Events

New York -- Saks Inc. announced Friday that it plans to close its Saks Fifth Avenue store located in Stamford Town Center in Stamford, Conn., in early 2014.

The shuttering is part of the department store chain’s continued right-sizing strategy. “We routinely evaluate the productivity, profitability, and potential of each of our store locations,” said Steve Sadove, CEO. “This planned closing is consistent with our strategy of utilizing our resources in our most productive Saks Fifth Avenue stores.”

Thought leaders from the supply chain world are scheduled to participate in a forward-looking event scheduled for April 11 in Northwest Arkansas.

The event is organized by the Supply Chain Management Research Center at the University of Arkansas and this year’s theme is, "Supply chains 2020: collaborating to win in an omni-channel world."

Salt Lake City -- The world’s highest-resolution LED screen is on display in Las Vegas. The enormous screen, approximately 310 ft. wide by 60 ft. tall and populated with close to 11 million pixels, is the feature attraction of the Harmon Corner Retail Center, on the northeast corner of the Las Vegas Boulevard. The three-level center is anchored by Walgreens.

WASHINGTON -- Retail sales ticked up in January as consumers adjusted their spending in response to the increase in payroll taxes and rise in gasoline and energy prices. According to the National Retail Federation, January retail sales (excluding automobiles, gas stations and restaurants) increased 0.3% seasonally adjusted from December and increased 5.4% unadjusted year-over-year.

Chicago -- National retail sales will increase 3.2% and retail foot traffic will increase 3.5% for the first quarter of 2013 when compared to the same period last year, according to ShopperTrak, a leading counter of retail foot traffic.

BURBANK, Calif. — Warner Bros. Consumer Products announced that Jazwares, USAopoly and Mattel are among the toy companies it has partnered with to create new products in honor of the 75th Anniversary of "The Wizard of Oz" in 2014.

Rebuilding Together has teamed up with Lowe's through its Community Partners program to provide free home repairs to four low-income homeowners and to support the Friendly House in the Central City neighborhood of Phoenix on Feb. 20 and 21.

In its six years of partnering with Rebuilding Together, Lowe's has donated $7 million and completed 958 projects across the country.

More than 100 Lowe's Heroes employee volunteers from area Lowe's stores will team with Rebuilding Together Valley of the Sun.

MINNEAPOLIS — Target has teamed up with Justin Timberlake to offer a deluxe exclusive edition of the superstar’s highly anticipated third studio album, “The 20/20 Experience.” Featuring two bonus tracks, “Dress On” and “Body Count,” the Target exclusive album is available now for pre-order. The album will be in stores and on Target.com when the CD is released on March 19.