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  • Duane Reade unveils expanded store format

    New York City -- Duane Reade, a division of Walgreens, spotlights its “New York Living Made Easy” format on Friday with the unveiling of its expanded store located at 1657 Broadway in New York.
    The new 24-hour location reflects the chain’s focus on rebranding and aggressive transformation initiatives to date.

  • SRS Real Estate names exec

    Dallas -- SRS Real Estate Partners announced the hiring of Scott Landgraf as senior VP in the company’s Newport Beach, Calif., office.

    Prior to joining SRS, Landgraf was senior VP at Colliers International.

    Landgraf specializes in retail tenant representation and investment sales throughout southern California and the Inland Empire.
     

  • Duane Reade to unveil unique offerings at 52nd and Broadway location

    NEW YORK — Duane Reade is set to put its signature “New York Living Made Easy” vision on full display on Friday with the unveiling of its expanded store located at 1657 Broadway in New York.

    The new 24-hour location, which opened Friday, will serve as an amplification of the retailer’s continued rebranding and aggressive transformation initiatives to date.

  • Help Wanted: Walmart hiring 4.3 million

    Yes, you read that correctly. Walmart will need to hire an estimated 4.3 million people over the course of the next five years to keep pace with anticipated growth and turnover. No wonder the company is such a big supporter of an organization known as Students in Free Enterprise (SIFE), which held its Global Partner Summit in Rogers, Ark. earlier this week.

  • Rue21 opens new locations in Paris, Texas and Chickasha, Okla.

    Dallas -- Venture Commercial Real Estate said it has represented rue21 in lease negotiations for two new store locations that opened in November in Paris, Texas and Chickasha, Okla.

    The Paris store is in a 7,162-sq.-ft. space in Paris Towne Center, and the Chickasha store is located in the Southland Shopping Center.
     

  • Tiffany announces management shift

    New York -- Tiffany & Co.  announced that Stephane Lafay has been appointed to the newly-created position of group VP - Asia-Pacific Region and President - Tiffany Japan. 

    Lafay, 46, joined Tiffany in 2009 as president of Tiffany’s Japan organization. A search is underway for a managing director of Japan who will report to Lafay. 

  • CEO of Hy-Vee to retire in June

    WEST DES MOINES, Iowa — Ric Jurgens, chairman and CEO of Hy-Vee plans to retire on June 1, 2012.

    Jurgens, said he will ask the company's board to elect Randy Edeker, president and COO, to succeed him.

  • NRF boosts holiday forecast

    WASHINGTON — The National Retail Federation is putting its faith in the holidays by upgrading its spending forecast for the season.

    After initially anticipating sales growth of 2.8%, the NRF said it now expects holiday sales to rise 3.8% to $469.1 billion. The projection may be lower than the 5.2% increase the retail industry saw last year, but the group said a number of factors, such as strong year-over-year sales and the fact that not all consumers have completed their holiday shopping lists, could provide the industry with a great gift after all.

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