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  • Marcus & Millichap names retail exec

    Palo Alto, Calif. -- Marcus & Millichap Real Estate Investment Services said it has named Kirk L. Trammell senior director of the firm’s National Retail Group in Palo Alto.

    Trammell joined Marcus & Millichap in June 1989. During his career, he has closed more than $1 billion in commercial property transactions, according to the company.

  • Jimmy Choo CEO named president of Bergdorf Goodman

    DALLAS — Neiman Marcus Group announced that Joshua Schulman has been appointed president of Bergdorf Goodman, effective May 7.

    Schulman, 40, joins Neiman Marcus from Jimmy Choo where he was CEO. In this role, he oversaw the international expansion of the brand and the growth of jimmychoo.com. Prior to Jimmy Choo, Schulman was president, Kenneth Cole New York, and managing director, international strategic alliances, Gap Inc.

  • Best Buy: Search for CEO could take up to nine months

    Minneapolis -- Best Buy announced that it is creating a committee to run a global search for a new CEO to replace Brian Dunn, who resigned on Thursday. The retailer said the search could take six to nine months to complete.

    The committee will be headed by Kathy J. Higgins Victor, a board member and chairwoman of Best Buy's nominating committee. Six search firms will be interviewed and the final search firm partner will be selected in the next few weeks, the chain said in a statement.

  • Dollar General strengthens commitment to military community

    GOODLETTSVILLE, Tenn. — Dollar General has pledged its support of the White House’s Joining Forces initiative, which promotes private sector employment for members of the military community.

  • Two Madison Marquette officials earn ICSC state directorships

    Washington, D.C. -- Madison Marquette announced Thursday that two of its senior professionals, John-david Franklin (who will represent Pennsylvania, Delaware and Southern New Jersey) and Chuck Taylor (who will represent Florida), have been selected as State Directors by the International Council of Shopping Centers.

    The volunteer positions are granted annually to industry leaders who are seen to display unique dedication to ICSC goals and mission.

  • Report: Best Buy probing Dunn ties to female employee

    Minneapolis -- A Thursday report in the Minneapolis Star-Tribune said that Best Buy’s investigations into former CEO Brian Dunn’s personal conduct includes allegations of an inappropriate relationship with a female employee.

    According to the newspaper, Dunn is said to have used company resources in the course of the relationship. It quoted an unnamed source as saying “the company is investigating multiple complaints that Dunn behaved inappropriately with a female subordinate.”

  • Target a Canadian game changer, not so fast

    The Canadian consumer is a value conscious, “tough nut to crack,” who is already well-served by existing retailers, according to Diane Briesebois, president and CEO of the Retail Council of Canada, a trade association founded in 1963 that represents retailers that operate more than 45,000 stores and account for 85% of Canadian retail sales.

  • Jobless claims up, but consumer confidence also increases

    Washington, D.C. -- Figures released Thursday by the Labor Department showed that more Americans than forecast filed applications for jobless benefits last week, reinforcing concern that the labor-market recovery will be slow to develop.

    Consumer confidence, however, has held up, as the Bloomberg Consumer Comfort Index was minus 32.8 in the period ended April 8, second only to the prior week’s minus 31.4 as the highest since March 2008.

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