Corporate Governance

Menomonee Falls, Wis. -- Kohl’s Department Stores announced its goal to achieve net zero emissions each year through 2015. The company also announced that it has been recognized with a 2013 Sustained Excellence in Green Power Award from the U.S. Environmental Protection Agency (EPA). (The annual Green Power Leadership Awards recognize the country’s leading green power users for their commitment and contribution to helping advance the development of the nation’s voluntary green power market.)

Imagine you are at in a major department store’s corporate headquarters as your team prepares numbers for the upcoming holiday season. The frenetic pace of retail holiday hiring can frazzle even the most experienced manager, and diligently checking every box in the employee onboarding process can seem laughably optimistic in the rush to find, hire and get as many employees as possible going in a matter of days.

Bentonville, Ark. -- Wal-Mart Stores, Inc. plans to hire 55,000 seasonal associates for the 2013 holiday season, up from 50,000 last year. In addition, the retailer intends to transition more than 35,000 associates from temporary to part-time and another 35,000 associates from part-time to full-time.

Jupiter, Fla. — Burger & Beer Joint has announced plans for an expansion of 50 stores through franchised and corporate units over the next few years. The expansion is already well underway.

The company recently opened a third store in South Florida and has signed a 10-store franchise agreement to open stores throughout Florida and Georgia.

Los Angeles -- Sport Chalet has engaged Cappello Capital Corp. as its exclusive financial advisor to assist in exploring a range of options including strategic partners, investors, alliances and joint ventures.

Tucson, Ariz. — Jerry Bob’s Restaurant plans to open its 15th restaurant in the Tucson area — in River Crossing. JB Restaurants V, the franchisee, will own the 2,400-sq.-ft restaurant that is slated to open in January 2014.

Commercial Retail Advisors www.cradvisorsllc.com represented the Landlord, La Cholla and River Road Associates, and CBRE represented JB Restaurants.

Delran, N.J. -- More than 20 Sears Home Appliance Showroom and Sears Appliance & Hardware stores in New Jersey, Pennsylvania and Delaware have unveiled kitchen remodeling services from Kitchen Tune-Up, a national kitchen and bath remodeling franchise.

The stores feature an interactive Kitchen Tune-Up kiosk, where customers can learn about options to update their kitchens, view cabinet door samples and use an iPad to see project ideas and book appointments.

Arlington, Va. — Forest City has acquired Macy’s Furniture Store building at the Ballston Common Mall from Macy’s. Forest City, the owner, developer and manager of the mall, plans to redevelop the property and add mixed uses including residential and office. The Home Store, which is connected to the mall on three levels, is the first step in the redevelopment.