GameStop's efforts to generate growth by diversifying its business model worked well in 2015, as the video game retailer posted its third straight year of positive comps.
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Macy’s sells San Diego store to Westfield Corp.—and then leases it back
Mall owner Westfield Corp. has acquired two buildings owned by Macy’s at Westfield Mission Valley mall in San Diego for approximately $16.5 million.
Included in the sale were a full-line Macy’s department store and a nearby — and much smaller — building that houses a restaurant.
The purchase comes as the retailer remains under pressure from an activist investor to sell off full or partial stakes in some of its real estate.
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Sears Holdings names new chief administrative officer
Sears Holdings has named an expert in digital transformation to fill the newly created role of chief administrative officer.
The company has named James P. Andrew to fill the new position, which will be responsible for the company's corporate support functions, including financial planning and analysis, business finance, procurement, legal, and human resources.

