News

Hot Canadian brand signs lease for first U.S. store
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.
Target tests recipe for food growth
Target Corp.’s partnership with MIT Media Lab and global design firm IDEO is bearing fruit — literally.

Exclusive Preview: Cheesecake Factory adds mobile payment to menu

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.
Aaron’s makes a difference in D.C., and beyond

Store managers from 2,000 Aaron’s location gathered in Washington, D.C., for their annual meeting and to participatein a wide range of unique community outreach efforts.

The giving efforts kicked off with a donation event in which Aaron's donated furniture to 28 apartments for families who have experienced homelessness. This effort supports Washington, D.C., Mayor Muriel Bowser's (pictured above) efforts to ensure safe, dignified housing for all Washingtonians and end homelessness in the District of Columbia.
Starbucks to donate all unsold food

Starbucks Corp. announced a major initiative to help the nation’s neediest citizens.

The coffee giant is launching FoodShare, a program to donate all leftover ready-to-eat meals from its 7,600 U.S. company-operated stores to food banks. In the first year alone, the program will be able to provide nearly 5 million meals, according to company estimates.
Macy's names REIT expert to board amid pressure to sell off real estate

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.
Report: Urban Outfitters going bigger with Anthropologie

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.
Millennials to require omnichannel store reconfiguration

Brick-and-mortar retailers are on notice – shifting customer demographics will require far-reaching redesign of the physical store by 2025.

According to a new study from technology market intelligence firm ABI Research, millennials are driving a revolution in how stores use technology to provide a shopping experience.
Wayfair pins hopes on social offering

Online home furnishings retailer Wayfair Inc. is having success with a proprietary feature that may have been inspired by one of the hottest emerging social platforms.

According to Wayfair, its Idea Boards feature is growing rapidly in popularity, especially among users of the retailer’s mobile app. Idea Boards is an online tool that enables customers to save and organize their favorite Wayfair products in one location.
Groupon expands online delivery presence

In case you needed yet another reminder of how competitive the online delivery vertical is getting, online deal platform Groupon is adding a new city of operation to its OrderUp on-demand food delivery app.