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Big new Victoria’s Secret flagship in the works
Another larger-than-life retail showcase is coming to the Big Apple.
Victoria’s Secret plans to open a 64,000-sq.-ft. store on the corner of Fifth Avenue and 51st Street. The space was formerly occupied by Forever 21, which moved out after just seven months of operation.
“It’s a very big deal from a brand standpoint,” Stuart Burgdoefer, CFO, L Brands, parent of Victoria’s Secret, said at the company’s annual investor conference.
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Walgreens increases convenience of Apple Pay
In what could be an important step for mobile payment, Walgreens is expanding the Apple Pay functionality it provides customers.
Members of Walgreens’ Balance Rewards program can now seamlessly use their account through Apple Pay, without separately scanning a Balance Rewards card or barcode. Members will have the ability to earn and redeem loyalty points via Apple Pay by adding the Balance Rewards digital card to the Wallet app in iOS 9 and using it at checkout.

