Marketing

La Vista, Neb. -- Baltimore-based The Cordish Cos. said Monday that it will develop an upscale outlet center and entertainment district in La Vista’s Southport West Development. The burgeoning Omaha suburb is already home to a Cabela’s, La Vista Conference Center and several hotels.

York, Pa. -- The Bon-Ton Stores said Monday that it has extended president and CEO Bud Bergren's contract through Feb. 5, 2012, and has promoted Barbara Schrantz to COO.

Under the newly announced agreement, Bergren's contract will automatically renew annually, unless the board chooses otherwise. Schrantz will assume the role of COO on Jan. 30. She is currently executive VP sales promotion and marketing.

Columbus, Ohio -- DSW said Monday it has appointed Christopher Lanning as senior VP and general manager of the retailer’s Leased Business Division.

Lanning will be responsible for managing DSW's existing leased business client base and developing new account relationships. DSW currently operates 353 shoe departments in conjunction with leased business partners, which include Steinmart, Gordmans, Filene's Basement and Frugal Fannie's.

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.

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.

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.

WOONSOCKET, R.I. – The next chapter for CVS Caremark officially is under way as the company announced on Monday the next stage of its previously announced transition plan and officially named Larry Merlo, president and COO, as CEO, effective March. 1.

Tom Ryan, chairman, president and CEO, will remain nonexecutive chairman until his retirement at the company’s annual meeting of shareholders in May.

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.

The challenge of spearheading Target’s entry into Canada will be handled by Tony Fisher. He was named president of Target Canada last week in a brief press release that offered little detail on his background or qualifications to lead the company’s efforts to open between 100 and 150 stores beginning in 2013. Here’s what Target had to say about Fisher.