sports retailer Rally House has signed a 10-year lease for a 6,200-sq.-ft. store location at Old Town Shopping Center in Dallas. Westwood Financial Corp. (WFC), a privately held owner-operators of U.S. retail properties, operates the center.  

Bentonville, Ark. –- Wal-Mart Stores Inc., which launched a video game trade-in program in March 2014, is now building on the program by offering used video games for sale in 1,700 stores. These games will be sold in their own section or alongside other value titles.