Retail

Shopko announced that retail industry veteran Peter McMahon has been selected as its new chief executive officer.

The Wisconsin Sign Association Inc. has given Milwaukee-based Sign Effectz Inc. a first place award for the neon sign it designed, built and installed for Divino’s Restaurant in Milwaukee.

Mariano’s, one of five grocery banners of Milwaukee-based Roundy’s Inc., delivered an emergency relief donation of water to Illinois tornado victims on Tuesday. Coordinated through the State of Illinois Emergency Management (IEMA), a full Mariano’s trailer carrying 1,428 cases of Roundy’s bottled water (34,272 individual bottles) was delivered to Washington, Ill. Tuesday afternoon.

U.S. Bank and HSA Commercial Real Estate announced they have closed on a $32.5 million construction loan that will finance a portion of the overall redevelopment of the former Roundy's warehouse in Wauwatosa into a new 250,000-square-foot retail center.

Kohl’s Corp.’s stock shares plummeted today after the company reported third quarter net income of $177 million, or 81 cents per share, down from $215 million, or 91 cents per share, in the same period a year ago.

The recent history of department store chains suggests there are great dangers in stagnation and poorly executed retail brand makeovers. Kmart, Sears and J.C. Penney’s quickly come to mind.

Bon-Ton Stores Inc. today announced it will close its Boston Store Harbor Center location in Sheboygan.

Beginning Nov. 1, Wisconsin became the 14th U.S. state in which online retailer Amazon collects state sales taxes.

Milwaukee-based Weyco Group Inc. today reported third quarter net earnings of $5.4 million, or 50 cents per share, up from $5.2 million, or 48 cents per share, in the same period a year ago.

Sears is considering separating its Lands' End and Sears Auto Center businesses from the rest of the company as it seeks to bolster its business at its Sears and Kmart stores.