Events

Washington, D.C. -- Consumers are set to put out all the stops this Valentine’s Day, with the average person shelling out $126.03, up 8.5% over last year, according to NRF’s 2012 Valentine’s Day Consumer Intentions and Actions survey, conducted by BIGinsight. Total spending is expected to reach $17.6 billion.

YORK, Pa. — The Bon-Ton Stores announced Tuesday that its board of directors has elected president and CEO Bud Bergren to the additional role of chairman of the board. The board has also accepted Tim Grumbacher’s resignation as executive chairman of the board. Grumbacher remains a director of the company and was named strategic initiatives officer. Additionally, Brendan Hoffman, recently appointed as president and CEO of the company effective Feb. 7, was elected a director of the company. The actions of the board were taken on Jan.

North Plainfield, N.J. -- A survey released Monday by Levin Management Corp., which polled retailers within its 12.5 million-sq.-ft. shopping center portfolio in New Jersey, Pennsylvania and New York, found a general feeling of post-holiday optimism.

West Bridgewater, Mass. -- Shaw’s Supermarkets has reopened its store in Ludlow, Vt. The store had been closed after being severely damaged by flooding in the wake of Tropical Storm Irene.

In addition to repairing the damage from the flooding, Shaw’s invested additional resources to remodel the store, including expanding the store to 19,000 sq. ft., upgrading equipment and adding to offerings in several key categories.

NEW YORK — Macy's announced that it is celebrating Black History Month this February by honoring the 100th anniversary of the birth of artist Romare Bearden.

NEW YORK — Barnes & Noble has announced that it will celebrate Black History Month with special events and promotions recognizing the significant contributions by African-Americans to the world’s social, political and economic development. Throughout February, Barnes & Noble stores will host Storytime events, promotions and celebrity appearances in stores and online at Barnes & Noble.com (www.bn.com).

ORLANDO, Fla. — The Food Marketing Institute on Monday honored three supermarket executives for their achievements in the industry during FMI’s Midwinter Executive Conference here, the association announced.

Walmart will report fourth-quarter and full-year results in a few weeks, and the numbers, while they are sure to be extraordinarily large, will pale in comparison to the superlative-defying figures that Apple posted earlier this week.