The prospect of the retail will be unveiled during this festive season. Target is all set to launch a retail store that will comprise partly a pop art display and partly a magical toy store. This initiative is said to be located in the Downtown Manhattan.
Firm Management
Starbucks upbeat on record gift card sales on Christmas Eve
Starbucks Corp is banking on gift card strategy to boost business volume this holiday season. The American Coffee company is expecting a record number of gift-card purchases on Christmas Eve. The gift-card business is propelling more traffic and loyalty to Starbucks cafes.
Prismatic will shut down its news app for iOS, Android and Web
Today, Prismatic declared that it will no longer be available and accessible for iOS, Android, and web news reader products and Interest Graph APIs for third-party developers.
CBS CEO said Apple paused TV subscription making it hard for broadcasting firms to coordinate
CBS Corp. Chief Executive Officer Les Moonves announced Tuesday that Apple has hit the pause button in its TV subscription plans. According to Talking New Media, this is a sign that coordinating with broadcasting firms to develop a system for their business plans is harder than what was initially expected.
Generous Texas billionaire gave each employee $100,000 incentive
Hilcorp Energy Co. gave each of its 1,381 employees $100,000 for hitting its five year goal. According to a report from the Sydney Morning Herald the bonus is part of the Houston-based company's incentive program called "Dream 2015."
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Though usually considered only when convenient for consumers in the US, the 7-Eleven franchise in Asia has become a different company, selling varieties of snacks and services to its varied customers across Asia.
In honor of Veterans' Day and in extending gratitude to military veterans Starbucks announced that it is offering free tuition to spouse or one child of an employee-veteran working at Starbucks.
The Treasury has sold worth of 13 billion British pounds of Northern Rock mortgages to a US private venture firm in what is thought to be the greatest ever budgetary source deal by the European government.
One of the US fastest growing fast food chains, Shake Shack announces that the company will increase its menu prices again by 2016. The announcement was made by the company's CEO, Rany Garutti to investors citing that it is preparing for a minimum wage hike by next year.
Walmart's labor activists have sent a petition demanding the company to give 10% employee discount in all food at all times of the year, following to successful effort to raise wages.
Lenovo started at developing circuit board to process Chinese character in 1984. It now has become the most respectable name in PC market. Led by CEO Yan Yuanqing, Lenovo has launched to become a solid global brand.
The world's oldest bank Banca Monte dei Paschi di Siena SpA has announced encouraging levels of capital. The Italian banking major's common equity Tier-I ratio is up at 11.7 percent by the end of September from 10.7 percent in June.
Starbuck's new holiday cups are back for the Christmas celebration. However, instead of having Christmas symbol doodles, it has a simple red ombré design. This offends a lot of costumers, who accused the giant coffee shop that they "hate Jesus."
Amazon will close its mobile point-of-sale system Amazon Register, and users only have until Feb 1, 2016 to switch to another service provider. Bidnes Etc reported that Amazon.com, Inc, which was just launched last year, is considered unsuccessful. The company no longer welcomes new registration for the mPOS. It will close down after February 1, but it will still provide transaction histories until February 28, 2016.
