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  • CBL announces Phase II construction start on The Forum at Grandview

    Madison, Miss. -- Chattanooga, Tenn.-based CBL & Associates Properties has announced the start of construction on Phase II of The Forum at Grandview, a community center in Madison, Miss.

    The 83,000-sq.-ft. second phase will include anchors Ulta, Homegoods, Petco and a national arts and crafts retailer, along with 14,000 sq. ft. of specialty stores. The opening of phase II is scheduled for summer 2012.

  • B&N sales get push from Nook

    NEW YORK — Barnes & Noble reported that total sales for the first quarter were $1.4 billion, a 2% increase compared with the prior year. Sales through BN.com increased 37% as compared with the prior year to $198 million, with comparable sales increasing 65%. This increase was driven by strong demand for the Nook product line, including the continued success of the Nook Color, the mid-quarter launch of the Nook Simple Touch Reader and a quadrupling of digital content sales over last year’s first quarter.

  • SRS Real Estate Partners names associate

    Dallas -- SRS Real Estate Partners has announced the hiring of Jon Switzer as an associate in the Austin/San Antonio office.

    Switzer will specialize in landlord representation, tenant representation, and be a part of the new SRS Urban team.
     

  • Inflation feeds Winn-Dixie ident-store growth

    JACKSONVILLE, Fla. — Inflationary increases, sales growth at remodeled stores and a boost from fuelperks! helped drive up Winn-Dixie's second quarter identical-store sales, while net sales dipped.

    According to Winn-Dixie's chief Peter Lynch, Winn-Dixie is riding a strong headwind into fiscal 2012 powered by a number of influencers — a marketing program that better sustains margins, its loyalty program Fuelperks!, an improved stocking system and a significant focus on improving the customer experience.

  • Payless expands partnership with Christian Siriano

    NEW YORK — Payless announced that it has expanded its partnership with designer Christian Siriano. His expanded collection will arrive Sept. 7 in 2,400 Payless stores across the United States, Canada and Puerto Rico and Payless.com.

    This seasonal collection features a range of modern looks for everyday styling with an assortment of shoes and handbags offered at more moderate, accessible prices starting at $23 an item. 

  • Marcus & Millichap announces exec promotions

    Encino, Calif. -- Marcus & Millichap Real Estate Investment Services said it has promoted Brian S. Munn to the position of VP investments in the company’s Atlanta office.  Most recently, Munn held the position of senior associate.

    The company also announced that it has promoted Kyle B. Matthews to the position of VP investments in its Encino, Calif., office. Most recently, Matthews held the position of associate VP investments.
     
     

  • New promotions announced at Books-A-Million

    BIRMINGHAM, Ala. — Books-A-Million announced that it has promoted Terrance Finley, formerly EVP/chief merchandising officer to president and COO of the company, effective immediately. Finley has served in his previous role since August 2009 and in various other capacities in the merchandising department since joining the company in 1992. Finley was appointed to the board of directors of Hibbett Sports Inc. in March 2008.

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