Sales & Marketing

MINNEAPOLIS — Richard Schulze has moved one step closer to achieving his goal of acquiring Best Buy. The company has agreed to let its founder and former chairman access to certain due diligence information and form an invesment group so that he may continue his efforts to attempt to buy the company.

By Jim Porçarelli, Active International

It’s an all-too-familiar sight these days. A man walks into a local retail establishment. He browses the products. He finds one he likes. He tests it out, asks a few questions of a salesperson -- and then snaps an image of the product’s barcode with his cell phone and walks out the door.

GRAND RAPIDS, Mich. — Meijer will double match every customer's $10 Simply Give donation made Sept. 2 to 8 in support of Hunger Action Month.

The Simply Give Week double match is part of a $1 million donation to the retailer's 2012 Simply Give program, which aims to replenish the shelves of nearly 200 food pantries in its five-state region each campaign.

New York -- Tiffany & Co.'s net income in the second quarter rose 2 % to $91.8 million, up from $90 million last year. But the performance missed Wall Street's expectations and the jewelry company cut its full-year guidance, citing the tough global economy and weakness in key markets such as New York and Asia.

Teen apparel retailer Delia's has debuted a new prototype at Providence Place Mall, in Providence, R.I. The store has a stylish, youthful vibe that reflects its core customer. The design met objectives to increase floor and wall fixture capacity and reduce overall store size while maintaining brand identification.
 
Shremshock Architects & Engineers, Westerville, Ohio, provided design, purchasing and construction management for Delia's store redesign in collaboration with Asset Strategies Group, also based in Westerville, Ohio.

Armonk, N.Y. -- IBM has entered into a definitive agreement to acquire Kenexa, a provider of human resources software and consulting services for approximately $1.3 billion in cash.

The acquisition helps make the Armonk, N.Y., company more competitive with database maker Oracle Corp. and German business software maker SAP AG, said Rick Sherlund of Nomura Equity Research, Kenexa’s software is intended to help companies recruit and manage talent through online social networking, collaboration and consulting tools.

AMSTERDAM — Royal Ahold's U.S. subsidiary saw net sales rise 3.4% in light of challenging market conditions, the retailer reported last week.

RA'ANANA, Israel — Delhaize Groug has enlisted the services of Retalix for in-store software for Delhaize Group's 3,300 locations -- including more than 20,000 point-of-sale (POS) terminals -- across Eurasia and the United States.