Retail

Walmart is hoping to catch some of those last-minute shoppers by holding its "Big Christmas Event" on Saturday, Dec. 17. 

On Dec. 17, Walmart said it will offer its lowest prices of the season on toys, games, electronics, bikes and more. In addition, Walmart.com is giving customers an extra day to shop by extending its shipping deadlines. 

MENOMONEE FALLS, Wis. — Kohl's announced that it has expanded its partnership with Vera Wang Group to launch a new, exclusive line of junior's clothing that will be available in stores and online beginning August 2012.

The Princes Vera Wang collection will include premium apparel and jewelry at a great value, the company said. Additional categories may be added over time. 

PLEASANTON, Calif. — Safeway on Tuesday named Al Duran to the role of president of the company's Denver division. He replaces Scott Grimmett, who is leaving Safeway for an opportunity with a noncompeting food retailer, the company stated.

"Al's results-oriented leadership style and experience on both the retail and the marketing side of our business will serve him well in his new assignment," Safeway chairman, president and CEO Steve Burd said. "He is also a Colorado native and knows that market well."

Menomonee Falls, Wis. -- Kohl’s Corp. said Wednesday that it has expanded its partnership with Vera Wang Group to launch Princess Vera Wang, a junior collection that will be sold exclusively by Kohl’s beginning August 2012.

The line will be available both in-store and online.

Seattle -- REI (Recreational Equipment Inc.) announced that it will open its first location in Ohio next fall at Rockwood Commons in Cincinnati. The one-story location will occupy 22,000 sq. ft. and will serve more than 5,000 active REI members as well as other outdoor enthusiasts in the community.

The company also announced that it will open a store in Medford, Ore. The 23,500-sq.-ft., one-story location will open next fall in Alba Village and help outfit approximately 7,300 local active members and other adventurers.

Wal-Mart Stores' Mexican subsidiary, Walmex, is now part of the Mexican Stock Exchange's newly created Sustainable Index, the company reported. 

CHICAGO — A new report by ShopperTrak found that sales continue to rise despite flat year-over-year figures.

Sales for the week ended Dec. 10 rose 10.6% above the prior week, while year-over-year sales saw a decline of 1.9%. The drop, which followed a 0.2% year-over-year increase during the week ended Dec. 3, is not an indication that holiday sales will be dismal this year; the firm suggested that it may have been caused by the shifting dates of Hanukkah — moving from Dec. 1 in 2010 to Dec. 20 this year.

Pleasanton, Calif. -- Safeway Inc. said Wednesday it has appointed Al Duran to president of the company's Denver Division. He replaces Scott Grimmett, who is leaving Safeway for another opportunity.

Duran joined Safeway's Denver Division in 1979, and worked his way through the company's ranks including senior retail operations and marketing positions in the Safeway's Phoenix and Dominick's divisions. He joined Safeway's corporate team in 2009 as VP retail initiatives.