eCommerce

CHICAGO — About a week after announcing it would join First Lady Obama and other retailers in bringing more choices to so-called "food deserts", Walmart announced its official presence in Chicago today with the news that it has begun work on a new supercenter in Chatham. According to the company, the store will give more options to residents of Chicago's South Side neighborhood while at the same time creating approximately 400 jobs.

BIRMINGHAM, Ala. — Books-A-Million announced the company has submitted a bid in the Borders Inc. bankruptcy proceedings to purchase, among other things, the inventory, fixtures, equipment, and leasehold interests for 30 Borders locations. Under the proposed bid, Books-A-Million will assume the leases for these locations and continue to operate these stores.

Borders Group on Thursday won court approval to liquidate its remaining 399 stores.

BELLEVUE, Wash. — Coinstar announced that Mitch Lowe has resigned as president of the company's DVD rental kiosk business, redbox.  Lowe has resigned to pursue entrepreneurial and other interests, and will continue to serve as president until a successor is named. Coinstar has commenced an external search to identify a new president of redbox.  

NEW YORK— Target, Kohl's and JCPenney ranked highest among discounters in consumer perception in the first half of 2011, according to YouGov BrandIndex. The company interviews 5,000 people each weekday from a representative U.S. population sample, more than 1.2 million interviews per year.

Here is YouGov’s Retail Buzz scores for discounters in the first half of 2011:

1.  Target (33.9) 

2. Kohl's (29.5) 

3. J.C. Penney (23.9) 

NEW YORK — Gilt Groupe, an online retailer that specializes in selling sought-after brands at discounted prices to its 3.5 million members, has partnered with Banana Republic to offer its members exclusive access to select pieces from the retailer's upcoming "Mad Men" collection.

When the Supreme Court ruled that a sex discrimination case against Walmart wasn’t worth of class action status that was supposed to end things. Wrong.

WASHINGTON — NRF reported that total back-to-school spending on grades K to 12 is expected to reach $22.8 billion. According to NRF’s 2011 Back-to-School survey conducted by BIGresearch, families with children in grades K to 12 will spend an average of $603.63 on apparel, school supplies and electronics, within a few dollars of last year’s $606.40 average. 

DEERFIELD, Ill. — Walgreens is positioning itself to be the largest retail host of electric vehicle charging stations, the drug store chain announced Thursday.