Finance & Capital Management

Ikea and Best Buy are among the top retailers supporting a U.S.-sponsored pledge to act on combating climate change.

President Barack Obama met with a group of business leaders Monday at the White House to announce the signatories of the American Business Act on Climate Pledge.

"The perception is that this is an environmental issue, it's for tree-huggers, and that hard-headed business people either don't care about it or see it as a conflict with their bottom lines," Obama said.

Wegmans has confirmed the next location of the family-owned supermarket chain's 87th store.

The retailer plans to build a store in Lancaster, Pa. The store is expected to be up to 120,000 sq. ft. in size and similar in design to Wegmans’ newest stores.

Target on Monday officially opened the application process for its new startup accelerator program, created in partnership with Techstars and led by Target EIR (entrepreneur-in-residence) West Stringfellow. The retailer posted a Q&A with Stringfellow, who forged Target’s partnership with Techstars, on its Bullseye blog.

Here are highlights:

Start-ups looking to revolutionize retail have a significant new opportunity for support.

Sports Authority is joining other top retailers with plans to fortify their employee ranks for the holidays.

The sporting goods retailer announced it will hire 3,500 temporary employees across the country to meet consumer demand during the 2015 holiday season. All Sports Authority locations will begin hiring in mid-October and continue through December. Sports Authority plans to convert hundreds of seasonal workers into permanent Team Members after the holidays.

As it prepares for a planned IPO, Square, the payments processing company led and co-founded by tech heavyweight Jack Dorsey is adding key executives to its Square Capital business financing operation.

Licensed apparel company Cherokee Global Brand is acquiring a new retail chain just a few weeks after announcing its relationship with Target is ending.

Start-ups looking to revolutionize retail have a significant new opportunity for support.

Imagine you are the general counsel at a retailer involved in sensitive M&A discussions. You receive an email from one of the deal’s outside advisors. He says he needs some information about your company, the kind you’ve passed on before. You send it along — and later find that you were victimized in a sophisticated cyber-attack aimed at stealing sensitive information.

According to MyEastTex.com, H-E-B might be considering an acquisition of regional grocer Brookshire Grocery, based on information from a source close to the situation.If this deal comes to pass it would put HEB in markets beyond Texas for the first time, as Brookshire has stores in Southwestern Arkansas and western Louisiana.