Sales & Marketing

New York City -- The president and CEO of Aaron's Inc. has resigned.

Robert C. Loudermilk, the son of the company's founder, announced his resignation Friday afternoon. In a statement, the appliance and furniture-rental company said Loudermilk was leaving due to health reasons. He also resigned from Aaron's board of directors.

Ronald W. Allen, former chairman and CEO of Delta Air Lines, will serve as Aaron's interim president and CEO.

SAN FRANCISCO — Williams-Sonoma has acquired Rejuvenation Inc. for an undisclosed price, the company announced last week. Rejuvenation Inc., is a manufacturer of such products as door and cabinet hardware as well as reproduction lighting that is sold through its catalog, website and retail stores in Portland, Ore., Seattle, Wash., and Los Angeles.

Minneapolis -- Target Corp. is adding a new benefit to its REDcard Rewards loyalty program: free shipping on Target.com purchases when guests use their REDcards. In addition, for the first time Target Debit Cards can be used on Target.com.

Target’s REDcard Rewards loyalty program applies to the Target REDcards, including the Target Credit Card, Target Visa Credit Card and Target Debit Card. The program offers guests an extra 5% off Target’s already prices on nearly all items purchased in stores and online when they use a REDcard.

City of Industry, Calif. -- Hot Topic Inc. said that its CEO, Lisa Harper, 52, has also been named its board chairwoman.

Former chairman Bruce Quinnell will stay on as chairman of the audit committee, but he will not seek re-election to the board when his term ends in June, the company said.

The company also said Matthew Drapkin was named lead director.
 

Beaverton, Ore. -- Jacksonville, Fla.-based Regency Centers said that regional vitamin and supplement retailer Super Supplements has leased 4,165-sq.-ft. of space at Walker Center, located in Beaverton, Ore.

The new store is slated to open for business in spring 2012.
 
The 89,609-sq.-ft. shopping center features national retailers such as Massage Envy, Five Guys Burgers and Fries, and Jimmy John’s Gourmet Sandwiches.
 

Mandeville, La. -- Covington, La.-based Stirling Properties said that Coldwater Creek and Buckle have opened at Premier Centre, a 295,000-sq.-ft. grocery-anchored center in Mandeville, La.

Buckle’s 5,000-sq.-ft. store is its 11th location in Louisiana. Coldwater Creek’s 4,833-sq.-ft. store is its fifth in the state.

The low single-digit apparel-and-accessories comps increase Target reported in October put the company squarely in the middle of the pack with department store and specialty apparel competitors.

When a major mall wants to create a stir, adding a premier department store retailer such as Bloomingdale’s will usually do the trick.

In early November, Chicago-based General Growth Properties announced that it will add Bloomies as an anchor to its Glendale Galleria property, in Glendale, Calif. As well, said GGP, the center will undergo an expansive renovation, incorporating aesthetic updates to both the interior and exterior of the property.