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Brixmor names JLL Retail exec as VP of leasing
New York - Brixmor Property Group, owner and operator of the largest wholly-owned portfolio of grocery-anchored shopping centers in the U.S., has named Christopher Ralph as VP leasing and will be based in Orlando, Florida. In this role, Ralph will oversee the leasing at Brixmor’s 58 community and neighborhood centers in Florida, which collectively total nine million-sq.-ft..
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Walmart cuts health benefits for part-time associates; increases premium costs
New York -- Wal-Mart Stores Inc. on Tuesday said it will no longer provide health benefits to part-time associates who work less than 30 hours a week in a move to control its rising healthcare costs. The chain, the nation’s largest private employer, said the decision will impact about 2% of its total U.S. work force.
The announcement follows similar decisions by Target, Home Depot, Walgreens and Trader Joe’s to cut health insurance benefits for part-time associates.