Retail

New York City -- Belk plans to remodel almost 30 stores this year as the department store company focuses on upgrading its existing space, the Charlotteobserver.com reported.

Last year, Belk spent about $70 million on store remodels and renovations. In 2012, the chain plans to increase that slightly, to $75 million, and then spend up to $130 million a year in 2013 and 2014, according to the report.

CITY OF INDUSTRY, Calif. — Newegg Inc., the electronics-focused e-retailer, has promoted Bob Bellack, the current president and CFO of Newegg North America, to CEO of Newegg North America. Dr. S.C. Lee has assumed the role of vice chairman of Newegg North America.

Bethlehem, Pa. -- Peeps & Co. has opened its third store, in The Shoppes at Sands, next to the Sands Casino Resort Bethlehem, Bethlehem, Pa. The store offers an energy-filled environment immersing visitors in sight, sound and taste.

Peeps is the retail arm of candy-maker Just Born, whose brands include Peeps and Mike and Ike.

Nordstrom’s transition from a retailer best known as an operator of upscale department stores to an off-price discounter is poised to continue in 2012 as expansion plans for Rack outlet stores outpace those of full line Nordstrom stores.

Lancaster, Pa. -- Giant Food Stores announced that roof-mounted solar photovoltaic systems have been installed and are operational at two of its locations in Lancaster and Pottstown. In-store flat panel monitors will reveal to customers in real time how the system operates and the energy savings being achieved.

HOFFMAN ESTATES, Ill. — A spokesman for Sears Holdings Corp. said that the owner of Sears and Kmart stores is cutting 100 jobs at its headquarters in Hoffman Estates, Ill.

According to Chris Brathwaite, Sears spokesman, the cuts cover a range of positions. The terminated employees were notified Thursday.

The retailer has not said whether additional cuts are planned.

Fort Worth, Texas -- Chick-fil-A received LEED (Leadership in Energy and Environmental Design) Gold certification for its restaurant at Montgomery Plaza, Fort Worth, Texas. It is the first LEED Gold-certified restaurant in Fort Worth. The chain has committed to build four more LEED designed restaurants in 2012, and will incorporate energy conservation measures and recycled materials into all new restaurant construction activities.

San Bernardino, Calif. -- Stater Bros. will open a new, eco-friendly supermarket in Lake Elsinore, Calif., on Feb. 22.

At 43,279 sq. ft., the new Stater Bros. is over 76% larger than a smaller Stater Bros. location it is replacing. The store features refrigerated display cases with LED lighting, ECM motors, and glass doors using 60% less energy. It also has lighting system that use dimming ballasts, energy efficient lamps, and occupancy sensors.

Other environmental features include: