Department Store

MENOMONEE FALLS, Wis. -- Kohl’s Department Stores announced that the company will be recognized as a 2011 Energy Star Partner of the Year for the second consecutive year at the Energy Star Awards ceremony held in Washington, D.C. The Partner of the Year Award is presented by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy.

DALLAS -- Tuesday Morning's third-quarter sales offered another boost to the home retail segment, albeit not to the extent of Bed Bath & Beyond or Pier 1, which reported 4Q comps of 8.5% and 8.9%, respectively. 

BENTONVILLE, Ark. and HOFFMAN ESTATES, Ill. -- Walmart and Sears Holdings have both announced their commitment to helping military members maintain employment when moving from one community to another.

Bentonville, Ark. -- Wal-Mart Stores said Tuesday it plans to reduce space for electronics in its U.S. stores, saying that sales in that category have declined.

The company will reduce floor space devoted to items such as flat-screen televisions and give some of that space to apparel, according to Rosalind Brewer, who runs the Wal-Mart East division and addressed a retail conference in Atlanta on Tuesday.

Wilmington, Del. -- Chase Card Services, a division of JPMorgan Chase & Co., and Kohl’s Department Stores announced an exclusive marketing partnership in which Chase card members enrolled in Chase’s Ultimate Rewards program will gain access to a wide range of increased rewards benefits for shopping at Kohl’s.

Indianapolis -- Finish Line announced that Terry Ledbetter has been appointed CIO, effective April 14. Most recently, he served as VP information technology, Dick’s Sporting Goods.

In other appointments, the chain said that Donald J. Gualdoni has been appointed VP business development and corporate strategy, effective April 14.

New York City -- Target expects sales from its upcoming Canadian stores to total more than $6 billion by 2017, the company’s CFO said Tuesday, Dow Jones reported.

Speaking to Wall Street analysts, CFO Douglas Scovanner said Target expects to have more than 200 stores in Canada within the next five to 10 years, with the stores generating about $6 billion Canadian ($6.27 billion in U.S. dollars based on Tuesday’s exchange rate).

The historic May flood of 2010 in Nashville and Middle Tennessee took 23 lives, displaced thousands of residents and flooded hundreds of businesses, as more than 13 inches of rain was recorded over a two-day period and the Cumberland River reached nearly 12 ft. above flood stage.

Among the business casualties was the Opry Mills, a Simon Property Group outlet retail destination seven miles from downtown Nashville and a short walking distance from the Grand Ole Opry.

Menomonee Falls, Wis. -- Kohl’s Department Stores announced Tuesday that it will be recognized as a 2011 Energy Star Partner of the Year by the U.S. Environmental Protection Agency and the U.S. Department of Energy.

The award, Kohl’s second consecutive, will be presented Tuesday evening at the Energy Star Awards ceremony in Washington, D.C.

Dallas -- Tuesday Morning Corp. reported Tuesday that sales for the quarter ended March 31 rose 1.3% to $174.3 million, compared with $172 million in the year-ago period.

Same-store sales edged up 0.7%, as traffic dipped 3.2% and average ticket increased 3.9%.

The retailer said it expects capital expenditures of $19 million and to end the fiscal year with 10 to 13 more stores than at the end of the previous year.