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Finance & Capital Management

  • TJ Maxx to open Wall Street store

    New York City -- Winick Realty Group said that TJ Maxx has leased its first Wall Street location, in the heart of New York City’s Financial District.

    The 32,000-sq.-ft. store, which spans two lower levels at 14 Wall Street on the corner of Broad Street, is slated to open in October.

  • New retail leases signed at Shops at Highland Village

    Highland Village, Texas -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Highland Village, Texas, to two new merchants at The Shops at Highland Village.

    Delta Dental Insurance Co. has leased 10,678 sq. ft. of office space, and children’s apparel retailer Addison June Baby Boutique has leased 2,419 sq. ft. 

  • ODP strengthens Canadian presence with new website

    ATLANTA — Canada's importance to the retail industry continues to grow, made evident by the recent news that Office Depot has engaged ShopVisible, a leading provider of on-demand e-commerce, social commerce, and mobile commerce solutions, to launch the retailer’s new Canadian-facing e-commerce site.

  • Survey: 27% of Americans to spend less on 2011 holiday

    New York City -- Most than a quarter of Americans expect to spend less during the holidays this year, according to a survey by American’s Research Group, Reuters reported.

    About 27% of people surveyed said they planned to spend less this year, while about 55% expect to spend only as much as last year. The question was one of several asked exclusively for Reuters as part of a larger America's Research Group survey.

  • Destination Maternity opens in South Korea

    Philadelphia -- Destination Maternity Corp. announced the opening of two namesake stores and two shop-in-shops in South Korea.

    The freestanding locations, in the cities of Koyang and DaeJeon, are the chain’s first stores in South Korea and were opened by partner Agabang & Co.

  • CB Richard Ellis announces promotion

    Los Angeles -- CB Richard Ellis Group announced Monday that Grayson Gill has been promoted to COO of the company’s Asset Services business line.  

    Gill previously held the title of Senior Managing Director.

    In his new role, he will be responsible for the operations of Asset Services in the United States, overseeing all of the business line’s operational departments, including Legal, Employee Relations, Finance, Technology, Procurement, Human Resources, Technical Services, and Client Accounting.

  • Stage Stores names head of South Hill division

    HOUSTON — Stage Stores has announced that Mike Searles has joined the company as president and COO of its South Hill division, which is headquartered in South Hill, Va. Searles, who will report to Rich Maloney, EVP and chief merchandising officer, will be responsible for all operations of the South Hill division, including merchandising, planning and allocation, and store operations.

  • Stage Stores names president, COO of South Hill division

    Houston -- Stage Stores announced that Mike Searles has joined the company as president and COO of its South Hill Division, which is headquartered in South Hill, Va.

    Searles will be responsible for all operations of the South Hill Division, including merchandising, planning and allocation, and store operations. He has served as chairman and CEO of Wilsons Leather Stores, and Factory 2-U Stores, in addition to holding senior executive level positions at several other national retail chains.

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