OPERATIONS

Report: Hoffman Estates working to keep Sears headquarters

BY CSA STAFF

Hoffman Estates, Ill. — An Associated Press report on Tuesday said that Hoffman Estates, Ill., trustees have passed a resolution asking the state of Illinois to try and keep the Sears Holdings Corp. headquarters located in Hoffman Estates.

Sears has said it is in discussions with two prospective destinations for its corporate headquarters, but is still talking to Illinois about staying put.

Hoffman Estates’ mayor William McLeod has said it would "devastating" if Sears moved its headquarters to another locale.

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STORE SPACES

Office Depot stores hold top three energy-efficiency spots in EPA competition

BY Katherine Boccaccio

Boca Raton, Fla. — Office Depot said Tuesday that three of its stores hold the top spots for retail energy efficiency gains at the midpoint of the U.S. Environmental Protection Agency’s Energy Star National Building Competition.

The EPA has marked the midpoint of the 2011 Energy Star National Building Competition: Battle of the Buildings by releasing a list of Top Contenders for each building category, as well as the progress of all competitors. Office Depot stores in Plano, Texas, Raleigh, N.C., and Tallahassee, Fla., are the three top contenders, respectively, in the retail category.

The Plano store has experienced a 17% energy reduction at the midpoint in the competition.

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FINANCE

Tuesday Morning Q1 sales dip 1.2%

BY Staff Writer

Dallas — Tuesday Morning Corp. reported Tuesday that net sales for the quarter ended Sept. 30 edged down 1.2% to $170.7 million, compared with $172.8 million in the year-ago period.

Same-store sales for the period declined 4.1%, comprised of a 5.2% decrease in traffic offset by a 1.1% increase in average ticket.

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