Corporate Governance

Trader Joe’s will open its first-ever Schaumburg (Illinois) location on March 20, at Woodfield Village Green, a 687,015-sq.-ft. foot shopping center owned by DDR.

Check out this quick time-lapse video of the nine-month construction process, which involved filling in a man-made retention pond and building the store on top.

Value-oriented food retailer Smart & Final Stores Inc. plans to accelerate its expansion plans after posting double-digit sales growth in the fourth quarter.

In case you missed it, the first quarter edition of Walmart Supplier News is now available. For perspective on Walmart COO Judith McKenna’s quest for operational excellence and a wide range of Walmart-related topics click here. 

Commerce Calif. -- Value-oriented food retailer Smart & Final Stores Inc. plans to accelerate its expansion after posting double-digit sales growth in the fourth quarter.

Marketing and a strong assortment helped teen retailer Tilly’s report an increase in profits and same store sales in the fourth quarter.

Revenues increased 9.2% from last year to $152.82 million. Analysts expected revenues of $151.43 million. The company said same store sales, which include e-commerce sales, increased 2.9% from the corresponding period in 2013.

Gainesville, Fla. -- The developer of Celebration Pointe, a 225-acre mixed-used regional development located in Gainesville, Florida announced that its work on the public infrastructure improvement phase of the $200 million project is on schedule. Celebration Pointe partner Ralph Conti made the announcement.

Target Corp. has agreed to pay $10 million in a proposed settlement of a class-action suit related to the company’s 2013 data breach, according to court documents filed Wednesday.

New York -- Cindi Marsiglio,  VP of U.S.manufacturing for Walmart, shared new details about the company's  first-of-its-kind event, which is designed to advance the retailer’s $250 billion domestic sourcing agenda.  The event is planned for early July in Bentonville, Arkansas.

During a fast-paced presentation Thursday morning organized by a group called Doing Business in Bentonville, Marsiglio shared wide-ranging insights regarding the company’s 10 year, $250 billion domestic sourcing commitment unveiled in January 2013.