Marketing

MINNEAPOLIS — Target will donate $5 million to local schools nationwide as part of the company's commitment to give $1 billion for education by the end of 2015.

New York City -- Retail sales broke records during the Thanksgiving weekend, climbing 16%, according to a survey by BIGresearch for the National Retail Federation.  Shoppers spent $52.4 billion, up from $45 billion last year.

A record 225 million shoppers visited stores and malls over the Black Friday weekend, up from 212 million last year. Shoppers on average spent $398.62, up from $365.34 last year, the NRF said.

DEERFIELD, Ill. — Walgreens will reward 1 million customers at its stores nationwide on Thanksgiving Day with a free one-day Redbox DVD rental, the drug store chain announced.

The DVD rental, which will be given to the first 130 customers (not including prescription purchases) at the chain's more than 7,700 locations, will be valid at all Walgreens Redbox locations from Thanksgiving Day through Dec. 24.

Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust announced that Fusion Performing Arts Center has opened at Voorhees Town Center, located in Voorhees, N.J.

The new 6,346-sq.-ft. center, which features such events as dance workshops, theater productions and local band performances, is located on the lower level across from Tilt Studio.

Westbrook, Maine -- Olympia Sports has opened its 200th store, in Dunkirk, Md., at Dunkirk Gateway Shopping Center.

The regional sporting goods chain has four more confirmed openings by yearend.

“We will continue to expand in our current footprint as well as throughout the Mid-Atlantic States. Our studies have shown a real opportunity for expansion throughout this new market, and we plan to aggressively pursue those opportunities,” said Ed Manganello, president.
 

The new year will see a changing of the guard in the chief executive’s office of several big retailers. Here are four to watch:

Costco
The torch has been passed at Costco Wholesale Corp., with president and COO Craig Jelinek stepping into the very big shoes of the company’s longtime chief executive and co-founder Jim Sinegal (effective January 1, 2012).

New York City -- The Brookshire Grocery Co. announced that Trent Brookshire, SVP/DMM was elected to the company’s board. He is a fourth generation member of the company’s founding family.

New York City -- Gap Inc. on Thursday opened its first store in Poland, in Warsaw’s Arkadia mall.

Gap and its Polish franchise partner, Ultimate Fashion, are planning to open more stores in Poland in 2012 and expand to other countries in the region.