Discount Store

This just sounds problematic. To better serve cash constrained customers and compete with dollar stores, the company wants to flow less expensive smaller pack sizes to stores during the middle and the end of the month when customers have less money while larger packs sizes would be on store shelves at those times right after customers have been paid.

Hoffman Estates, Ill. -- Sears Holdings announced today retail veteran Chris Capuano will join the company as senior VP and president -- Home Fashions. She will be responsible for the oversight, leadership and growth of the in-store and online merchandising of home fashions in both the Sears and Kmart formats.

Capuano most recently served as  executive VP GMM – Home and Footwear at Kohl's.

Interesting data points emerged this week that offer potential insight into Walmart’s holiday sales, as Kantar Retail and comScore released reports showing that when compared with the prior year Walmart was less of a destination for gifts and its Web traffic had declined.

ITASCA, Ill. -- Jewel-Osco, a Supervalu-owned company, announced that Keith Nielsen, Jewel-Osco president, has informed the company of his retirement effective at the end of the fiscal year (Feb. 28).

Nielsen’s successor will be Brian Huff, SVP specialty retail for Supervalu. Huff will transition into the position beginning Feb. 7. All operations and business strategies will continue as normal.

Honolulu, Hawaii -- Colliers Monroe Friedlander, an affiliate of Colliers International, said that BlackSand Capital, LLC, a Hawaii-based real estate investment firm, acquired Pearlridge Uptown II from Inspiration International, LLC.

Cleveland -- Forest City Commercial Management announced the appointment of Kym Espinosa as marketing director for Promenade Temecula, a regional lifestyle center in Temecula, Calif.

Espinosa, who has more than 20 years of experience in the shopping center industry, is responsible for marketing program strategy and implementation for the 1.1 million-sq.-ft. retail center.

HOFFMAN ESTATES, Ill. -- Kmart, LF USA and Latin World Entertainment Licensing announced the launch of a new lifestyle collection by renowned actress Sofia Vergara. Sold exclusively through Kmart, the collection will embody the "Modern Family" star's signature style of glamour and sexiness with an air of approachability, according to a press release.

The collection, which will include sportswear, dresses, handbags, jewelry, and footwear will be available at over 800 Kmart stores nationwide and Kmart.com beginning this fall.