Strategy

DULUTH, Ga. — NCR Corporation announced that it will acquire Radiant Systems, a leading provider of multichannel point-of-sale and managed host service solutions to the hospitality and specialty retail  markets, through a cash tender offer of $28 per Radiant Systems share. The equity purchase price of $1.2 billion has been approved by  the boards of directors of each company. NCR and Radiant Systems currently anticipate the transaction will close during the third quarter of 2011, subject to regulatory approval.

By David L. Barron

NASHVILLE, Tenn. — The Retail Orphan Initiative on Tuesday announced the launch of an online charity locator to match up retailers looking to donate overstocked merchandise with local charities. The charity locator features an interactive map of nearby charities from a RetailROI-developed database of 501c3 organizations across the country that focus on at-risk children, women in distress or families in need.

Quebec -- Fashion brand Groupe Dynamite, based in Quebec, said Tuesday it has selected Oracle Retail applications to support the company’s expansion plans.

Groupe Dynamite said it will implement Oracle Retail merchandising, demand forecasting and store solutions across its 250 “Garage” and “Dynamite” brand locations in North America.

“We want to transform our business and needed a proven retail technology platform as a part of that process,” said Anna Martini, president, Groupe Dynamite.

New York City -- A report by Reuters on Tuesday said that a group of landlords have filed objections in U.S. Bankruptcy Court in Manhattan, disputing the process by which Borders Group is attempting to auction itself out of bankruptcy.

According to the nearly 20 landlords that filed objections on Friday and Monday, the plan offers no information regarding which leases would be assumed by potential buyers of Borders’ assets.

Seattle -- A Monday report by the Wall Street Journal said that Amazon.com on Friday filed a petition to add a measure on the California ballot asking voters to repeal the recently passed California law that requires online retailers to collect sales tax.

Amazon needs to submit 504,760 signatures by late September in order to get the measure on the Feb. 7, 2012 ballot for the next statewide election.

MONTVALE, N.J. — A&P announced that it has introduced a new line of locally raised chicken, turkey and beef products exclusively available to customers at select A&P, Pathmark, Superfresh, Waldbaum’s and The Food Emporium stores. All Mid-Atlantic Country Farms products are raised by family-owned farms using humane and sustainable farming methods, reducing the environmental impact of shipping food products over long distances, the company reported.

New York City -- Navarro Discount Pharmacy, which currently has 29 stores, has named CFO Juan Ortiz  to the position of CEO.

Ortiz succeeds CEO Steve Kaczynski, whose expertise in retail merchandising and marketing over the last 18 months has been instrumental in setting a strategic direction for the company and expanding its footprint in South Florida and nationally, the company said.