eCommerce

Toronto -- Sears Canada, a subsidiary of Sears Holdings Corp., said Monday it has hired former Limited Brands online executive VP Steven Goldsmith as its executive VP merchandising, apparel and accessories.

The move comes after the resignation of Sears Canada CEO Dene Rogers and subsequent replacement by former Loblaw Cos. executive Calvin McDonald.

SANTA CLARA, Calif. — Blockbuster and Netflix may face new competition from Walmart, as the retailer announced that it will launch digital online movie rental and video streaming through its acquired Vudu service. 

The retailer is now offering 20,000 titles that can be viewed on almost any device with Internet access, from PCs to televisions to Sony's PlayStation3 and other Blu-Ray disc players.

BOCA RATON, Fla. — Second-quarter results from Office Depot reveal ongoing challenges in an economy still struggling to regain its footing.

Boca Raton, Fla. -- Office Depot reported Tuesday that it loss widened to $29 million in the second quarter, compared with a loss of $25 million in the year-ago period.

Sales were essentially flat in the quarter, at $2.7 billion. By division, total sales dipped 2% in the North American retail division to $1.1 billion, and same-store sales decreased 1%. During the second quarter of 2011, the division closed 14 stores, opened four stores and relocated four stores, bringing the total count for North America retail to 1,131 stores.

FORT WORTH, Texas — RadioShack reported that total net sales and operating revenues from continuing operations for the 2011 second quarter were $941.9 million, compared with $962.3 million for the 2010 second quarter.  According to the company, the decrease in total net sales and operating revenues for the 2011 second quarter was driven by a $76.1 million decrease in sales generated by U.S. company-operated stores.  

Santa Clara, Calif. -- Wal-Mart Stores said Tuesday that it is leveraging last year’s acquisition of video-streaming service Vudu to launch digital online movie rental and streaming on Walmart.com.

On Tuesday the retailer started offering 20,000 titles that can be viewed on almost any device with Internet access, from PCs to televisions to Sony's PlayStation3 and other Blu-Ray disc players.

Dallas -- RadioShack Corp. reported Tuesday that net income for the second quarter dropped to $24.9 million from $53 million in the year-ago period. Sales decreased to $941.9 million, compared with $962.3 million a year earlier. Wall Street expected sales of $1.03 billion.

However, analysts responded positively to RadioShack’s news that it had signed a deal with Verizon Wireless to sell its postpaid and prepaid wireless products and services beginning Sept. 15, supplanting its current program with T-Mobile.

GRAND RAPIDS, Mich. — Meijer announced that it is opening a new concept store in the Chicago suburb of Melrose park that will provide a tailored grocery offering and a broad variety of general merchandise.

Called Meijer Marketplace, the new store will be 96,000 sq. ft., about half the size of Meijer's largest supercenters.