Retail

MINNEAPOLIS - Target announced its commitment to sustainability and outlined goals it hopes to achieve over the next five years. Target's commitments to environmental sustainability, along with more on Target's sustainability efforts, are available at hereforgood.target.com/environment, the company reported.

Dallas -- 7-Eleven has agreed to acquire ExxonMobil's retail interests in 183 Florida sites. The transaction, expected to close early in 2011, is subject to standard closing conditions and regulatory approvals. Terms of the deal were not disclosed.

By Jay Leyden, [email protected]

Today, retail companies have realized that projecting a consistent and positive brand image to their customers is a major factor in achieving customer satisfaction. That means everything from lighting standards and cleanliness to HVAC and exterior landscaping are potentially as important to their brand as, say, their advertising campaign or the quality of their products. 

New York City -- Supervalu has reached an agreement to sell its Total Logistic Control subsidiary to Ryder System for an undisclosed amount.

The subsidiary provides logistics and supply chain management solutions to manage distribution, warehouse and transportation operations for food, drink and packaged-goods companies.

New York City -- Whole Foods Market’s store in Lake Grove has become the first supermarket  in the United States to be awarded with both a LEED (Leadership in Energy and Environmental Design) Gold certification from the U.S. Green Building Council as well as a Three Green Globe certification from the Green Building Initiative.

The store, which opened in March 2010, is the third of Whole Foods Market’s 22 locations in the Northeast region to receive a LEED certification, and the first to be recognized by the Green Building Initiative.

New York City -- Neiman Marcus plans to increase spending on technology to align its in-store and e-commerce businesses, the Financial Times reported.

Sales at Neiman’s e-commerce businesses increased 16.9% during the quarter ending Oct. 31, compared with a year ago.

Karen Katz, who took over the reins as chief executive from Burt Tansky in October, said Neiman planned to “ramp up how we connect” with customers who are increasingly equipped with smartphones and tablets, the report said.
 

Beaumont, Texas -- Regional appliance and electronics chain Conn's said Thursday that chairman William C. Nylin Jr. is stepping down and will be succeeded as non-executive chairman by director Theodore Wright.

Nylin has served as chairman since June 2009 and was executive vice chairman before that. He has been on the board since 1993 and has also served as the company's COO and president. He will remain on the board.