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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

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Five at Five: Brookstone Ends Era With Bankruptcy

PYMNTS

Coverage includes a bankruptcy filing by Brookstone , Apple surpassing the $1 trillion market cap milestone, Amazon getting hit by Italian regulators, Kroger launching delivery in key markets and the CSO of Facebook stepping down. Apple Reaches Historic Market Cap Threshhold. The iPhone maker became the first U.S.