Strategy

Twenty-year Walmart veteran Laura Phillips is set to become the company's senior VP of sustainability, effective Jan. 1, according to GreenBiz. Manuel Gomez, who previously held the title, has accepted a new position with Walmart de Mexico and Central America as VP of strategy for e-commerce, the report said.

Ross Dress for Less will open a new store in Dulles Landing, Virginia on Oct. 10.

The 25,000-sq.-ft. store is located in the Dulles Landing Shopping Center, adjacent to the Washington-Dulles International Airport.

The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.

Did Japanese retailer Uniqlo miscalculate its appeal to American shoppers?

The company, a division of Fast Retailing, is moving into the slow lane with regards to its U.S. expansion. Uniqlo now plans to open only five U.S. locations in its current fiscal year, which began on September 1, 2015, after opening 17 in its most recently completed year.

Uniqlo, which has more than 1,600 stores worldwide, operates 43 stores across the United States.

The same day that TJX announced the retirement of its CEO, Ascena Retail Group named a new executive to lead its recently acquired Ann Inc. division.
 

Saks Fifth Avenue is expanding further into the specialty store business.

The retailer announced plans to open a 21,000-sq.-ft. store devoted to jewelry and contemporary women’s ready-to-wear in Greenwich, Connecticut. Earlier this year, Saks announced plans to open a standalone shoe store concept, 10022-Shoe, also in Greenwich.

Saks already operates a women’s-only store in Greenwich, which it opened in 1997.

All three of the Saks stores will be in walking distance of one another.

Phoenix -- BIG Shopping Centers USA and RED Development announced the addition of five retail assets totaling nearly 1.5 million sq. ft. in Arizona, Nebraska and Wisconsin to their recently launched joint venture BIG RED Portfolio.

The joint venture was launched in late 2014 with the acquisition of Camelback Colonnade in Phoenix. With the recent acquisition the portfolio now consists of nine retail assets totaling nearly three million sq. ft. in three states.

Fresh Thyme Farmers Market is upping its store count in the greater Chicago market.

The new specialty grocer will open three Chicagoland stores on Oct. 14, with one in the city, one in Crystal Lake and one in Naperville. The openings will give Fresh Thyme seven Chicagoland locations.

The chain, which offers organic products at value prices, recently opened a central support hub in Downers Grove, Illinois.

The National Retail Federation issued an above average holiday season sales forecast in which the desire of Americans to spend will be offset by their ability to do so.

The trade group projects that total holiday sales will increase 3.7% to $630.5 billion during the November time-frame and that online sales would increase between 6% and 8% to represent $108 billion of the total.