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  • Sembler reinvents Park 66 property

    St. Petersburg, Fla. -- The Sembler Co. announced Monday that it is redeveloping its Park 66 shopping center, located in St. Petersburg, Fla., and owned by the company since 1970.

    A Wal-Mart Neighborhood Market is being added to the property as part of the redevelopment – slated to open fall 2013 – and other tenants are being relocated.
     

  • NAI MLG Commercial names VPs

    Milwaukee -- NAI MLG Commercial announced that Tim Janusz and Brett Garceau have been promoted to VP.

    Janusz specializes in office landlord and tenant representation, and Garceau specializes in the lease and sale of industrial properties.

     

  • SRS Real Estate hires VP

    Dallas -- SRS Real Estate Partners said that Cody Persyn has been named VP of the company’s Houston office.

    Persyn will focus on disposition, investment sales, and land brokerage.

     

  • Divaris names Lowe’s exec as VP in Roanoke office

    Virginia Beach, Va. -- Divaris Real Estate announced that Sam McCoy has been appointed VP of the company’s new regional office in Roanoke, Va.

    McCoy is charged with strategic planning, acquisition, site development, sales and leasing of commercial properties throughout the Mid-Atlantic region with an emphasis on the southwest Virginia markets.

    Previously, McCoy was director of real estate at Lowe’s Cos., responsible for the development of new Lowe’s Home Improvement store sites in the Mid-Atlantic region.

     

  • Chevy Chase Land Co. names exec

    Chevy Chase, Md. -- Chevy Chase Land Co. announced that Lucy Fraser has been named VP of asset management for the company.

    Fraser previously served as VP of property management for Combined Properties.

     

  • Former Michaels CEO named to interim chief post at Tuesday Morning

    Dallas -- Tuesday Morning Corp. announced Monday that it has named Michael Rouleau as its interim CEO, effective immediately.

    Rouleau, who served as president and CEO of Michaels Stores from 1996 to 2006, joined Tuesday Morning’s board last November. He will lead the clearance retailer until it hires a permanent CEO.

  • Reuters: Ron Johnson knew Martha Stewart deal was in conflict with Macy’s

    New York -- A Friday report by Reuters revealed that J.C. Penney CEO Ron Johnson was well aware that the retailer’s deal with Martha Stewart would step on Macy’s toes, but testified in court that the company decided to move forward anyway.

    Attorneys for Macy’s in New York state court on Friday presented Johnson with an email he sent to a Penney board member saying that Stewart would have to break her agreement with Macy’s if Johnson was going to “pull off” a deal with her.

  • Obama names Walmart Foundation president to budget post

    Washington, D.C. -- According to published reports, President Obama will nominate Walmart Foundation president Sylvia Mathews Burwell as director of the Office of Management and Budget.

  • Supervalu announces divisional leadership changes

    Minneapolis -- Supervalu announced Monday that it will make sweeping changes among its executive ranks as part of a previously announced right-sizing program.

    Newly minted president and CEO Sam Duncan has named former Kroger VP Mark Van Buskirk as EVP merchandising and marketing for Supervalu, charged with oversight of retail merchandising and marketing.

    Former Albertsons executive Rob Woseth has been named EVP chief strategy officer, overseeing real estate and corporate development, as well as strategic growth opportunities.

  • American Eagle opens in the Philippines

    Pittsburgh -- American Eagle Outfitters said Friday that its first Philippines store opened on March 1, at Bonifacio High Street in Taguig City, Manila.  
     
    The retailer said that additional stores are planned in 2013 throughout the country, operated by franchise partner Suyen Corp.

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