Strategy

New York -- Sears Canada will deploy CloudApps’ sustainability performance management software across the chain’s 122 department stores, 48 home stores and 11 outlet locations. CloudApps said it will capture carbon, energy and waste data from the sites, encouraging site managers to be responsible for reducing usage.

Greensboro, N.C. -- High-end grocer The Fresh Market is making a stand in California, as it prepares to open its first three stores in the state.

According to a Tuesday report by Investor’s Business Daily, Fresh Market has signed leases and begun construction on one store in Santa Barbara, one in Palo Alto and a third in Roseville. The grocer said it expects to open its first store in the state either late this year or early 2013.

HAMILTON, Bermuda — Bacardi Limited has named Gianpaolo Perego as regional president of Latin America with responsibility for leading all operations in the region for the internationally known portfolio of premium spirits. Perego will manage the execution of the overall strategy for the Latin American region, as well as the general management of a diverse business comprising 19 countries. In this role, he will also be a member of the Bacardi Leadership Team. The appointment takes effect July 9.

Plymouth, Minn. -- Christopher & Banks Corp. said Tuesday it had received a takeover offer from private equity firm Aria Partners. The value set on the retailer is approximately $64 million.

The retailer said it will review the offer.

Aria currently owns 4% of Christopher & Banks shares.
 

MINNEAPOLIS — Target reported a 2.1% same-store sales increase that was toward the low end of the company’s expectations.

Despite June sales that were softer than expected, Target left its second quarter profit forecast intact as the weaker-than-expected result offset a better-than-expected performance the previous month.

Fort Worth, Texas -- Dallas-based Cypress Equities said that drycleaner The Laundry will open at the mixed-use development West 7th, located in Fort Worth, Texas.

The 963-sq.-ft. shop is slated to open later this year.

West 7th’s retail and office components are being developed by a Cypress Equities company and the residential component by Columbus Realty Partners.
 

Chelmsford, Mass. -- The Kronos Retail Labor Index edged up to 4.2% in June from a reading of 4.1% in May. The June reading reflected sharp declines in both applications and hiring. (The index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0% means that for every 100 applications received, three hires occurred.)

Kendal King Group has created a unique event to be held in Northwest Arkansas later this summer that is designed to simultaneously benefit local charities while commemorating the firm’s 25th anniversary.