Strategy

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Target Corp. may have shuttered its Canadian stores, but that doesn’t mean the discounter is done with global retailing.

According to the Minneapolis Star-Tribune, Target has expanded a 2014 pilot program that made about 200,000 items available to U.K. customers via eBay to 64 countries. Target is also partnering with international shipping logistics firm Borderfree in a test of a new global e-commerce site, intl.target.com.

Consumers in Columbus, Ohio, are being given a new option for mobile payment.

CurrentC, the mobile payment application from retailer-backed consortium Merchant Commerce Exchange, is now being piloted at stores in Columbus. Major retailers currently participating in MCX include Walmart, Sam’s Club, Sears, Target, CVS and Kmart.

MCX briefly announced the Columbus beta test on the CurrentC webpage, with few details. Reuters reports that 12 major retailers are testing the service at 200 store locations, and the test may be expanded in early 2016.

Just a few weeks after losing its CEO, Tuesday Morning posted impressive financial results for the first quarter, including an increase in same-store sales.

For the first quarter ended Sept. 30, the Texas-based off-price retailer posted a same-store sales increase of 3.6%. Net sales were $202.3 million, slightly higher than the prior year period. The company ended the first quarter with a store count of 757, a decrease of 44 stores year over year. Operating loss for the first quarter was $6 million.

In the wake of the news that Walgreens Boots Alliance would be acquiring Rite Aid, Walgreens CEO Stefano Pessina told the New York Times that he is open to opportunities that would expand the company’s footprint around the globe.“Due to my age, I won’t have a possibility to make many more acquisitions,” Pessina told the Times. “And unfortunately, I cannot amuse myself dealing directly with small acquisitions, and dealing directly with owners and so on. ...

Build-A-Bear Workshop logged an increase in same-store sales in the third quarter even as the company enters what is historically its most profitable season.

Same-store sales at the specialty retailer increased 2.1% in the third quarter ended Oct. 3. This was the fifth consecutive quarter it grew same-store sales.

Virginia Beach, Va. -- Wheeler Real Estate Investment Trust announced the sale of three non-core properties, Harps, Jenks Reasor's, and Bixby Commons located in Tulsa and Delaware Counties, Oklahoma, for $28.2 million. The three free-standing properties total approximately 187,705 sq. ft. were sold under separate contracts.

O’Reilly Automotive plans to accelerate its expansion plans in 2016 following record revenue and profit in the third quarter.

The auto parts retailer now plans to open 210 new stores next year. The company is also on track to open 205 new stores by the end of 2015.

Southeastern Grocers on Thursday announced a significant pricing initiative that addresses exactly what customers need: a $40 million investment into permanent lower prices on the products Winn-Dixie customers buy the most.

Customers stated in a recent survey that “affordable prices” was the most important requirement from a grocery store, so Winn-Dixie is introducing a New Regular Pricing Program that will permanently reduce the prices on more than 1,500 grocery items at all 518 Winn-Dixie stores.

Home improvement retailer Ace Hardware Corp. is making its POS preferences known.

Ace is officially endorsing Epicor as the POS provider for its 4,800 locally owned cooperative stores around the globe. Today, more than 3,000 Ace Hardware store locations are leveraging the Epicor Eagle retail business management solution.