Strategy

AUSTIN, Texas — Whole Foods Market has received a 2012 Green Power Leadership Award for sustained excellence from the Environmental Protection Agency for its renewable energy purchase of 800 million kilowatt-hours (kWh) last year.

In addition to its renewable energy purchases, Whole Foods Market is generating nearly 258,000 kWh annually with the use of on-site solar arrays. Whole Foods Market adds this most recent award to its three previous Green Power Partner of the Year and two Green Power Purchasing awards from the EPA.

FRAMINGHAM, Mass. — Staples plans to improve customer experience, accelerate growth and deliver value to shareholders through a new strategic plan. Under the plan, Staples will integrate its retail and online offering, increase investment in its online businesses, reorganize its operations, implement leadership changes, initiate a multi-year cost savings plan, and restructure its international operations.

A desire to mitigate the impact of increasingly volatile commodity prices has led to the appointment of Craig Parr as Flower Foods first chief risk officer.

As the nation’s second largest producer and marketer of packaged bakery foods for retail and foodservice customers, Flower Foods said the move will result initially in increased focus on commodity hedging and purchasing strategies.

Portsmouth, N.H. -- Boston-based The Wilder Cos. said that Guitar Center will open a 7,358-sq.-ft. store at Durgin Square in Portsmouth, N.H. The new store will host a grand opening on Sept. 27.

Durgin Square is tenanted by TJ Maxx, HomeGoods and Shaw’s.

Wilder Cos. is the management company for the shopping center.

By Sandra Gold Slon

MAHWAH, N.J. — Sharp Imaging and Information Company of America, a division of Sharp Electronics Corporation, announced that The Wilson Group has joined its extensive nationwide network of authorized dealers. As part of the agreement, The Wilson Group will now offer a range of integrated technology solutions, including Sharp's extensive portfolio of copiers and multifunction printers (MFPs).

MENOMONEE FALLS, Wis. — Kohl's is partnering with designer Derek Lam for the second installment if its DesigNation limited-edition collection. As part of the Kohl’s DesigNation concept featuring premier designer fashions based on international inspiration, the Derek Lam collection will draw creative influence from his trip to Rio de Janeiro, Brazil. The collection features misses’ apparel and swimwear and will be available exclusively at Kohl’s and Kohls.com beginning in April 2013.

New York -- Wet Seal Inc. sent a letter to its shareholders saying activist investor Clinton Group is looking to replace most of the retailer's board with its own nominees, Reuters reported.

Wet Seal urged its shareholders to reject Clinton's five-member slate, according to a filing with regulators on Sept. 24, the report said.