retail news in context, analysis with attitude

• The Associated Press reports that "McDonald’s is testing bigger and smaller versions of its Big Mac as the world’s biggest hamburger chain pushes to revive its business. The company says it’s testing a ‘'Grand Mac' and 'Mac Jr.' in the Central Ohio and the Dallas areas, and will see how they do before deciding on a national rollout."


• The Wall Street Journal reports that Visa Inc. is "launching software that will shave as many as 18 seconds off the time it takes to make a payment" using the new chip-enabled debit and credit cards. At the same time, Walmart says that it has cut off 11 seconds from the average chip card transaction time by eliminating "a prompt that asked shoppers to confirm the amount of the transaction."

The story notes that "the moves are a reflection of the widespread consternation that has greeted the new cards, which offer better security than the older ones but require more technology that slows transaction speeds."


• Add Tops Friendly Markets to the list of retailers saying it will "source 100% of our private label eggs locally from chickens in cage free housing by 2025, based upon available supply."
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