eCommerce

Tampa, Fla. -- Retail consultants RPE announced the successful implementation of retail applications from JDA Software Group at Vineyard Vines. The specific applications were chosen to quickly address concerns relative to inventory control, business intelligence/analysis and point-of-sale.

New York City -- Activist investor Bill Ackman’s Pershing Square Capital Management raised its stake in Borders Group from 31.5% to 37.3% and is prepared to finance an offer by Borders to buy larger rival Barnes & Noble, according to a filing with the Securities and Exchange Commission Monday.

According to the statement, Ackman is prepared to finance an offer by Borders to buy all of Barnes & Noble’s stock in an all-cash transaction valued at $16 per share, which would amount to about $960 million, based on the shares outstanding.

Woburn, Mass. -- Demandware announced that Rockport has selected Demandware Commerce as its new e-commerce platform.

Columbus, Ohio -- Big Lots on Friday posted a lower-than expected quarterly profit, and the company cut its outlook for the crucial holiday quarter, in the face of strong competition and aggressive promotions from rivals.

The chain said profit for the quarter ended Oct. 30 fell 42% to $17.7 million, from $30.3 million a year earlier, when the company's earnings included a 10-cents-a-share benefit from real estate transactions. Net sales in the latest quarter rose 2% to $1.06 billion as same-store sales rose 0.7%.

Houston -- Houston-based commercial real estate brokerage Baker Katz, an X Team partner, announced that it has acquired a former Hollywood Video building at Grogan’s Mill and Sawdust in The Woodlands, Texas. 

As part of an investment fund dedicated to real estate development, acquisition and ownership, Baker Katz purchased the 7,500-sq.-ft. building that is located near the area’s newest Wal-Mart Supercenter in The Woodlands, and plans to renovate and expand the building, subdivide it and re-lease the new spaces to individual tenants.

New York City -- Robert K. Futterman & Associates said it has completed a 7,800-sq.-ft. retail lease with Nadeau at 57 East 11th St. in New York City’s Greenwich Village.

The furniture retailer will occupy a combined 4,300 sq. ft. on the ground floor and 3,500 sq. ft. in the basement and is scheduled to open in first quarter 2011. This will be the first New York City location for the brand.

Nadeau is headquartered in Santa Monica, Calif., and currently has 15 locations nationwide.