Consumer Affairs & Relations

Cleveland -- Sherwin-Williams Co. reported Tuesday that net income for its fourth quarter increased to $72.9 million, compared with $65.3 million in the prior year.

Revenue rose to just under $1.9 billion, from $1.6 billion. Wall Street expected revenue of $1.78 billion.

New York City -- Coach reported Tuesday that net income for the quarter ended Jan. 1 rose a better-than-expected 26% to $303.4 million on strong sales, compared with $240.1 million in the year-ago period.

The company credited a rebound in U.S. luxury spending, as well as soaring holiday sales in China for the strong performance.

Sales leaped 18.7% to $1.26 billion, boosted by a same-store sales increase of 12.6% in North America.

On average, Wall Street expected revenue of $1.21 billion.

WASHINGTON --The National Retail Federation announced that it welcomed the focus on job creation and the economy expected in President Obama’s State of the Union Address.

Orange, Va. -- Walmart’s next step to open a Supercenter near Wilderness Battlefield in Orange, Va., goes to court Tuesday, as Orange County Circuit Judge Daniel R. Bouton is scheduled to hear arguments on requests for summary judgments from attorneys in the case.

If the trial moves forward, a preservation group and local residents who oppose the store will square off against Walmart and the Orange County officials who approved the Supercenter.

BENTONVILLE, Ark. - Walmart, the presenting sponsor of the America I AM: The African-American Imprint tour, will offer specially-priced tickets at select Walmart stores in the Washington, D.C. area.

Walmart is offering tickets at the lowest available price: $10 for adults and $5 for children, or 17% off standard ticket prices.

America I AM is a four-year touring museum exhibition that celebrates nearly 500 years of African-American contributions to this country.

SANDPOINT, Idaho – Coldwater Creek has named a new president and chief merchandising officer.

Jill Brown Dean will replace Georgia Shonk Simmons, who announced her intention to retire.

Dean, who most recently served as president of Limited Too's tween brands division, will join the apparel brand on Feb. 14.

In related news, Jerome Jessup, currently EVP, creative director at the brand, was promoted to president and chief creative officer.

HOUSTON  -- The Men's Wearhouse announced that Grace Nichols has been elected to the company's board of directors, effective January 30, increasing the number of directors to nine.

New York City -- After filing for Chapter 11 reorganization bankruptcy in September, then winning an extension until Feb. 4 to file its restructuring plan to emerge from bankruptcy, Blockbuster now has until March 21 to file the plan and until May 20 to round up enough votes among its creditors for approval.  

Judge Burton R. Lifland of U.S. Bankruptcy Court in Manhattan granted the extension Wednesday.