Content about Private law

May 7, 2013
Growing On All Fronts

Editor's Note: Chain Store Age's 24th annual survey of Fastest-Growing Managers measures new domestic and international third-party management and leasing contracts obtained during the preceding calendar year (2012).

Last year's numbers were such that we couldn't limit our annual Fastest-Growing third-party managers listing to a top five; a sixth was added because the contract totals were that close.

May 6, 2013
Jones Group nominates Barington Capital chief to board

The Jones Group Inc. said Monday that it has nominated James Mitarotonda, chairman and CEO of Barington Capital Group, to its board of directors, expanding the board to 11 members.

April 25, 2013
SRS Real Estate, Cresa create lease admin company

SRS Real Estate Partners and Cresa announced an agreement to form a new company to perform lease administration services for retail, office and industrial clients.

April 22, 2013
Office Depot shareholder redoubles efforts to change board

Investment firm Starboard Value, Office Depot’s largest stockholder with a 14.8% stake, revealed Monday it has delivered a letter to the office supply retailer’s board of directors, expressing “strong disappointment at the board's failure to work constructively with Starboard to reconstitute the board.”

March 4, 2013
Clarion Partners awards JLL leasing, management of Coral Sky Plaza

Jones Lang LaSalle Retail announced that the firm has been retained by Clarion Partners as the exclusive leasing and management agent for Coral Sky Plaza in Royal Palm Beach, Fla.

February 20, 2013
Foot Locker names Build-A-Bear Workshop chief to board

Foot Locker announced Wednesday that it has appointed Maxine Clarke, founder and CEO of Build-A-Bear Workshop, as a member of its board of directors.

December 3, 2012
Brixmor announces multiple leases with Ross Dress for Less

Brixmor Property Group announced four lease executions with Ross Dress for Less across the Brixmor portfolio.

September 26, 2012
Wet Seal says proxy advisors oppose Clinton Group proposal

The Wet Seal said that two independent proxy advisors, Institutional Shareholder Services and Egan-Jones Proxy Services, recommended that the chain’s shareholders reject efforts by Clinton Group to replace six members of the company’s board of directors.

September 24, 2012
Books-A-Million leases former Borders location

Metro Commercial Real Estate announced that Books-A-Million has signed a lease for a 30,077-sq.-ft. former Borders located at 101 Geoffrey Drive in Christiana (Wilmington), Del.

September 21, 2012
CEO Compensation Trends

Executive compensation has always been a hot topic in corporate America — and the retail industry is no exception. These days, two trends are upping the attention paid to pay at the top: the ongoing move to performance-based equity, and the scrutiny compensation packages are receiving from increased SEC regulations and shareholder involvement.

September 17, 2012
Wet Seal shareholder nominates new slate for board

The Clinton Group Inc., a 7% shareholder in Wet Seal, made a formal request to replace most of the retailer’s current board of directors.

August 15, 2012
Focus on: Landlord/Tenant Partnerships

Last June, two organizations — Retail Industry Leaders Association and International Council of Shopping Centers — co-sponsored a sustainability initiative that ultimately would set the bar for landlord/tenant partnerships.

The last 14 months haven’t been without bumps. Forging positive, mutually beneficial programs that involve cooperation from shopping center owners and their retail tenants has long been one of this industry’s greatest — and most frustrating — challenges.

© 2013