Transform SR Brands LLC

Boca Raton, Fla. -- Town Center at Boca Raton, in Boca Raton, Fla., will celebrate the expansion and relocation of Forever 21 to its soon-to-be-completed Cafes at Boca. The 19,000-sq.-ft. upgraded store will offer upgrades and added offerings.

“With the relocation of our store at Town Center at Boca Raton, we are able to accommodate more brands and new concepts,” said Larry Meyer, Forever 21 executive VP.

GRAND RAPIDS, Mich. — Meijer announced Friday the appointment of J.K. Symancyk to the newly created role of COO for the company, along with the addition of Peter Whitsett to the Meijer team as EVP merchandising and marketing.

New York City -- A report by Reuters on Tuesday revealed widespread Wall Street speculation that Sears Holdings Corp. may go private.

"There is a rumor that Bruce Berkowitz of Fairholme and Eddie Lampert could take Sears private," Jon Najarian, a co-founder of TradeMonster.com in Chicago, told Reuters.
 
Sears has not commented on the rumors, which come days after CIT Group halted loans that Sears' suppliers use to finance the goods they sell to the Sears and Kmart chains.

Fort Worth, Texas -- Edge Realty Partners announced several Sears concept planned openings in Texas. 

Sears Outlet leased a 30,577-sq.-ft. space in Ridgmar Town Square located in Fort Worth, Texas. Sears Appliance Showroom leased a 5,500-sq.-ft. space in Timber Creek Crossing in Dallas.

And Sears Outlet leased a 35,398-sq.-ft. space in Cottonwood Creek Village Shopping Center located in Allen, Texas.
 

Hoffman Estates, Ill. -- According to a report by Bloomberg, CIT Group has decided to stop financing loans to suppliers waiting to be paid by Sears.

CIT Group has not commented on the matter.

Sears Holdings Corp. told Bloomberg that it disagrees with CIT's decision but said it won't have a big impact on its operations. It said that CIT's payables represented less than 5% of its inventories, and noted that other lenders are still financing the loans.
 

NEW YORK — Kohl's is the recipient of the People’s Pick award in The Harris Poll Customer Relationship Series, conducted by Harris Interactive. The award cognizes the strength of consumers' bonds with mid-tier department stores and reflects the customers' connections and future intentions.

Hoffman Estates, Ill. -- Sears Holdings Corp. confirmed Thursday that John Goodman, its chief of apparel and home division, has resigned the company, effective immediately.

Goodman was hired two years ago as executive VP of apparel and home, charged with turning around the retailer’s clothing business. His departure, which Sears says happened last week, coincides with the Jan. 3 arrival of Ron Boire, the former Brookstone president and CEO, as executive VP and chief merchandising officer for Sears and Kmart brands.

New York City -- Kohl's is the recipient of the People’s Pick award in The Harris Poll Customer Relationship Series, conducted by Harris Interactive. The award cognizes the strength of consumers' bonds with mid-tier department stores and reflects the customers' connections and future intentions.