REAL ESTATE

Eight Corner Bakery Cafes coming to Sacramento area

BY Michael Fickes

Dallas — Corner Bakery Café ended 2013 with a multi-unit restaurant development agreement to open eight new restaurants in the Sacramento area with a new franchise partner, East Bay restaurants of Pleasanton, Calif.

East Bay owns and operates 48 Burger King and seven Taco Bell restaurants. The group of veteran restaurant operators plans to open its first Corner Bakery in 2014 and the remaining seven over the next five years.

The East Bay agreement raises the total of Corner Bakery restaurants under development to more than 300.

Corner Bakery Café currently has more than 160 company-owned and franchised locations around the country.

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News

Starbucks launches app update in wake of security concerns

BY Marianne Wilson

Seattle — Starbucks Coffee Co. announced that it has rolled out an updated version of its mobile app for iOS which provides “added layers” of protection. The company said it encourage customers to download the update as an additional safeguard measure.

The news comes after reports surfaced that the chain’s mobile app was not secure and leaves users vulnerable. In a letter posted on Starbucks’ website, company CIO Curt Garne noted the app update was being done out of caution.

“We’d like to be clear: there is no indication that any customer has been impacted by this or that any information has been compromised,” Garner said. “Regardless, we take these types of concerns seriously and have added several safeguards to protect the information you share with us. To protect the integrity of these added measures, we are unable to share technical details but can assure you that they sufficiently address the concerns raised in the research report.”

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OPERATIONS

In wake of breaches, NRF calls for adoption of PIN-and-chip cards

BY Marianne Wilson

New York — The National Retail Federation is calling for the use of chip-and-PIN technology in credit and debit cards. Experts say the technology, standard around the world, is more secure than the magnetic stripe cards that are still widely used throughout the United States.The technology has not been widely adopted in the United States, partly due to its higher cost

"PIN-and-chip cards are widely used across the globe, and it’s time for the bankcard industry in the United States to adopt that technology to better protect our consumers,” stated senior VP for government relations David French. “We must transition away from 1960s technology and adopt a 21st century system that will help reduce and prevent fraud and protect customers from the threat posed by sophisticated cybercriminals, hackers and data thieves.’

In addition to calling for the adoption chip and pin technology, the NRF board agreed at its meeting on January 12 that the country needs a federal cyber law that would allow for immediate sharing of information about the latest threats, and would outline a comprehensive plan for the thorough investigation and prosecution of data crimes.

THe NRF board also called for a single federal breach notification law to replace the patchwork of 47 different state laws which would allow retailers to focus on a single law and simplify consumers understanding of their rights.

“In the days ahead, the NRF will be working with retailers large and small, policy makers, trade associations, consumer protection advocates, law enforcement and other stakeholders to coordinate and advance a campaign that will ultimately result in consumer data protection,” said Mallory Duncan, senior VP and general counsel, NRF.

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