Retail

PHILADELPHIA — Sparks, a maker of custom retail fixtures, has appointed two new executives to their business development team.  Ilicia Manger and Jeffery Buttson bring a combined total of 35 years of retail fixture industry experience to the Sparks executive team.

Minneapolis -- Target Corp. said it has completed the sale of its entire consumer credit card portfolio to TD Bank Group for $5.7 billion, the gross value of the outstanding receivables at the time of closing.
 

Philadelphia -- Metro Commercial announced that Allen Edmonds has opened a flagship shoe store in Philadelphia, located at the corner of 18th & Chestnut Streets.

The 1,900-sq.-ft. store opened in February.

Metro Commercial negotiated the lease on behalf of the landlord Midwood Investment & Development.    

BOCA RATON, Fla. — Office Depot, announced that it has won two Silver Stevie Awards in the seventh annual Stevie Awards for sales and customer service. 

Office Depot was honored with Silver Stevie Awards for e-commerce customer service, which recognized Office Depot’s expanded chat services for web customers and the telesales team of the year.

Dallas/Fort Worth -- Venture Commercial said it has represented tenants Sola Salon Studios and Guitar Center in the completion of two D-FW leases, totaling 22,400 sq. ft. of space.

Sola Salon Studios has opened a new 10,237-sq.-ft. studio in the Marketplace at Highland Village shopping center, the chain’s fifth location in Texas.

Guitar Center leased 12,163 sq. ft. at Town East Crossing in Mesquite, Texas.

First quarter same store sales are expected to increase in the high teens at Cabela’s and drive earnings substantially higher than analysts’ estimates, the retailer said late Tuesday in advance of an investor conference today.

Cabela’s reported a firearms and ammunition driven 12% same store sales increase for its fourth quarter ended December 29, 2012. When those results were released a month ago the company said the favorable trends seen in the fourth quarter had accelerated into the first quarter.

Cleveland -- CenterMark Development has announced plans to build a 10,010-sq.-ft. Dollar Tree store in Cleveland, the first ground-up construction of a free-standing Dollar Tree store in the City of Cleveland.

The project breaks ground in March with completion scheduled for August 2013. Construction financing was provided by PNC Bank. HCI is serving as general contractor.  

Dick’s Sporting Goods first Field & Stream outdoor specialty store is scheduled to open this fall in the Pittsburgh suburb of Cranberry Township.