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  • Container Store to anchor The Corner retail center

    Tampa, Fla. -- The Container Store said it will be the anchor tenant of The Corner, a new 35,000-sq.-ft. retail center to be built on the corner of Westshore Boulevard and Spruce Street opposite International Plaza, in Tampa.

    The Corner is a joint venture development of Saber Corner, an affiliate of Saber Real Estate Advisors, and ARC Property Trust, a Real Estate Investment Trust sponsored by ARC Properties Inc.

  • Best Buy appoints CEO search committee

    Minneapolis -- Best Buy Co. has announced the members of its CEO search committee. The company said the committee will oversee a global search process to identify internal and external candidates, including current interim CEO Mike Mikan.

    As part of Best Buy’s commitment to transparency, the company said the board will also publicly announce the selected search firm and will post the position on the company website. The final search firm selection will be announced in the next few weeks.

  • Ann Inc. launches program to donate fixtures and marketing items to charities

    New York -- Ann Inc., the parent company of Ann Taylor and Loft, announced the launch of AnnCares360, a program in partnership with Good360, a nonprofit leader in product philanthropy. The program will facilitate the donation of available displays, marketing items, and fixtures to local charities that support women and children.

  • McDonald’s goes Vegas

    Las Vegas -- McDonald’s has opened its first and only location under the Metro McDonald’s banner, in downtown Las Vegas.

    The two-level, 6,734-sq.-ft. space is located on Las Vegas Boulevard, next to Planet Hollywood Resort Casino’s Miracle Mile Shops. The new McDonald’s boasts 24-hour service, digital menu boards and WiFi access. The contemporary-looking interior is bright and vibrant, with sleek furniture and graffiti-like murals.

  • Customers unwilling to pay more for eco-friendly products

    AUSTIN — While 46% of consumers are more inclined to purchase a product if it is eco-friendly, nearly 60% are unwilling to pay more money for that eco-friendly product or service, according to new research.

  • Former Nordstrom CMO named chief merchant at HSN

    ST. PETERSBURG, Fla. — HSN has named Anne Martin-Vachon chief merchandising officer, effective May 14. Martin-Vachon will oversee HSN's merchandising and planning teams and report directly to Mindy Grossman, CEO of HSNi.

  • Search for digital depth yields Google result

    Much was made this week of the nomination of Google executive Marissa Mayer to the Walmart board and for good reason. She will add a new layer of depth and expertise to Walmart’s board, but she won’t be the only digital darling on the board.

  • Supplier fair coming to Sam’s Club auditorium

    Sam’s Club next week is set to hold the first of three unique supplier fairs designed to improve sourcing from women and minority owned firms.

    The event is scheduled for April 25 from 7:30 a.m. to 6 p.m. and is designed to provide education on the Sam’s Club merchandising strategy, engage potential suppliers, strengthen relationships with diverse suppliers and identify product offerings relevant to the members that Sam’s Club serves.

  • Best Buy interim chief: ‘I’ll work on a long-term vision’

    Minneapolis -- In a video released by Best Buy and reported by Bloomberg, Best Buy Co. interim CEO Mike Mikan told employees on Thursday that his No. 1 priority in his new role is to execute the changes the company announced last month and plan a new direction for the retailer.

    “In the days and weeks ahead, I’ll be working with our leadership team on a long-term vision, a path toward the future that will connect Best Buy with customers across multiple channels while improving performance,” Mikan said.
     

  • Lowe's announces executive promotions, newly created positions

    Mooresville, N.C. -- Lowe's Cos. Inc. said Thursday it has promoted two of its executives to newly created positions.

    Effective May 5, current executive VP business development Gregory Bridgeford been named chief customer officer. Rick Damron, executive VP store operations, has been named COO.
     

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