Strategy

Roswell, Ga. -- PGA Tour Superstore will open its second store on the West Coast, a 50,000-sq.ft, location in Irvine, Calif., later this year.

"We are excited to be expanding into Southern California, which encompasses one of the nation's most renowned golf areas in the country," said PGA Tour Superstore president and CEO Dick Sullivan.

With the addition of this store, the number of PGA Tour Superstores will increase nationwide to 17.

The second and third largest players in the office retail space could soon join forces. According to published reports,OfficeMax and Office Depot could announce a merger this week.

The rumors have gotten Wall Street buzzing as pre-market trading saw shares of Office Depot and OfficeMax up 28.5% and 20%, respectively.

New York -- Google is planning to open freestanding retail stores in the United States, with the first flagship locations open in time for the 2013 holiday shopping season, according to a report by online site 9to5Google.

“Google feels right now that many potential customers need to get hands-on experience with its products before they are willing to purchase," the website reported.
 

MCLEAN, Va. — Capital One Financial Corp.has reached an agreement to sell the portfolio of Best Buy private label and co-branded credit card accounts, with current loan balances of approximately $7 billion, to Citi. In addition, Capital One and Best Buy have agreed to end their contractual credit card relationship early.

Aston, Pa. -- Lighting, signage and electrical maintenance firm Action Services Group said Tuesday it has named Dale Clouser as director of marketing for the company. 

In the newly created role, Clouser will be responsible for the company’s in-bound and out-bound marketing and communication efforts. He co-founded and ran his own B2B integrated marketing and communications firm prior to joining Action Services Group.

NORWALK, Conn. — Consumer goods manufacturer Unilever has implemented Terra Technology’s Demand Sensing and Multi-Enterprise Inventory Optimization solutions across Europe. These implementations are improving forecast accuracy and helping to create a more agile and efficient supply chain, contributing to significantly lower inventory and improved on-shelf availability.

San Bernardino, Calif. -- Stater Bros. announced Monday that it has promoted Dan Meyer to EVP retail operations, charging him with oversight of retail operations for all 167 Stater Bros. supermarkets and the corporate training center.

A 42-year veteran of the company, Meyer most recently served as SVP retail operations.

NEW YORK -- Google is looking to extend its presence in the retail space, by opening freestanding stores in the United States.

According to a report by online site 9to5Google, the first flagship locations will open in time for the 2013 holiday shopping season.

“Google feels right now that many potential customers need to get hands-on experience with its products before they are willing to purchase," the website reported.