Strategy

While Best Buy is still the world’s largest consumer electronics chain, it’s no secret that the brand faces big questions about store size, format, and long-term viability in an evolving brick-and-mortar retail landscape. I found the recent announcement that Microsoft and Best Buy had reached an agreement to roll out dedicated Windows “stores” in 600 Best Buy locations across North America this summer to be somewhat surprising, but certainly in line with the needs of both companies.

Madrid, Spain – Spanish apparel retailer Grupo Cortefiel is supporting growth across multiple fast-moving product categories and Springfield, Cortefiel, women’secret and Pedro el Hierro retail brands using product lifecycle management (PLM) technology from Centric Software Inc. Grupo Cortefiel will deploy the Centric PLM suite to users in its costing, design, product development and product management departments.

ROCKFORD, Mich. — Wolverine Worldwide reported record revenue and strong earnings performance for its second fiscal quarter ended June 15. The quarter included a full 12-week contribution from the company's recenty acquired Sperry Top-Sider, Saucony, Stride Rite and Keds brands. 

NEW YORK — Saks Fifth Avenue Off 5th is opening its third store in metropolitan Atlanta, but the 28,000-sq.-ft. space at the Outlet Shoppes of Atlanta at Woodstock will be the first modeled after the company’s “luxury-in-a-loft” design.

New York -- Belle Foods plans to close 13 stores by Aug. 3, including six in Alabama, according to a report by the Birmingham Business Journal. The shutters are part of a reorganization following the chain’s Chapter 11 bankruptcy filing.

Of the 13 store closures, 12 are Food Worlds and one is a Piggly Wiggly.

DENVER — Junction Solutions, a leading provider of hosted and cloud-based software and services for the multichannel retail and food and beverage sectors, has appointed John Bonati as SVP of sales. 

Bonati will manage the global sales activities for the company’s industry-specific software and service solutions. 

Watsonville, Calif. -- West Marine has released its BlueFuture(R) 2012 Sustainability Report. The study encompasses the retailer’s company-wide efforts focusing on sustainability, including improving and protecting the marine environments, reducing the company's carbon footprint and encouraging people to enjoy being out on the water.

Included in the report is a reduction in the company’s greenhouse gas of 4.29% year over year, with an over 17.5% reduction since its 2007 baseline.

Denver -- Natural Grocers has opened its third Nebraska store in central Omaha, Neb. It is the second Omaha store and the 89th store in the organic grocery chain.

The family-run chain, which went public in 2012, has locations across Colorado, Texas, Utah, Wyoming, Oklahoma, Missouri, New Mexico, Montana, Kansas, Idaho, Nebraska, Arizona and Oregon.