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.
 

Fort Worth, Texas -- RadioShack is opening 23 new interactive remodel stores in the Washington, D.C., metro area. RadioShack began remodeling and opening highly experiential concept stores across the country in July 2013, and has refreshed its more than 4,000 U.S. company-owned stores.

Locally remodeled stores feature RadioShack's new Fix It Here service, a mobile device repair program that typically delivers same-day repair for mobile devices. Technicians will diagnose and repair the device at an in-store kiosk, often in as little as an hour.

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.”

Minneapolis – Target Corp. is reducing its earnings guidance for the second quarter of fiscal 2014 due to the expected $138 million financial impact of its December 2013 data breach, partially offset by $38 million in insurance. Target now expects EPS for the quarter within a range around $0.78, compared with prior guidance of $0.85 to $1 per share.

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.

Baltimore -- Under Armour announced that George W. Bodenheimer, former president of sports network and entertainment company ESPN has joined the company's board of directors.  

Bodenheimer is an ESPN and cable industry pioneer, having served as the company's longest-tenured President from 1998 to 2012, during which time he led an unprecedented period of global growth. He most recently served as executive chairman of ESPN, before retiring from the company in May 2014.

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.

Minneapolis - HighJump Software, a provider of supply chain execution and retail management software, is releasing new capabilities and enhancements to its Retailvantage retail inventory and POS solution. With more than 50 enhancements and new features added to the system, this latest release includes enhanced reporting functionality, further e-commerce integration with FurnitureDealer.net and MicroD, and new capabilities such as the ability to send e-receipts and capture digital customer signatures at the point-of-sale.