Corporate Governance

Google is reportedly looking to beef up its professional apps offering by purchasing a well-known provider of hosted online retail services. According to Re/Code, Google is considering purchasing Shopify. The Canadian provider of cloud-based e-commerce tools is a public company valued at $2.25 billion. [Re/Code]

Destination XL Group is seeing strong same store sales growth from its stores branded as DXL as it continues to shift away from the smaller footprint Casual Male concept.

Destination XL Group, which bills itself as the largest omnichannel specialty retailer of big and tall men's apparel, said its total same store sales increased 3.1%, but its 137 DXL stores open for more than 13 months grew comps 8.9%.

Ross Dress for Less opened a new store in O’Fallon, Missouri on March 5.

The 25,000-sq.-ft. store is located at the O’Fallon Walk Shopping Center, 30 miles west of downtown St. Louis along Interstate 70 between Lake St. Louis and St. Peters, on the southwest corner of Highway K and Feise Road.

The opening is part of the retailer’s 2016 expansion program, totaling about 70 new locations during the year.

The CEOs of Staples and Office Depot penned a letter to customers which reveals the extent of their deteriorated relations with the Federal Trade Commission ahead of a hearing that begins March 21 that will determine whether the retailers are allowed to merge.

In the letter, Staples chairman and CEO Ron Sargent and Office Depot chairman and CEO Roland Smith stop short of actually calling the FTC stupid, but that is the inference from more diplomatically worded prose.

Specialty apparel retailer New York & Company plans to convert even more of its nearly 500 stores to an outlet format following a strong finish to the year.

Meeting Walmart’s product information requirements is not always easy for its suppliers, but the retailer is providing a new option that may make things a little simpler.

Walmart is integrating with product content technology provider Shotfarm. Walmart suppliers can now use the Shotfarm Switch Marketplace platform to directly connect with the retailer. This means suppliers can work with requirement such as the Walmart Spec program, which details the required, recommended, and optional data attributes suppliers must provide for their products.

PizzaRev, a fast-casual pizza concept backed by Buffalo Wild Wings, announced its first locations in New York.

New York is one of five new states that PizzaRev will enter this year, including Massachusetts, Nevada, Ohio, and Tennessee. The company will also make its international debut in Mexico shortly after opening in New York. There are currently more than 150 additional PizzaRev restaurants in various stages of development across the United States and Mexico.

Gordmans Stores plans to open a new store next month in its hometown of Omaha in April, the first of five new units the apparel and home décor retailer has planned for the year.