Retail

Cleveland -- American Greetings Corp. said Monday that the founding Weiss family has reached a deal to acquire the gift cards and party goods company for about $878 million.

The transaction is expected to close in July, and “returns the company to private ownership in a way that we believe enables the company to continue to serve the interests of its customers, employees, suppliers and the communities in which it operates as it has for over a century," said Jeffrey Weiss, president and COO.

Evansville, Ind. -- Shoe Carnival reported Monday that net earnings for the quarter ended Jan. 28 slipped to $3.2 million, compared with $3.3 million in the year-ago period.

Revenue rose 13.1% to $205.7 million from $181.9 million, and same-store sales edged up 0.5%.

For the full year, profit rose to $29.3 million from $26.4 million, sales increased 12.1% to $855 million, and same-store sales advanced 4.5%.

Worthington, Ohio -- Three high-profile big-box retailers received high marks for their mobile experiences, according to a survey by Prosper Insights & Analytics. In fact, among mobile users, 28.9% have used their mobile devices to shop at Walmart, 27.7% at Target, and 22% at Best Buy.

Polaroid Fotobar, a new retail concept from Polaroid, has opened its first location, in Delray Beach, Fla. The 2,000-sq.-ft. store is designed to allow consumers to take the images from their smartphones and tablet devices and easily turn them into “museum-quality” art that can be framed and hung on a wall or displayed on a desk. 

Polaroid Fotobar has a modern, streamlined look, with sleek lines. The Delray Beach location will serve as a prototype for nine additional cites due to open this year, including locations in New York, Las Vegas, and Boston.

Canton, Mass. -- Dunkin' Donuts said Monday it has signed a multi-unit store development agreement with existing franchisee Sizzling Donuts to open seven new restaurants in northern Utah.

The first restaurant is slated to open in 2013, with the remainder by 2020.

San Francisco -- Google made a quiet announcement on Friday that it is officially launching the pilot of its Google Shopping Express program, which features online delivery initially in the San Francisco Bay area.

In a notice on the company’s website, Google Shopping Express product management director Tom Fallows described the program as a “new experiment,” one that offers “a local delivery service that we hope will make it possible for you to get the items you order online the same day, and at a low cost."

Aurora, Col.  -- Walgreens has expanded its renewable energy initiative to Colorado. Clean-energy provider SolarCity announced it will implement solar systems at 22 Walgreens stores across 14 different cities in Colorado in the coming months, with the first installation completed in Aurora.

Phoenix -- Leslie’s Poolmart said Monday it will grand-open 15 Leslie’s Swimming Pool Supplies stores across 10 states on April 5, as part of the company’s plan to open 48 new stores this spring.

The new stores opening on April 5 include: Tucson, Ariz.; Pleasanton, Calif.; Rohnert Park, Calif.; Cockeysville, Md.; Gastonia, N.C.; Las Vegas; New Hyde Park, N.Y.; West Chester, Ohio; Spartanburg, S.C.; Harlingen, Texas; Lake Jackson, Texas; Sherman, Texas; Wylie, Texas; Manassas, Va.; and Virginia Beach.