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  • Roy Perez-Daple joins Metro Commercial Real Estate

    Conshohocken, Pa. -- Metro Commercial Real Estate said Monday that Roy Perez-Daple has joined the company, where he will expand the firm’s national retailer advisory services as well as pursue strategic landlord opportunities.

  • Marcus & Millichap announces promotion

    Dallas -- Marcus & Millichap Real Estate Investment Services said it has named Jason S. Vitorino senior director of the firm’s National Retail Group in Dallas.

    Vitorino joined Marcus & Millichap’s sales intern program in September 2003. He became an agent in April 2004. During his career, Vitorino has closed more than 200 transactions valued at over $660 million, according to the company.
     

  • CVS Caremark names interim retail leaders

    Woonsocket, R.I. -- CVS Caremark said Tuesday that it has appointed its two highest ranking retail executives to jointly lead the company’s CVS/pharmacy business, effectively immediately.

    Mike Bloom, executive VP merchandising and supply chain, and Scott Baker, executive VP internal operations and real estate, will jointly manage the chain’s retail business until CVS completes its search for a new president.

  • Driving merger and acquisition successes in 2011

    By George F. Brown, Jr., [email protected]

    The increased pace of merger and acquisition activity late in 2010, including some huge deals, suggests that 2011 will be an active year. Low interest rates, significant cash on many firms’ balance sheets, and stock prices that are low enough to attract buyers but high enough to move sellers off the sidelines all reinforce that possibility.

  • Family Dollar names SVP apparel, home and seasonal

    MATTHEWS, N.C. -- Family Dollar Stores announced that it has named Paul White to the position of SVP apparel, home and seasonal.  White will report to Dorlisa Flur, EVP and chief merchandising officer.

  • Albert Heijn, innovative Ahold leader, dies at 83

    AMSTERDAM — Former Ahold senior executive Albert Heijn, who helped lead the overhaul of the Dutch-based supermarket giant in the 1960s and 1970s, died peacefully last week at his home in the United Kingdom, the company announced. He was 83.

  • Long-time retail, marketing exec named to Motorola board

    LIBERTYVILLE, Ill.  -- Motorola Mobility Holdings has announced the appointment of Jeanne Jackson, president of direct-to-consumer for Nike, to the company's board of directors effective immediately.

    "We are pleased to welcome Jeanne to our board and look forward to benefiting from her extensive retail industry knowledge and experience," said Sanjay Jha, chairman and CEO of Motorola Mobility. "Jeanne's background and insight will prove invaluable to Motorola Mobility as we continue to position the company for future growth and success."

  • Walgreens names chief customer experience officer, promotes three executives

    DEERFIELD, Ill. — Walgreens announced several executive appointments Monday, which included naming a former United Airlines executive to the post of chief customer experience officer.

  • South Africa’s Massmart approves Wal-Mart bid

    New York City -- The shareholders of South African Massmart chain have overwhelmingly accepted Wal-Mart's offer to buy 51% of their company, the chief executive said Monday, paving the way for Wal-Mart to enter Africa.

    Massmart said the proposal was approved by 97% of shareholders who voted Monday -- 75% approval had been needed. Wal-Mart offered 148 rand (about $20) per share in a 17 billion rand (about $2 billion) deal.

    The deal will have to be approved by South Africa's anti-monopoly regulators.

  • Union rabble rousing precedes Massmart vote

    Dow Jones this morning reported that South African retailer and Walmart takeover target Massmart Holdings has given assurances it will continue to honor all agreements with labor unions and local labor laws if the buyout goes through. That’s what Walmart and Massmart have been saying since the deal was announced last year but they have to keep saying it because union activists are everywhere in the world.

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