Events

HOFFMAN ESTATES, Ill. — Ahead of its annual shareholders' meeting, Sears Holdings has provided first-quarter guidance calling for net income between $155 million and $195 million (between $1.46 and $1.84 per diluted share from continuing operations) versus a net loss from continuing operations of $165 million ($1.53 loss per diluted share from continuing operations), for the first quarter in 2011.  The above range includes approximately $235 million, after tax and minority interest, of gains from the sale of certain U.S. and Canadian stores.

Dallas -- The Food Marketing Institute (FMI) announced that it has entered into a strategic business partnership with TopSource LLC, a sourcing company and wholly owned subsidiary of Topco Associates LLC. FMI said the partnership will provide its members the opportunity to support the foundations of their growing businesses with significant savings related to costs in not-for-resale areas.

Bentonville, Ark. -- Walmart announced that its Acres for America program is conserving an additional 300 acres of land to protect and restore wildlife habitats in the heart of U.S. cities, including Bridgeport, Chicago, Portland, San Diego, and Washington, D.C.

MINNEAPOLIS — Target is partnering with Norah Jones for a deluxe edition of her fifth studio album, “Little Broken Hearts.” The Target deluxe edition of “Little Broken Hearts” is available now for pre-order at Target.com/NorahJones and will be offered at Target stores nationwide beginning May 1.

Sidney, Neb. -- Cabela’s Inc. reported Thursday that net income for the first quarter rose a record 62% to $28.8 million, from $17.8 million last year.

Revenue increased 6.3% to $623.5 million, and same-store sales increased 4.2%.

"This strong performance gives us confidence our growth strategy is working and working well," said Tommy Millner, Cabela's CEO.

PLANO, Texas — JCPenney has made a number of key appointments in the areas of real estate, supply chain, communications, marketing and philanthropy.

Glendale, Calif. -- Glendale Galleria, a 1.5-million-sq.-ft. super-regional shopping center announced the architects who will work on the center's grand renovation project. Glendale Galleria is owned and operated by Chicago-based General Growth Properties.

Former Walmart senior vice chairman Don Soderquist is the featured speaker at a Doing Business in Bentonville speakers series breakfast presentation scheduled for May 16. Plenty of folks in Northwest Arkansas have heard Soderquist speak before, however his upcoming remarks will take place amid swirling accusations of corruption that event organizers and few others in Bentonville could have envisioned months ago when his participation was confirmed.