Strategy

Greensboro, N.C. – Outlet shopping center operator Tanger Factory Outlet Centers Inc. is launching new sustainability initiatives for its U.S. locations promoting alternative energy usage.

Among these initiatives is a nationwide electric vehicle (EV) charging network system that will be available at 23 Tanger Outlets locations in the U.S.

Tanger has partnered with ChargePoint Networks to develop and maintain the network providing multiple spaces for EV owners with no added cost.

West Chester, Pa. - QVC will open a state-of-the-art distribution center in Ontario, California. When the new facility begins operation in third quarter 2016, it will serve as a West Coast distribution hub for QVC.

As QVC ramps up operations, the center is expected to employ more than 500 team members by 2018. QVC anticipates hiring approximately 1,000 team members in total by 2020 as the distribution center expands fulfillment to all product categories.

Chicago -- Specialty retailer Lids has selected ShopperTrak to measure in-store traffic and provide customer behavior insights for Lids and Locker Room by Lids stores.

Birmingham, Ala. -- In a deal that may take it private again, Books-A-Million Inc. has given its OK to a buyout deal from the family of its original owners.

The chain reached an agreement to be acquired by a newly organized entity owned by the Anderson Family, which includes Books-A-Million executive chairman Clyde B. Anderson, for $21 million, or $3.25 a share in cash. (According to the most recent SEC filing, the Anderson family already owns 58.2% of the company).

QVC is ramping up its distribution network on the West Coast with a new, state of the art facility in Ontario, Calif.

The multichannel retailer plans to open a West Coast distribution hub there in 2016. As QVC ramps up operations, the center is expected to employ more than 500 team members by 2018. QVC anticipates hiring approximately 1,000 team members in total by 2020 as the distribution center expands fulfillment to all product categories.

Grapevine, Texas – GameStop Corp. has completed a very geeky purchase. The video game chain has acquired 86% of outstanding shares of Geeknet Inc. in a tender offer that expired July 13, 2015.

GameStop Corp. purchased about 5.92 million shares for $20 per share in cash, or roughly $11.8 million. The retailer will make payment on July 17, 2015.

With its stock trading at a 52-week low, Sears has made an interesting choice to lead its department store business.

The company says it has found a new executive to develop a strategy for the Sears format that focuses on meeting the needs of the Shop Your Way member.  

Vancouver, Wash. – Papa Murphy’s Holdings Inc. is minding the store when it comes to marketing. The pizza chain has signed an agreement with marketing execution firm InnerWorkings Inc. to strengthen the impact of its point-of-purchase printed marketing materials and branded merchandise at the its more than 1,400 locations across the U.S.