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  • Tim Hortons to open 300 U.S. stores by 2018

    Oakville, Canada – Tim Hortons is unveiling a strategic four-year growth plan for 2014-2018 called “Winning in the New Era.” The plan, which has specific segments for the Canada, U.S., and international markets, includes the opening of 300 new U.S. locations by 2018.

  • Report: Bitcoin exchange Mt. Gox closes

    Tokyo – Major Bitcoin exchange Mt. Gox has reportedly gone offline with no advance notice or explanation. According to NBC News, the Mt. Gox website is blank, its offices are closed, its Twitter account has deleted all tweets, and all trading has been halted.

  • Mastercard, Syniverse partner on mobile payment services for travelers

    Purchase, N.Y. – MasterCard and Syniverse are partnering to deliver a number of mobile and payment services for consumers to use when traveling abroad. The two companies are currently in pilot-phase for an opt-in service that will enable card transactions for users only when they have their mobile device switched on in a specific geolocation abroad.

  • Amazon expands coins program for Android devices and tablets

    Amazon customers in the U.S., U.K. and Germany can now buy, spend and earn Amazon Coins on their Android phones and tablets. Previously available for use exclusively on Kindle Fire tablets, Amazon Coins can now be used to buy the latest apps, purchase extra lives within Candy Crush or unlock Red’s amazing Super Roaster in Angry Birds GO directly from their Android devices.

  • E-commerce helps boost Vitamin Shoppe performance

    North Bergen, N.J. – Strong results in its e-commerce segment, along with growing same-store sales and income from Super Supplements stores acquired in the fourth quarter, helped boost the performance of Vitamin Shoppe Inc. during the fourth quarter and fiscal year 2013. On a year-over-year basis, fourth quarter net income grew 15.9% to $11.2 million from $9.7 million.

  • Roam launches mobile card reader

    Roam, an Ingenico company and a leading mobile commerce platform provider, has expanded its mPOS solutions to include chip and PIN acceptance with the RP750x mobile card reader.

    The new cloud-based solution is fully compatible with Roam’s mobile commerce platform, which supports new mPOS players with all mobile card acceptance types: magnetic stripe, NFC, chip and sign and chip and PIN.

    Features of the RP750x include:

  • Report: Future bright for brick-and-mortar retail

    New York -- The future looks bright for retail stores. That’s the conclusion of a new report by the International Council of Shopping Centers. The report, set to be released in May during ICSC’s RECon Conference, finds that population growth in the United States is now outpacing the addition of retail space by three-and-a-half times.

    “As a result, shopping space per capita, which peaked in 2009 at 24.2 square feet, now stands at 23.7. This correction will make way for demand in new retail space once again,” the report said.

  • True Value enhances mobile ordering app

    True Value's Mobile Order App for smartphones is putting more power into the hands of retailers, according to the co-op.

    The True Value mobile ordering app, which began as a concept about 18 months ago, is now in its sixth month of operation. It's in use at about 1,800 retailers making thousands of orders, said Rosalee Hermans, head of information technology for True Value.

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