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  • Williams-Sonoma has recipe for earnings success

    SAN FRANCISCO — Williams-Sonoma reported that fourth-quarter EPS grew 15% to $1.34 and that quarterly revenue grew to $1.406 billion versus $1.268 billion in 2011 with comparable brand revenue growth of 4%.

    Fiscal 2012 EPS grew 14% to $2.54. Net revenues for the year grew to $4.043 billion versus $3.721 billion in FY 11 with comparable brand revenue growth of 6.1%.

  • REI to open new store in Tysons area

    McLean, Va. -- Recreational Equipment said that it will open a new REI store in the Tysons area of McLean, Va.

    The 32,800-sq.-ft., two-story store is slated to open in August 2013.

    “Tysons is the ultimate shopping hub in Northern Virginia,” said Ray Dinterman, REI retail director for the Mid-Atlantic district. “Our new store will join five other local REI stores and help us better outfit nearly 200,000 active members who paddle the Potomac and hike the Appalachian Trail."

  • Fimiani Development adds to statewide leasing team

    Boca Raton, Fla. -- Real estate development firm Fimiani Development said that it has named Lindsey Alexander and Meredith Housman as VPs of leasing for the company.
     
    Alexander and Housman will work with Simon Property Company, Kite Realty Group, Kimco and Office Depot and will focus on landlord representation as well as tenant representation.

    Alexander was previously with Woolbright Development and Housman with Equity One.

     

  • Rappaport and Principal form JV partnership to acquire Mid-Atlantic assets

    Washington, D.C. -- The Rappaport Cos. and Principal Real Estate Investors announced a joint venture to acquire retail assets throughout the Mid-Atlantic region.  

    The program launched with the recapitalization of approximately 1 million sq. ft. of retail space in four retail centers located in Northern Virginia.  

  • Rona appoints former Metro exec as new president and CEO

    Boucherville, Quebec, Canada -- Canadian home-improvement chain Rona Inc. announced Tuesday it has named Robert Sawyer as president and CEO, effective next month.

    Sawyer was previously an executive at grocery chain Metro Inc.

    Rona’s acting CEO Dominique Boies will remain as company CFO.

  • Wendy’s to expand into Ecuador

    Dublin, Ohio -- The Wendy's Co. announced Tuesday an agreement with The Eljuri Group to develop 20 Wendy's restaurants in Ecuador.

    As the largest business group in Ecuador, Eljuri said it expects to open the first two Wendy's locations in 2013 in Guayaquil, a coastal city with a population of 2.3 million people.  

  • CVS Caremark to fund technology lab at Chicago State University's College of Pharmacy

    New York -- CVS Caremark has donated $250,000 to the Chicago State University’s College of Pharmacy for the development of the CVS Caremark Student Center and Technology Laboratory.

    “This donation will help to improve the College’s physical space and technological resources, which greatly enhances student success within the College of Pharmacy. To say thank you is an understatement,” stated Dean Miriam Mobley Smith with the College of Pharmacy.

  • Meijer expands Made in Michigan initiative

    Grand Rapids, Mich. — Meijer has expanded its program that supports Michigan small businesses to feature 55 new Michigan-made grocery products in all its stores statewide, Meijer co-chairman Doug Meijer announced Tuesday.

  • InsideView sees increased demand for CRM system

    SAN FRANCISCO and NEW ORLEANS — InsideView, a provider of customer intelligence, announced that one year after introducing a multi-faceted partnership with Microsoft to integrate InsideView's curated content into Microsoft Dynamics CRM, demand for the joint solution has exceeded expectations, and has provided an opportunity for Microsoft Dynamics channel partners to bring additional value to their CRM customers.

  • Promotions announced at Easton Sports

    VAN NUYS, Calif. — Easton-Bell Sports, a designer, developer and marketer of innovative sports equipment and accessories under the Easton, Bell, Giro, Riddell and Blackburn brands, has announced the following key executive appointments and promotions at Easton Sports:

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