Retail

Pleasanton, Calif. – DD’s Discounts, a division of Ross Stores, Inc., will relocate its Arlington, Texas, store on Feb. 8. The newly relocated store is in Four Corners Shopping Center.

Overall, DD’s Discounts operates 131 locations in 10 states, including 25 in Texas.

Washington, D.C. – Fewer U.S. consumers will celebrate Valentine’s Day this year, but will spend a little more than last year. According to the National Retail Federation’s 2014 Valentine’s Day spending survey conducted by Prosper Insights and Analytics, 54% of Americans will celebrate with their loved ones in 2014, compared to 60% in 2013.

The average person plans to spend $133.91 on candy, cards, gifts, dinner and more, up slightly from $130.97 last year. Total spending is expected to reach $17.3 billion.

Hong Kong – Global luxury retailer Michael Kors increased net income during the third quarter of fiscal 2014 77% to $229.6 million from $130 million in the third quarter of fiscal 2013. Retail net sales grew 51.3% to $503.4 million, driven by a 27.8% increase in same-store sales and 98 net new store openings since the end of the third quarter of fiscal 2013.

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.

New York -- Walgreens’ net zero energy store in Evanston, Ill., was selected as Sustainable Store of the Year in Chain Store Age’s 32nd annual Retail Store of the Year design competition. The store, designed and built to produce energy equal to or greater than it consumes, will be highlighted during a special session at Chain Store Age’s 50th annual SPECS conference, March 9 -12, in Grapevine, Texas.

VERO BEACH, Fla. -- Boston Barricade Company and Premier Barricades announced the completion of its merger, effective January 1, 2014, resulting in the largest provider of sustainable modular construction barricades in North America.

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.

Hoffman Estates, Ill. -- Sears Holdings announced that Norman Miller will join the company as senior VP and president, Automotive. Miller, who most recently served as president and COO of Dollar Financial Corp., will be responsible for the oversight and leadership of the company's automotive business, including Sears Auto Centers.