Retail

Dallas -- J.C. Penney Company on Tuesday said its same-store sales rose 2% in the fourth quarter, which included the holiday season. It was the chain’s first positive quarterly sales result since 2011.

New York -- Caribou Coffee has taken over the rotunda in the nation’s largest shopping center, Mall of America, Bloomington, Minn., to put up a 64-ft.-tall “Living Pinterest Board” to celebrate the launch of its new Real Inspiration blend, created in collaboration with its fans on Pinterest. The Caribou board is on display through Thursday, February 13.

Foothill Ranch, Calif. -- Mindy C. Meads has resigned from the board of directors of The Wet Seal, effective Feb. 4, in order to focus on her new role as CEO of specialty women’s apparel retailer Calypso St. Barth.

Dallas - Corner Bakery Cafe has awarded its first multi-unit development agreement of 2014, and plans to open nine new restaurants in the Central Valley area of California with new franchise partner C&L Cafe, LLC. The group of veteran restaurant operators plans to open its first cafes in 2014 and the remaining sites over the next five years.

Digital BrandWorks has introduced a new diagnostic tool that lets product suppliers grade the representation of their products online and then develop strategies to optimize their presence.

Deerfield Park, Ill. – Walgreen Co. is reportedly suing CVS Caremark Corp., Rite Aid Corp. and Shopko Stores Inc. for allegedly infringing on a patent for using mobile phone scanners to refill prescriptions. According to Bloomberg, Walgreens filed a complaint in federal court in Wilmington, Del., saying the three competitors are violating a patent it received in January 2013.

J.C. Penney scored its first positive quarterly sales result since 2011, reporting a same-store sales increase of 2% in the fourth quarter, which included the holiday season.

Philadelphia -- Five Below will enter the state of Tennessee, with plans to open up to five new stores in the market by spring of this year. With this new market, Five Below will operate stores in 20 states.