Finance & Capital Management

Costa Mesa, Calif. -- Donahue Schriber announced the acquisition of its third grocery-anchored shopping center in the last two months. The company reported the close of escrow on Del Mar Heights Village Center in San Diego County, Calif., which follows the acquisitions of Four Corners Shopping Center in Washington State and Bonita Centre, also in San Diego County.

Elmwood Park, N.J. -- Marcus & Millichap Real Estate Investment Services said it has promoted David E. Thurston to associate VP investments.

Most recently, Thurston held the title of senior associate in the New Jersey office. He began his career at Marcus & Millichap in 1999 as the regional manager of the New Jersey office.

St. Louis -- Discount grocer Save-A-Lot announced the openings of two grocery stores, one in Orange Park, Fla., and the other in Waveland, Miss.

The Orange Park store opened on Aug. 2, and the Waveland store opened Aug. 5.

Save-A-Lot Food Stores is a subsidiary of Supervalu Inc.

York, Pa. -- The Bon-Ton Storesannounced it will convert its Elder-Beerman nameplate in two markets in Michigan. Elder-Beerman stores in Howell and Monroe will be converted to the company’s Carson’s nameplate.

“We are making this strategic change in nameplates as a result of a marketing review,” said Brendan Hoffman, president and CEO. “The usage of Carson’s nameplate will allow us to communicate more effectively and provide us the opportunity to expand our outreach to more consumers.”

DALLAS and ATLANTA — The Home Depot bolstered its home improvement selection with the acquisition of U.S. Home Systems, a manufacturer of kitchen, bathroom and other remodeling products, as well as storage organization systems for closets and garages. Currently, USHS serves as the exclusive provider of kitchen and bath refacing products and services as well as closet and garage organizational systems to The Home Depot.

CAMDEN, N.J. — Campbell Soup Company has completed the acquisition of Bolthouse Farms from a fund managed by Madison Dearborn Partners LLC, a private equity firm, for $1.55 billion in cash. Campbell funded the acquisition through a combination of short- and long-term borrowings.

HONG KONG — Esprit Holdings Limited has appointed Jose Manuel Martínez Gutiérrez as its new Group CEO and executive director, effective on or before the end of September.

NAPLES, Fla. — ACI Worldwide, an international provider of payment systems, has named Daniel Frate as EVP global markets and product management.

Frate most recently served as EVP and head of products and pricing at PNC Bank. Building on ACI's product leadership position, Frate will be charged with delivering customer satisfaction through tight alignment of product roadmaps with market needs. He will be based out of the company's Naples, Florida headquarters.

BENTONVILLE, Ark. — Wal-Mart Stores Inc. will adjust its future financial reports to add more detail on legal proceedings and cyber security after U.S. regulators asked the retailer to better explain certain matters in its latest quarterly and annual filings, Reuters reported.
  
Wal-Mart's correspondence with the U.S. Securities and Exchange Commission took place in June and July and was made public on Monday.

BOCA RATON, Fla. — Despite reporting a wider net loss and sales declines for its second quarter of 2012, Office Depot remains confident in its key goals.