Transform SR Brands LLC

HOFFMAN ESTATES, Ill. — Kmart that it will be the exclusive retailer for the new Gordon Ramsay Everyday kitchen collection. The collection will debut in stores this fall and will include cookware, dinnerware, cooking utensils and small kitchen appliances.

Hoffman Estates, Ill. -- Sears Holdings Corp. disclosed in a Thursday filing that it plans to spin off its Orchard Supply Hardware Stores Corp. business as a separate, publicly traded company.

New York City -- Kmart stores is laying off 700 employees in its appliance departments.

The chain, a division of Sears Holdings Corp., is changing the way it sells appliances, allowing customers to check out appliances at any register rather than going to a dedicated register. Instead of having dedicated appliance-only associates, all Kmart staffers are being trained to answer questions about appliances.

There will also be a 1-800 number customers can call for help.

HOFFMAN ESTATES, Ill. — The market on Friday cheered a move by Kmart parent company Sears Holdings to cut 700 positions from the appliance departments at 225 stores. Shares of Sears Holding advanced $2.67 on Friday to close at $74.03 after news of the layoffs was reported Friday morning by the Wall Street Journal.

Some companies were more aggressive with promotions last months and others were less so, but Target held steady producing the same number of circular ad pages (109) in May 2011, and it did the same month the prior year, according to data collected by the Chicago based firm Market Track.

Town Center at Boca Raton, in Boca Raton, Fla., has launched a redesign of its food court that will see it re-emerge as The Cafes at Boca.

New York City -- The family of a 4-year-old Massachusetts boy who died after falling from an escalator at the Auburn Mall, in Auburn, Mass., have filed a wrongful-death lawsuit that alleges the escalator was "dangerous and defective" and did not follow state codes or the blueprint for its installation.