Retail

A week after rival Home Depot announced plans to 80,000 seasonal spring employees, Lowe’s announced its plans to hire approximately 25,000 seasonal employees at its U.S. stores for the busy spring season.

Seasonal jobs available are focused on customer support and include cashiers, lawn and garden employees, loaders and stockers.

Dallas — SRS Real Estate Partners has appointed Matias Campins as director of research to the Dallas/Ft. Worth headquarters office. Campins will oversee the delivery of research services across the company and stay informed of research platform capabilities to ensure competitiveness within the retail industry.

Ace Hardware’s unique value proposition allowed it to withstand strong competition from Home Depot and Lowe’s in 2013 and grow annual sales by a 8.2% to a record $4.2 billion.

“We outperformed our operating plan, exceeding $4 billion in consolidated revenues and $100 million in net income for the first time in our history,” said president and CEO John Venhuizen.

Net income was $104.5 million for fiscal 2013, an increase of $22.7 million, or 27.8%, compared with $81.8 million in fiscal 2012.

New York — Retail developer Edens has selected four finalists for its annual Retail Challenge, a nation-wide student competition for the most compelling new retail concept. The announcement of the winner kicks off this year’s smART: The Art of Retail conference.

Both the Edens Retail Challenge and smART aspire to incubate new ideas, share knowledge and identify the next generation of industry thought leaders.

New York -- Walgreens will provide a first-hand look at its net zero-energy store during Chain Store Age’s 50th annual SPECS Conference, which will be held March 9 -12, in Grapevine, Texas.  

Chicago -- Fresh Thyme Farmers Markets, a new specialty grocer format featuring value-priced healthy and organic offerings, announced Wednesday that it plans to open over 60 stores and create approximately 5,000 new jobs throughout the Midwest over the next five years. The company's first store will open in Mt. Prospect, Ill., this spring, followed by eight more grand openings, spread out between Illinois, Indiana and Ohio, throughout the remainder of this year. The retailer will enter Michigan, Missouri, Wisconsin and Minnesota in 2015.

New York – The board of directors of Foot Locker Inc. has elected Steven Oakland as a director of the company. Oakland is currently president -international, foodservice, and natural foods of The J.M. Smucker Company.

Oakland has spent the bulk of his career at The J.M. Smucker Company, serving in increasingly senior positions. He has extensive experience in domestic and international retail operations at the company, having also served as president of U.S. Retail for Smucker's, Jif, and Hungry Jack.

Singapore – F.J. Benjamin Holdings Inc., a developer and manager of retail brands including Gap, Banana Republic and Guess, in Asia, has deployed the traffic intelligence application from Tyco Retail Solutions. The company sought a clear understanding of how the differently branded stores’ locations compared with each other, as well as the ability to track shopper conversion rates within each store.