News

Rehoboth Beach, Del. - Grotto Pizza has leveraged the Paytronix Rewards Platform to implement a multi-tiered loyalty program that enables the chain to reward year-round diners without heavily discounting seasonal guests. In particular, the “Winter Wednesday” promotion has enabled Grotto Pizza to increase off-season traffic on what was its slowest day of the week by 84%.

Coppell, Texas – Higher selling, general and administrative (SG&A expenses) helped drive down net income at The Container Store Inc. during the fourth quarter of fiscal 2014, and the retailer expects open nine new stores and relocate one store during fiscal 2015. The Container Store reported net income of $13 million, down 29% from $18.3 million in the same quarter the prior year.

Net sales totaled $224.26 million, up 3% from $216.82 million. Same-store sales dropped 0.8%.

New York - Shareholders for Change at The Children's Place, an activist investor group led by Macellum Advisors GP LLC and Barington Capital Group L.P., has filed a detailed investor presentation with the Securities and Exchange Commission ("SEC"). The presentation supports the election of two board of directors nominees, Seth R. Johnson and Robert L. Mettler, at the upcoming 2015 annual meeting.

Minneapolis – Best Buy Co. Inc., a founder of the MCX retailer consortium that is developing a mobile payment system called CurrentC, will accept Apple Pay in stores starting later in 2015. Apple announced Best Buy’s planned participation in Apple Pay during a call with investors.

Plano, Texas – Rent-A-Center Inc. reported stable profit during the first quarter of fiscal 2015. The retailer’s net income totaled $27.3 million, up 1% from $27.26 million in the same quarter a year earlier.

Consolidated total revenues climbed 6% to $877.64 million, from $828.47 million. Same-store sales rose 8%.

Wayne, N.J. – If Darth Vader scared you, then you’ll probably want to check out the new online “Star War”s hub that Toys “R” Us Inc. is launching as part of a year-long omnichannel promotion tied to the classic movie franchise, which returns with a new film in December. The hub will showcase video content, event information and more in the coming months.

Purchase, N.Y. - MasterCard will acquire cloud-based analytics provider Applied Predictive Technologies (APT) for $600 million.

APT’s Test & Learn platform enables users to apply analytics to design, measure and calibrate marketing, merchandising, operations and capital initiatives.

Melbourne, Australia – Vertical Australian luggage retailer Crumpler has selected Raymark's cloud-based store management software suite for deployment in its stores worldwide. The software initiative is aimed at supporting Crumpler's international growth, improving the omnichannel customer experience and modernizing IT operations.

Chain Store Age recently had the chance to speak with noted consumer trend expert Faith Popcorn, founder and CEO of marketing consulting firm Faith Popcorn’s BrainReserve, about steps McDonald’s can take to reverse its struggling fortunes. Popcorn’s insights come on the heels of McDonald’s reporting a 33% year-over-year drop in profits for first quarter 2015.

Bigger Isn’t Always Better
According to Popcorn, McDonald’s vast size is not necessarily an asset anymore.

Hy-Vee is joining the legion of grocery chains with online ordering, delivery and store pickup.

According to KCCI-TV in Des Moines, Iowa, the regional supermarket is rolling out a service called Aisles Online in select stores.

The news site quotes Hy-Vee as saying that the average order has about 30 items and takes a worker about a half-hour to compile. The items are scanned, loaded up and delivered. Or customers can pick them up at the store. Delivery costs $4.95 per order, and pick-up costs $2.95 per order, with the charges dropped for orders of $100 or more.