Starbucks is launching Apple Pay as a mobile payment option at select stores, and will roll it out to 7,500 company-owned cafes by the end of next year. Other chains including Chili's Grill & Bar and KFC will also add the payment option, Apple Vice President Jennifer Bailey said.
Abercrombie & Fitch has made moves toward inclusiveness to boost sales, and it's putting mobile first as young shoppers trade hanging out at the mall for getting together in the digital world, A&F Senior Vice President of Digital and E-commerce Billy May said. "It's not enough to optimize for mobile, you have to transform for mobile," he told attendees at the Shop.org Digital Summit this week.
Smart devices ranging from maintenance sensors to household items will be able to connect with Amazon Web Services' newly launched cloud-based service for the Internet of Things. AWS IoT makes Amazon a competitor in the Internet of Things field, which IDC projects will grow to a $1.7 trillion market in five years.
High-profile chefs including Marc Vetri, Michael Symon and Ilan Hall are working with retailer Urban Outfitters to open in-store restaurants. The eateries are part of the retailer's shift toward lifestyle stores that serve up experiences along with shopping.
Stop & Shop will unveil five new stores next week, as the retailer begins converting 25 units acquired from A&P last month in a nearly $150 million deal, the company announced Thursday. The stores, located in New York, will close for about seven days while the conversions are completed, and once reopened will feature modern decor, updated refrigeration systems and technology, and Stop & Shop's fresh departments.
Improving the omnichannel experience, making sure private label lines stand out and boosting per-customer revenue will help J.C. Penney continue its revival and hit $1.2 billion in earnings by 2017, CEO Marvin Ellison said at a retailing summit Thursday. "What we are trying to do is focus on the customers that we believe will love coming to shop at J.C. Penney, customers that will embrace our environment, and we're going to offer those customers an exceptional experience," he said.
H-E-B has formed a partnership with the Italian Trade Agency that will allow the retailer to offer more than 3,000 imported products in its Texas stores, including Italian-made pastas, olive oils, cheeses and preserves.
Sony cut $50 off the price of its PlayStation 4, landing the console at the same price at which rival Microsoft sells its Xbox One. The PS4 is now retailing in the US at $349.99, with game bundling options expected to be revealed before the holidays.
Apple's mobile payments technology is coming to Starbucks this year, with a full introduction across all the coffee purveyor's stores by the end of 2016. Also, Apple said KFC and Chili's restaurants will begin accepting Apple Pay next year.
Indian yoga guru Baba Ramdev's Patanjali Group will team with retail conglomerate Future Group to market various products, including medicine, food and cosmetics. The deal is expected to give Future Group exclusive rights to sell the products at its retail chains, including Nilgiris, Food Bazaar, Food Hall and Big Bazaar.
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