Finance & Capital Management

Baltimore, Md. -- New York City-based Brixmor Property Group said Walmart Supercenter at Liberty Plaza, in Randallstown (Baltimore), Md., grand-opened on Oct. 17 in 160,908 sq. ft.

Brixmor said that discussions with Walmart for the development of this supercenter began as early as 2004, as redevelopment efforts paved the way for the retailer.

Phoenix -- Cole Real Estate Investments said it has purchased three retail power centers totaling about 875,000 sq. ft. for $130.9 million.

The acquired properties are Hillside Town Center, a 165,000-sq.-ft. center in Hillside, Ill., for $27 million; White Oak Village, a 433,500-sq.-ft. property in Richmond, Va., for $68 million; and Barrow Crossing, a 276,000-sq.-ft. center in Winder, Ga., for $35.9 million. Barrow Crossing is a joint venture with Faison, the original developer of the property.

Walmart this week named Daniel Trujillo to the newly created position of SVP and chief compliance officer for its international division, according to a Wall Street Journal report based on an internal company memo.

The appointment comes amid a lengthy, ongoing and costly federal investigation into allegations of bribery at Walmart’s Mexican susbsidiary. Trujillo, 42, is currently deputy general counsel and director of compliance at the oil field services company Schlumberger.

DEERFIELD, Ill. — Walgreens on Thursday announced the appointment of Brad Fluegel as SVP and chief strategy officer. Fluegel will be responsible for corporate strategy, business development, project management and the corporate consulting team while also working on venture capital efforts.

New York -- Lowe's Cos. is seeking to hire two senior executives that could play a role in its CEO succession plan, according to the Associated Press.

The chain is looking for a chief merchandising officer and a head of supply chain. The positions were left vacant in May due to a reorganization.

Lowe’s is looking both internally and externally, the report said.

Jacksonville, Fla. -- Regency Centers has reduced its energy consumption since 2010 by 3.4 million kilowatt-hours. The installation of networked lighting controls at 48 shopping centers, combined with the use of LED lighting and more efficient HID lamps, accounts for the majority of these savings.

Deerfield, Ill. -- Walgreens on Thursday announced the appointment of Brad Fluegel as senior VP and chief strategy officer. Fluegel will be responsible for corporate strategy, business development, project management and the corporate consulting team while also working on venture capital efforts.

Fluegel joined Walgreens after previously serving as executive in residence at Health Evolution Partners. Before that he was EVP and chief strategy and external affairs officer of Wellpoint, a large health benefits company.

SAN JOSE, Calif. — Revenue at eBay rose 15% to $3.4 billion for the third quarter ended Sept. 20 from the the same period last year. The company reported third quarter net income on a GAAP basis of $597 million, or 45 cents per diluted share, and non-GAAP net income of $718 million, or 55 cents per diluted share. GAAP and non-GAAP net income were up 22% and 14%, respectively, year over year due primarily to strong top-line growth.

MEMPHIS, Tenn. — AutoZone has elected Enderson Guimaraes to its board of directors.

Guimaraes is CEO of PepsiCo Europe, a role he assumed in September 2012, and is responsible for PepsiCo's food and beverage businesses in Continental Europe as well as the United Kingdom and sub-Sahara Africa. "

Enderson's exceptional international operations experience will benefit AutoZone greatly. We are fortunate to have him as a new board member," said Bill Rhodes, chairman, president and CEO.

MINNEAPOLIS — Supervalu reported a loss of $111 for its second quarter, compared with net income of $60 million in the year-earlier quarter.

Revenue fell 4.6% to $8.04 billion in the quarter ended Sept. 8, from $8.43 billion in the year-earlier quarter. The decrease in net sales was blamed on both a decline in identical-store sales and the sale of a majority of the company’s gas stations, which had contributed $158 million in revenue in the second quarter last year.