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.

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.

El Segundo, Calif. -- Fresh & Easy Neighborhood Market has announced a partnership with REC Solar, a leading solar electric system provider in the United States, to install roof-mount solar systems on nine stores in Arizona. The installation of the systems will begin in March 2011.

The combined 410 kW of installed solar systems will produce an estimated 620,000 kilowatt-hours (kWh) annually, the equivalent of reducing 22 million lbs. of CO2 emissions -- or removing 28 million car-driven miles -- over the next 25 years.

New York  City -- Fast-fashion retailer H&M will open its largest store to date on Saturday, at the Forum Shops at Caesars, on the Las Vegas Strip.

The three-level, 55,000-sq.-ft. store, which will sell women’s, men’s and children’s clothing, shoes and accessories, is located in a building that formerly housed FAO Schwarz. The toy store, which closed last January, had occupied the space, along with its iconic Trojan horse, since 1997.