News

The Cheesecake Factory is known for offering a wide variety of food items, and now is also expanding its range of payment options.

Starting in April, The Cheesecake Factory will roll out a new mobile payment app called CakePay. To use CakePay, guests will check in and receive a four-digit code they give to the server at the time their order is taken. The server will then enter the order and the code into the POS system.

Target Corp.’s partnership with MIT Media Lab and global design firm IDEO is bearing fruit — literally.

In January, Target announced the launch of the Food + Future coLab, a multi-year collaboration with MIT and IDEO to explore the future of food. Although it’s only been a couple of months, Target is already testing two ideas from the coli.

Urban Outfitters Inc. offers what can appear to be a random and eclectic variety of products on its shelves, but careful planning goes into the specialty chain’s store assortment.

Macy's has added an expert in real estate investments its board as the department store retailer remains under pressure from an activist investor to spin off some of its real estate into a real estate investment trust.

Ikea’s new location in Las Vegas will be the site of the largest single-use retail rooftop solar array in Nevada. The store is set to open May 18, 2016.

The solar array comprises a 1.14 MW system, built with 3,620 panels. It will produce approximately 1,750,000 kWh of electricity annually for the store, the equivalent of reducing 1,207 tons of carbon dioxide (CO2) – equal to the emissions of 254 cars or providing electricity for 166 homes yearly.

Urban Outfitters is going against the smaller-is-better footprint trend and experimenting with larger-sized stores for its Anthropologie brand.

The retailer is testing four “ultimate experience” Anthropologie stores, ranging in size from 20,000 sq. ft. to 30,000 sq. ft., Women’s Wear Daily reported.

Retail CFOs are bullish on online sales growth, but they are focusing fewer dollars on building out their online presence in 2016 as they look instead to enhance the in-store experience in response to omnichannel expectations.

A popular goose has found a nest in Manhattan’s SoHo neighborhood.

Canada Goose, best known for its signature goose-down jacket with Arctic Circle logo and fur-trimmed hood, has signed a lease for an approximate 4,400-sq.-ft. store on Wooster Street, The Real Deal reported. The asking rent for the space, according to the Real Deal, was $550 a foot.

Hickory Farms is looking for new ways to grow following the operator of the company acquisition last fall by a private equity firm and the recent appointment of a CEO who spent time at RedBox and Crate & Barrel.

Apparel chains focused on tweens and teens are increasingly at risk of filing for bankruptcy protection.

At least that’s the view of Michael McGrail, COO of Tiger Capital Group and a veteran retail liquidation and asset appraisal executive.