News

Dunkin’ Donuts launches mobile payment app

BY Katherine Boccaccio

Canton, Mass. — Dunkin Brands said Friday it has launched its first-ever mobile app for payment and gifting purposes.

The app for iPhone, iPod touch or Android smartphone will allow users to pay food, beverages, and merchandise at Dunkin’ Donuts restaurants throughout the U.S. by scanning a device in-store or at the drive-thru.

Additionally, an mGift feature will enable consumers to send virtual gift cards three ways – text, email, and Facebook Connect.

The free app, available from the App Store and Google Play Store, supports American Express, Visa, MasterCard, Discover, and PayPal. It includes store location features, nutritional information, and social media links.

“This is a clear example of our determination to invest in technologies that help us exceed our guests’ expectations and enable our franchisees to run their restaurants as efficiently and effectively as possible,” said Nigel Travis, Dunkin’ Brands CEO and Dunkin’ Donuts president, U.S.

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FINANCE

Aeropostale profit drops in Q2; lowers guidance

BY Staff Writer

New York — Aeropostale reported Friday that net income for the second quarter was $100,000, compared with $2.9 million last year.

Sales increased 4% to $485.3 million, from $468.2 million in the year-ago period. Same-store sales, including the e-commerce channel, were essentially flat, compared with a 12% decrease last year. Excluding e-commerce, same-store sales dipped 1%, compared with a 14% decrease last year.

The company has lowered its third-quarter guidance.

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OPERATIONS

Body Central names interim CEO

BY Staff Writer

New York — Body Central announced Friday that Thomas W. Stoltz has been promoted to COO and named interim CEO.

Stoltz has served as the company’s executive VP and CFO since September 2011 and replaces B. Allen Weinstein, the company’s former CEO who retired effective Aug. 16.

Stoltz will also continue to serve as Body Central’s CFO.

The women’s apparel retailer has begun a search for a new CEO.

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