Marketing

Consumers are using credit more responsibly, according to the latest delinquency data released by Target. The percentage of accounts 60 days and 90 days past due in Target’s credit portfolio experienced meaningful declines during March, and are now at their lowest level in more than two years.

INDIANAPOLIS -- Finish Line announced that Don Courtney will retire as president e-commerce, following a transition period. Courtney will remain in his current role throughout the transition as the company conducts a search for his successor. He will continue to report to Finish Line president and chief merchandising officer Sam Sato. The e-Commerce leadership team that reports to Courtney remains in place.

A whole lot of uncertainty now hangs over Target’s April same-store sales expectations, as Walmart this week began a major advertising offensive to regain customers and restore sales at its U.S. division.

New York City -- Lexlie Wexner, 73, the CEO and founder of Limited Brands, received a 2010 pay package nearly double the year before, according to an analysis by The Associated Press. The increase came as business improved for the parent of Victoria's Secret and Bath and Body Works.

Wexner's total compensation totaled $20.1 million, up from $10.4 million in 2009, because of a hefty increase in stock and option awards and a higher performance-based bonus.

New York City -- Robert K. Futterman & Associates announced the promotions of Gary Alterman, Sal Ferrigno, Jackie Totolo and Elyse Bandel in the firm’s New York office.

Alterman has been promoted to executive VP from senior VP. Ferrigno has been promoted to VP from senior managing director. Totolo has been promoted to director from associate.  Bandel has been promoted to executive VP, marketing & communications, from senior VP, marketing & communications. 

Atlanta -- Commerce, Mich.-based LaVida Massage announced the opening of its second location in the Atlanta area.

The new 2,800-sq.-ft. center, located in Canton, Ga., is slated to open in May. The center will be owned and managed by Mike Spidel.
 

Jacksonville, Fla. -- Atlanta-based Newmark Knight Frank Capital Group said it has been retained as exclusive marketing agent for Crossroads Square, a 174,153-sq.-ft. neighborhood retail center in Jacksonville, Fla.

Anchor tenants at Crossroads Square include Floor & Décor, Office Depot, Harbor Freight Tools and Dollar General.

Tarrytown, N.Y. -- DLC Management Corp. announced that it has named two new members to its leasing team.

Fred Battisti, Jr. joined the company on Feb. 21 as a leasing representative in DLC’s Tarrytown, N.Y., headquarters. He is responsible for leasing several properties in the Midwest and Northeast regions, primarily focused on the Ohio area at this time.

Prior to joining DLC, Battisti was with The Cafaro Co. as a Commercial Leasing Representative.

Seattle -- Nordstrom opened the doors to its new store in Newark, Del., on Friday.

The 123,000-sq.-ft. store, at Christiana Mall, is the first Nordstrom store in Delaware and will offer a well-edited selection of quality, luxury and designer fashion brands for women, men and children.

"We're thrilled to be opening a store at the Christiana Mall," said Terisha Johnson, store manager. "We look forward to serving the community and providing exceptional shopping experiences for our customers."

 WEST DES MOINES, Iowa  -- Hy-Vee announced that it has enlisted the help of celebrity chef Curtis Stone to develop a series of recipes designed to bring families together for meals.

Under the exclusive agreement with Hy-Vee, Stone, who stars as an investor/mentor on NBC's "America's Next Great Restaurant." will be featured in the company's TV commercials, print ads and in-store promotional materials over the next two years, said Randy Edeker, president and COO of Hy-Vee.