News

Dallas – Casual dining chain Twin Peaks is partnering with MyCheck,mobile payment technology platform, to release its first branded mobile payment app in Augustc 2015.

The new Twin Peaks mobile app will allow customers to view, split and pay their bill from their phone using Apple Pay, PayPal, Google Wallet, debit or credit cards; order additional menu items, and have access to exclusive rewards and special offers only redeemable in the app.

San Jose, Calif. – eBay Inc. has sold its 28.4% stake in Craigslist back to the online classified ad service inn a confidential settlement agreement. eBay initially purchased the stake from Craiglist in 2004, but the two parties have been involved in litigation for years.

Los Angeles – Fast casual pizza chain PIzzaRev has launched the delivery of online and mobile orders through Postmates, on-demand delivery service. The partnership ensures PizzaRev customers a flat $4.99 delivery fee, and the service is currently available for seven PizzaRev restaurants in the greater Los Angeles market.  

Boca Raton, Fla. — A deal that would leave the nation with one giant office-supply retailer is one step nearer to completion.

Office Depot shareholders have voted overwhelmingly in favor of the proposed $6.3 billion buyout offer from rival Staples Inc., with 99.5 % of the votes cast in favor of the merger.

Staples proposed to acquire Office Depot in February in a cash-and-stock deal. Under the deal, Office Depot shareholders will get $7.25 per share in cash and 0.2188 of a share in Staples stock for each Office Depot share held.

Irvine, Calif. — Online menswear retailer Combatant Gentlemen Inc. is seeking to expand one of the fastest-growing segments of its business.

The company has launched The Groom's Suite, an online dashboad offering suits starting at $160 and tuxes starting at $200, to attract budget-conscious brides and grooms who prefer to buy rather than rent.

New York — Less drama and fewer flipflops — those were some of the changes at Abercrombie & Fitch Co.’s annual meeting on Thursday, Columbus Business First reports. It was the first annual gathering since longtime, controversial CEO Michael Jefferies left the company. For the full story, click here. 

New York — Aeropostale is losing a key executive and not replacing her.

The retailer announced that its chief merchandiser, Executive VP Emilia Fabricant, is leaving the company. Effective immediately, the company's senior merchandising team will report to CEO Julian R. Geiger.

The retailer said there are no plans to seek a replacement for Fabricant at this time.

Cincinnati —The Kroger Co.’s King Soopers division is tapping into consumers’ growing appetite for food delivery and natural and organic products with a new digital initiative.

The company has launched a new website that offers over 36,000 natural and organic products for customers who live in and around the Denver metro area. Every product is free from more than 101 artificial ingredients and preservatives that many customers prefer to be left out of products.

BIRMINGHAM, Ala. — Cypress Equities, the management company for Brookwood Village, announced its plans for updating the interior of the two-level shopping center that straddles the communities of Homewood and Mountain Brook.

The King Soopers grocery chain is trying to meet rising demand for fresh food delivery with a new digital initiative.

King Soopers, a division of the Kroger Co. has launched an e-commerce website KingSoopers.com/LiveNaturally.