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  • Jones Lang LaSalle makes southeast leasing hires

    Atlanta -- Jones Lang LaSalle announced Wednesday two new hires in the Southeast Region.

    Andrea Kenney and John Lambert have joined the firm to provide strategic planning and evaluation of the positioning, merchandising and development of shopping centers as owners continue to look for ways to enhance their real estate operations and maximize tenancy.

  • Aarons invests in U.K. retailer

    Atlanta -- Aaron's announced that it has reached an agreement to purchase 11.5% of Perfect Home Holdings Limited, a privately-held U.K. rent-to-own company, which operates under the PerfectHome brand.

    PerfectHome currently has 45 stores open throughout England and has plans to approximately double the number of stores over the next several years.

  • Brixmor names senior leasing and redevelopment executive

    New York City -- Brixmor Property Group announced Tuesday a series of corporate and regional enhancements to its leasing and redevelopment capabilities as it re-focuses on growing portfolio occupancy, strengthening retailer relationships and ramping-up redevelopment efforts.

    Timothy J. Bruce has been appointed executive VP, leasing and redevelopment and as a member of the company’s Management Committee.  

  • Saks to close downtown Pittsburgh store

    New York City -- Saks Fifth Avenue will close its store in downtown Pittsburgh in 2012, the Pittsburgh Tribune-Review reported. The news follows negotiations between the retailer, the store’s landlord and city officials over funding for renovations to the building.

  • HanesBrands announces new CFO, other executive appointments

    WINSTON-SALEM, N.C. — HanesBrands announced that it has promoted Richard Moss to chief financial officer effective immediately.

    Moss, 53, who has served as the company’s treasurer since January 2006, was chosen to fill the open CFO position after an extensive review of internal and external candidates, HanesBrands reported. Moss will oversee the company’s global finance, investor relations and corporate development functions.

  • Pricing parity at hand in latest survey

    The pricing gap between Target and Walmart narrowed last month to a scant 1.7% as Walmart took prices up slightly during August while Target did the opposite, according to a monthly survey by the retail research team at Credit Suisse.

  • MinuteClinic opens walk-in medical clinics in CVS toward 500-unit goal

    Woonsocket, R.I. -- MinuteClinic said Tuesday that it has opened two walk-in medical clinics inside CVS/pharmacy stores in Savannah and Richmond Hill, Ga.

    They are the first retail medical clinics to open in the Savannah region and join 31 other MinuteClinic locations in Georgia situated throughout the Atlanta metropolitan area.

  • First Lady has another reason to shop at Target

    The Associated Press reported last week that First Lady Michelle Obama was sighted shopping incognito at a D.C. area Target store wearing a baseball cap and sunglasses. Secret Service agents arrived about a half-hour before Mrs. Obama, who walked in through the main entrance with an assistant and spent 30 to 40 minutes shopping and pushing her own cart, according to AP.

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