Retail

Hillshire Farm is introducing its Hillshire Farm Naturals line of lunchmeat ahead of the start of the school year.
 
The meats in the lineup are preservative-free and don’t contain any nitrates, nitrites, or any artificial coloring or flavors. The new variety will come in black re-sealable tubs, and include two varieties of turkey breast — slow roasted and smoked — as well as black forest and honey roasted ham.
 

Boca Raton, Fla. – Office Depot has raised its full-year adjusted operating income forecast as cost savings from the closure of some U.S. stores related to its acquisition of OfficeMax are expected to be higher than previously anticipated. As previously announced, Office Depot plans to close at least 400 stores by the end of 2016, with about 165 closures in 2014.

Groupon has named Parker Barrile as its SVP of product. He will lead Groupon’s global product teams focused on Web, mobile and design.

“Parker brings tremendous value to Groupon both as an entrepreneur and an established, effective product leader in global tech organizations,” said Groupon CEO Eric Lefkofsky. “He will help us evolve our local commerce platform to further engage our customers and help make Groupon a premier online shopping destination.”

New York - Barbara Messing, chief marketing officer of TripAdvisor, has been appointed to the XO Group board of directors and will serve as an independent director on the board's Compensation Committee. XO Group is parent company of wedding and pregnancy sites including The Bump, The Nest and The Knot.

Newegg has turned to Visa to streamline the checkout process for its customers. The leading electronics-focused e-retailer will leverage the Visa Checkout payment service to simplify the process of buying online.

Visa Checkout can be used when shopping Newegg from a desktop computer and mobile devices. To mark the addition of the new service, Newegg is running a promotion until August 25 giving customers 10% (up to $20) off purchases made using Visa Checkout.

Los Angeles -- Newegg announced the addition of Visa Checkout, a new payment service that simplifies the process of buying online. Visa Checkout can be used when shopping Newegg from a desktop computer and mobile devices.

Plano, Texas -- J. C. Penney Company will open its first-ever store in Brooklyn, further increasing its New York City footprint, on Aug. 29. The all-new 124,000-sq.-ft., single-level store, located in Gateway Center, will provide a look at Penney's updated store model, which includes a new footwear format.  

Office Depot softened the blow of weak second quarter sales by bumping up the pace of 400 store closings to drive greater than expected operating profit growth and expense savings related to the merger with OfficeMax.