Richard Schulze, founder of Best Buy Co., may abandon a buyout bid and instead line up investors to take a minority position in the electronics retailer, Reuters reported.

Belk has named Dorlisa Flur to the newly created position of EVP omni-channel, reporting to John Belk, president and chief operating officer.

Brookshire Grocery Co. recently became one of a select number of grocery retailers nation-wide to join the U.S. Environmental Protection Agency’s GreenChill partnership, which works with supermarkets to reduce refrigerant emissions and decrease their impact on the ozone layer and climate change.

Retail sales ticked up in January as consumers adjusted their spending in response to the increase in payroll taxes and rise in gasoline and energy prices.