J.C. Penney, locations nationwide
J.C. Penney Co. is expanding its kids and baby line-up with the launch of exclusive new brands, including dedicated in-store environments for Disney and giggleBABY.
Penney’s Disney shop concept ranges in size from 800 sq. ft. to 1,100 sq. ft. The branded department features toys, collectibles and children’s apparel designed exclusively for Penney and showcasing various Disney characters.
The giggleBaby departments, an extension of Giggle specialty stores, feature apparel for infants and toddlers up to 24 months, toys, bedding, furniture and accessories, including strollers and baby gear.
Other new kids brands making their debut at select Penney stores include Joe Fresh for Kids, Wendy Bellissino, baker by Ted Baker, Sally M by Sally Miller, and Flowers by Zoe by Kourageous Kids.
BitPay offers incentive for global merchants
BitPay, a payment service provider specializing in e-commerce, B2B and enterprise solutions for virtual currencies, is now offering translations into 10 languages plus English for its entire checkout experience.
Merchants servicing international customers can now present bitcoin payment instructions in the buyer’s native language, allowing merchants to more easily conduct business in emerging markets.
Recently at the European Bitcoin Conference in Amsterdam, BitPay co-founder and CEO Tony Gallippi announced that the company is actively hiring sales engineers, a director of marketing and software developers for its new offices in Amsterdam and Montreal.
“The European market for bitcoin adoption is very large, perhaps larger than in the United States,” says Gallippi. “Nearly every European business can already deal in multiple currencies, a prerequisite which is rarely seen in the U.S. Many small businesses in Europe have frequent cross-border transactions to Eastern Europe, the Middle East, and North Africa where a borderless payment system like bitcoin has great potential.”
In addition to the translations, the company has expanded its list of currencies in which merchants can set prices for their sales. The new additions include the Argentine Peso (ARS), and Gold and Silver troy ounce (XAU and XAG). For example, if a gold dealer wants to sell one ounce of gold at 5% over spot, they can set the price to 1.05 XAU and BitPay will calculate the checkout in bitcoins at the up-to-the-minute rate.
The exchange rates are based on BitPay’s Bitcoin Best Bid (BBB) rate calculation, which creates a Consolidated Level II market depth across multiple exchanges with zero commission fees, and updates every 1-2 minutes. Buyers will always get more purchasing power by spending their bitcoins at a BitPay merchant rather than selling their bitcoins on an exchange.
BitPay is a sponsor of the CryptoCurrency Conference in Atlanta on October 4-5. Both BitPay co-founders Tony Gallippi and Stephen Pair will be speaking at the event on Saturday, October 5.
Giant-Carlisle turns 90
Ahold USA-owned supermarket chain Giant Food Stores celebrated its 90th birthday.
The supermarket banner, which operates nearly 200 stores under the Giant and Martin’s Food Markets brands in Pennsylvania, Maryland, Virginia and West Virginia, marked its anniversary Friday morning at a store in its hometown of Carlisle, Pa. Customers at all the company’s 200 stores will receive free slices of cake and free apple slices Friday.
"Since Giant-Martin’s was founded in Carlisle on Oct. 4, 1923, our commitment to being a good neighbor has been unwavering," Giant-Carlisle president Rick Herring said. "We celebrate with and wish all our associates a happy 90th birthday."
During the time leading up to the anniversary, the company spent 90 days donating to local charitable organizations, including a $9,000 donation to Project SHARE, a local group that provides food and nutrition education assistance. In total, the company donated $81,000 to nine regional food banks.
"Our 90 days of giving enabled us to give back to our local communities and exemplified the enthusiastic and generous spirit of our associates, who we view as our best community ambassadors," Herring said.
David Javitch founded the chain in 1923 when he opened a two-man butcher shop called the Carlisle Meat Market. A decade later, Javitch purchased a store in Lewistown, Pa., and renamed it the Giant Shopping Food Center, introducing the new concept of dry goods and perishables under one roof. Growth continued, and the company purchased the Hagerstown, Md.-based Martin’s chain in 1970. The Javitch family sold the company to Ahold in 1981.