Strategy

Hoffman Estates, Ill. -- Sears Holdings Corp. said Tuesday it was named 2011 Energy Star partner of the year in the product retailer category by the U.S. Environmental Protection Agency.

The award is Sears’ second consecutive.

"This award is a reflection of the significant commitment our entire organization has made to promote energy efficiency and help our customers make changes that allow them to save money," said Lou D'Ambrosio, CEO and president of Sears Holdings.

Arlington, Va. -- In response to legislation introduced on Tuesday by Montana senator Jon Tester to reopen critical reforms of the debit payments market, the Retail Industry Leaders Association issued the following statement:

“Despite the American people’s repeated disapproval of bank bailouts, the Tester bill is just that, this time at the expense of retailers and their consumers,” said Katherine Lugar, executive VP for public affairs, RILA.

Los Angeles – Guess announced Tuesday that ex-Sephora chief Jacques Levy has joined Guess as founder's advisor.

In this role, Levy will collaborate with Guess CEO Paul Marciano to develop key marketing and customer relationship management strategies worldwide.

Levy stepped down last week from his position as CEO and president of Sephora Worldwide.

GRAND RAPIDS, Mich. -- The economic downturn has been especially tough on the Midwestern region of the United States, but now Meijer is bringing some renewed hope to the area with news it will invest more than $75 million in a major remodel project for stores in Michigan and Ohio, with eight Michigan stores benefiting from this new initiative. The announcement was made by Hank Meijer, co-chairman and CEO of the company.

PAWTUCKET, R.I. -- Hasbro announced that it has signed a strategic development agreement with Jagex Limited to jointly create a new online game based on the Transformers brand. Under the agreement, the two companies are slated to launch the Transformers online game in 2012 in North America, Latin America, Europe, New Zealand and Australia.

MATTHEWS, N.C. -- Family Dollar today showed why dollar stores are such a hot commodity right now by reporting a comparable-store sales increase of 5.1% for the second quarter ended Feb. 26. Net sales for the quarter increased 8.3% to $2.26 billion from $2.09 billion last year. According to the company warmer weathr earlier in the year as well as strong performance in its consumable and seasonal categories helped drive sales. 

WEST LONG BRANCH, N.J. -- Sleep Innovations, manufacturer of advanced foam sleep solutions, announced that it has hired Robert West as COO to implement lean manufacturing practices across the enterprise.

FORT MYERS, Fla. -- Chico's announced that Celia Rao Visconti has been named SVP marketing for Chico's. Rao Visconti will report directly to Cinny Murray, brand president of Chico's and will oversee the brand's marketing strategy and initiatives.  

BENTON HARBOR, Mich. -- Whirlpool announced that it was awarded  the 2011 Energy Star Sustained Excellence award by the U.S. Environmental Protection Agency (EPA). The award recognizes the company's leadership in offering consumers energy and water efficiency through its leading home appliance brands, Whirlpool reported. According to the company, Whirlpool was the only appliance manufacturer to receive the Sustained Excellence award, the highest possible Energy Star award. This is the company's 12th top Energy Star award and sixth consecutive Sustained Excellence win.

ARMONK, N.Y. -- IBM has announced new software and the creation a new consulting practice dedicated to the emerging category of "smarter commerce," which is focused on helping companies swiftly adapt to rising customer demands in today's digitally transformed marketplace.