Finance & Capital Management

New York — Covo Trattoria has leased restaurant space at 3660 Broadway at the intersection with West 151st Street, a prominent corner in the Hamilton Heights district of Upper Manhattan. The space includes 1,500 sq. ft. on the ground floor and a full basement. Covo Trattoria anticipates opening in the spring.

The eatery has two existing locations in West Harem. At the Hamilton Heights location, Covo Trattoria will join neighbors The Grange, The Chipped Cup, Harlem Public and The Heights Tavern.

The Home Depot has acquired Blinds.com, the Houston-based online window coverings retailer.

In explaining the appeal of the partnership, Home Depot cited Blinds.com's integrated user experience, on-demand staff and knowledge base.

Denver  — The Bridal Collection has leased an 18,030-sq.-ft. location at Fairways Plaza in Centennial, Colo. Fairways is a 121,256-sq.-ft. neighborhood center.

Transwestern represented the landlord, LNR Partners, in the transaction.

The bridal boutique has planned a May opening.

Oak Brook, Ill. – McDonald’s Corporation reported small increases in consolidated net income and revenues for both the fourth quarter and full fiscal year 2013, compared to the same periods a year earlier. During the fourth quarter, McDonald’s net income rose fractionally to $1.397 billion from $1.396 billion and revenues grew 2% to $7.09 billion from $6.95 billion.

Haier America president and CEO Shariff Kan has stepped down and will be replaced by Adrian Micu, effective Feb. 10, according to the company.

Micu comes to Haier with more than 25 years of executive-level engineering, technology and product development experience within the appliance industry. Most recently, he held the position of VP engineering with Whirlpool Corporation.

Washington, D.C. -- Wal-Mart Stores announced that it has created a $10 million fund to support manufacturing in the United States. In a joint announcement, Kent International, a New Jersey-based bicycle maker and one of the chain’s suppliers, said  that it will move its production from overseas to Clarendon, S.C.

Greensboro, N.C. - Tanger Factory Outlet Centers Inc. plans to develop Tanger Outlets Savannah, in partnership with Georgia development firm Ben Carter Enterprises. Phase One will deliver approximately 400,000 sq. ft. of gross leasable space to the market and the center is expected to house more than 90 upscale brand name and designer outlet stores, with additional outparcel development opportunities.  

Meijer customers donated more than $510,000 during the company’s holiday Simply Give campaign, helping food pantries throughout the Midwest restock their shelves.

Combined with a donation from Meijer, the holiday campaign raised more than $1.2 million, making it the most successful campaign since Simply Give began in November 2008.