Strategy

Westlake, Ohio -- TravelCenters of America said it has completed its acquisition of 31 convenience stores/gas stations in Kentucky and Tennessee for $67.9 million. The deal was first announced on Nov. 14.

NXT-ID, a biometrics company focused on the growing m-commerce market, has elected former MasterCard executives Lawrence Flanagan and Ken Moy to its newly formed board of directors. The appointments align with the company's roll-out and 2014 launch of the Wocket, a next generation biometrically secure wallet.

Arlington, Va. -- Ajani Stewart has joined the Retail Industry Leaders Association (RILA) as part of the sustainability team within the RILA legal department. Stewart is leading the development of RILA’s Center for Retail Compliance (CRC). RILA recently received funding to develop the CRC, a web-based resource for retailers and stakeholders in the industry to access solutions and information for maintaining and achieving environmental compliance. Stewart is responsible for the development of the center.

Faced with unwavering demand for its brand of food retailing and an abundance of potential locations, Whole Foods executives on Tuesday increased their forecast for U.S. store growth to 1,200 locations from 1,000.

Toronto, Canada -- Staples Canada has announced its sustainability achievements for the third quarter of 2013, meeting its recycling and energy efficiency program goals.

Hudson’s Bay Company has named Donald Watros, currently the company’s COO, as president of HBC, a newly expanded role. The appointment is effective Feb. 1, 2014.

The move comes as the company restructures its leadership so it can focus on managing and growing HBC’s presence in North America, as well as its expanding portfolio of brands.

Austin, Texas -- Merchandise optimization solution-provider Revionics said that it has entered into a multi-year agreement with DIXY Group, one of Russia’s largest national retail operators in the food retail market, to provide Revionics price optimization solution to the company’s DIXY Neighborhood Stores, which includes 1,580 retail stores.

Macy’s plans to build a major direct-to-consumer fulfillment center near Owasso in Tulsa County, Okla., to support continued sales growth driven by Macy’s omnichannel strategy.

The site is strategically located near the intersection of 76th St. North and Lakewood Ave., about 12 miles north of Tulsa. The company is expected to invest more than $170 million in the facility.