Events

Paducah, Ky. -- Youngstown, Ohio-based Cafaro Co. announced that its Kentucky Oaks Mall property, located in Paducah, Ky., will under a major renovation.

According to Cafaro, the rehab is the most significant in the mall’s 28-year history, involving both interior and exterior transformations. When complete, the mall will feature newly designed entrances, concourse skylights, new ceiling treatments, energy-efficient lighting, as well as new flooring treatments and soft-seating areas.

TJX reported same-store sales of 2% December, beating Wall Street estimates for a 2.5% decline. Total sales rose 6% to $3 billion.

"I am extremely pleased with December's sales results, as we significantly exceeded our plans during this important period," TJX CEO Carol Meyrowitz, CEO, TJX.

The fourth installment of family movie night, a collaboration between Walmart and Procter & Gamble, is set to air Jan. 8 at 8 p.m. EST on Fox. The movie is called Change of Plans, and the plot line revolves around how lives can be turned upside down with a phone call. Also of interest is an upcoming CNBC special on Target, but more on that later.

Parsippany, N.J. -- CyberShift, a provider of workforce management services and solutions, has added Metropark, a Los Angeles-based specialty chain with 70 stores, to its roster of retail clients. The specialty apparel retailer has deployed CyberShift’s workforce management solution via its Software-as-a-Service (SaaS) model to automate store scheduling and will be expanding the relationship to include time and attendance.

The New Year is off to a busy start at BJ’s Wholesale Club. Amid ongoing speculation about the retailer being a potential takeover target, BJ’s on Wednesday announced the closure of five clubs, several senior level personnel changes and released its December sales a day earlier than normal.

LAS VEGAS - LG Electronics has unveiled a number of new devices at the 2011 International Consumer Electronics Show.

Los Angeles -- In recognition of his business and philanthropic achievements, The Home Depot’s executive VP merchandising, Craig Menear, will receive The Spirit of Life Award from City of Hope’s Hardware/Homebuilding Industry group. Menear will be honored Jan. 11, at a reception, at the Rosen Plaza Hotel in Orlando, Fla., by colleagues and industry members. The day will begin with a golf tournament event that supports City of Hope’s lifesaving research, education and treatment programs for cancer and other life-threatening diseases.

Reston, Va. -- Retail e-commerce spending for the entire November -- December 2010 holiday season reached $32.6 billion, marking a 12% increase versus last year and an all-time record for the season, according to comScore.

Chicago -- Year-over-year retail sales increased 6.5% for the week ending Jan. 1, according to ShopperTrak’s National Retail Sales Estimate, while the company’s Retail Traffic Index (SRTI) reported foot traffic rose 4.1% for the same period.

Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. said that Patel Bazaar and Spice Kitchen have signed leases for 6,900 sq. ft. along the 422 Corridor in Montgomery County, Pa.

Patel Bazaar, an Indian grocery store, has signed a 4,900-sq.-ft. lease at Jefferson Plaza Shopping Center in West Norriton Township. The grand opening is scheduled for January 14. Spice Kitchen, an Indian restaurant, has signed a lease for 2,000 sq. ft. at the Park Ridge Shopping Center in Trooper. The center is anchored by Acme. Spice Kitchen opened its doors several weeks ago.