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$SBUX said at the end of 2Q16 the company had 12MM active Startbucks Rewards customers in the US with total program spend growth of 22% YonY. The company now has almost 19MM users of its mobile app in the US alone. Mobile payments represented 24% of total US tender in 2Q16 and mobile order and pay continues to be increasingly embraced by customers.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.