Retail

Bentonville now has something in common with Buenos Aires, Seoul, Bangalore and Istanbul.

Walmart’s home town is now home to Tyco Retail Solutions’ newest Retail Experience Center, a 5,000-sq.-ft. facility designed to showcase the capabilities of a global company best known for its broad range of security and inventory management solutions.

Indianapolis -- Two of the nation’s largest athletic brands are teaming up.

The Finish Line has joined with Puma for the launch an in-store shop concept called the Puma edge at Finish Line.

Finish Line will open 10 initial Puma shops within targeted retail locations across the country and online at FinishLine.com in August. The experience includes expanded product offerings with a unique approach to marketing and content creation designed specifically to connect the Puma brand to the Finish Line consumer.

Fast growing e-commerce firm Instacart is now delivering groceries to a 17th major U.S. metropolitan area.

Beginning this week, customers can order from Whole Foods Market, Costco (no membership needed), Marsh Supermarkets, Georgetown Market and Petco stores and have everything delivered by Instacart in as little as one hour.

Traffic problems and increased discounts led specialty apparel retailer The Children’s Place Inc.

Secaucus, N.J. – Specialty apparel retailer The Children’s Place Inc. saw its net loss grow and net sales drop in a difficult second quarter of fiscal 2015.

Net loss increased to $13.7 million, from $10.7 million in the same quarter a year earlier.

Higher selling, general and administrative (SG&A) expenses, as well as several non-recurring items including legal fees, impairment charges and restructuring costs, helped push The Children’s Place further into the red.

Recent turmoil in the stock market hasn’t dimmed Best Buy’s outlook for the third quarter while the release of better than expected second quarter results has validated the company’s strategy, according to CEO Hubert Joly.

Strength in categories such as major appliances, large screen televisions and mobile phones, offset by weak tablet sales, helped Best Buy achieve a 2.7% domestic same store sales increase and pushed revenues up 3.9% to $7.9 billion during the second quarter ended August 1. Online comparable sales increased 17%.

Bentonville, Ark. -- How important is Walmart to Tyco Retail Solutions Inc.? Important enough that Tyco has built a state-of-the-art facility dedicated to the giant retailer.

Located in Bentonville, Arkansas, the Walmart Retail Experience Center features a simulated retail environment and showroom where the retailer’s executives from around the globe will have access to resources and capabilities aligned to Walmart’s growing global footprint. It is Tyco’s first center built exclusively for one client.

Boston – Start-up retailer LeanBox is offering a novel, high-tech solution to the problem of office workers who are too busy to go out and purchase healthy food for lunch.