Appliances

A new Target store in San Clemente, Calif., was the recipient of a GreenChill GOLD award from the U.S. Environmental Protection Agency. There are a lot of certifications and awards being handed out these days in the world of sustainability, but what makes EPA’s GreenChill GOLD award noteworthy is that the Target store is only the 27th retail location to earn the distinction.

Minneapolis -- Best Buy says its third-quarter net income fell 29% $154 million, from $217 million in the year-ago period, worse than analysts had expected. The retailer’s profits were hurt by declining sales in some categories, plus a $150 million one-time charge associated with the planned closing of 11 big-box stores in the United Kingdom.

Total company revenue rose 1.7% to $12.1. Same store sales rose 0.3%.

BENTON HARBOR, Mich. — Whirlpool Corp. is launching Affresh Cleaners, a new line of advanced home cleaning products now available at Best Buy stores nationwide.

"Keeping the kitchen clean has historically been a big chore, so we designed the new line of Affresh Cleaners to combat everyday spills and residue while making cleaning simple," said Wendeline Ortiz, brand manager of Affresh Cleaners.

The new line includes:

Beaumont, Texas -- Conn’s announced that it completed a $20 million expansion, to $450 million, of its revolving credit facility, which expires in July 2015. The company received a commitment from one new lender and received an increased commitment from one of the existing participants in the bank group.

SAN BRUNO, Calif. — Walmart announced that it is offering free shipping on electronics more than $45 through Dec. 19 at Walmart.com.

Atlanta -- Home Depot Inc. reported Tuesday that net income in the third quarter rose 12% to $934 million, compared with $834 million in the year-ago period. Storm-related repairs and spending on home projects gave the home-improvement retailer a third-quarter boost.

Revenue rose 4% to $17.33 billion from $16.6 billion last year, beating Wall Street’s expected $17.11 billion in revenue.

Same-store sales rose 4.2% globally and 3.8% in the United States.

HOFFMAN ESTATES, Ill. — Sears Holdings announced that its Sears Outlet stores will honor competitor's Black Friday ads through Nov. 30. Customers may bring in a Black Friday ad they find online, and if Sears Outlet has the same item model, brand and color in the store, they will match the price at the time of purchase, even if it is before Black Friday. Full price match details are available at www.searsoutlet.com/holidaypricematch.

BENTON HARBOR — Whirlpool Corp. is celebrating its 100th anniversary with a number of local events and recognition of employees throughout the world.

New York City -- The president and CEO of Aaron's Inc. has resigned.

Robert C. Loudermilk, the son of the company's founder, announced his resignation Friday afternoon. In a statement, the appliance and furniture-rental company said Loudermilk was leaving due to health reasons. He also resigned from Aaron's board of directors.

Ronald W. Allen, former chairman and CEO of Delta Air Lines, will serve as Aaron's interim president and CEO.

INDIANAPOLIS — Electronic retailer Hhgregg reported net income of $6 million for the second quarter ended Sept. 30, or 16 cents per diluted share, compared with net income of $3.9 million, or 10 cents per diluted share, for the comparable prior-year period. According to the company, the increase in net income for the second quarter was the result of an increase in net sales due to the net addition of 35 stores during the past 12 months and a comparable-store sales increase of 1.5%.