Retail

Salt Lake City -- Overstock.com said Thursday it is launching the Club O Dining Rewards program in partnership with Rewards Network.

The enhancement to the e-retailer’s current loyalty program allows members to automatically receive reward dollars in their Club O account equal to 5% of their total dining bill when they visit participating Club O Dining Rewards restaurants and pay their bill using any credit or debit card they have registered with their Dining Rewards account.   

Little Rock, Ark. -- Wal-Mart Stores Inc. and Arkansas governor Mike Beebe announced Thursday that Wal-Mart will join an Arkansas program intended to change the way that private insurers and Medicaid pay for services. Wal-Mart’s Arkansas employees’ insurance plans, which cover about 57,000 workers, will become a part of the statewide program.

The retailer has committed $670,000 toward a tracking system to measure the program’s success as well as distribute information about the reforms.

Redmond, Wash. -- Microsoft announced that J.C. Penney is rolling out Microsoft Office 365 as part of its effort to simplify and modernize technology solutions.

Rockbridge Growth Equity has acquired Triad Retail Media, a 300 person digital retail media agency founded by former Procter & Gamble executive Greg Murtagh.

The acquisition is expected to be transparent to Triad’s retail clients such as Walmart, Sam’s Club, eBay, Toys "R" Us and CVS, but is expected to bring to Triad new capabilities as it benefits from Rockbridge’s ownership interest in other companies.

Atlanta -- Consumer spending reached a three-year low during the month of December, according to a report released Thursday by First Data Corp.

First Data’s SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations.

NEW YORK and ALISO VIEJO, Calif. — Leading global e-commerce marketplace Rakuten Inc. has rebranded Buy.com, which it acquired May 2010, to Rakuten.com Shopping.

Between now and January 30, merchants and consumers will still be able to go to Buy.com to access Rakuten’s U.S. subsidiary. Starting January 31, however, the site url will change to Rakuten.com. Anyone going to Buy.com will be redirected to the new url.

New York -- Winick Realty Group announced that European Wax Center has signed a lease for its first Murray Hill location at 222 East 34th Street, between Second and Third Avenues. The 1,900-sq.-ft., ground-floor store is slated to open this spring.

The store is part of the newly developed retail at the base of 480-unit luxury apartment building The Anthem.

Winick Realty Group is exclusively handling retail leasing on the building on behalf of landlord Rosebud Associates.

Walmart has committed $670,000 to help fund a first-of-its-kind program in its home state known as the Arkansas Payment Improvement Initiative (APII).