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  • Woolbright names accounting exec

    Boca Raton, Fla. -- Woolbright Development announced that it has appointed Geoff Higginbotham as director of accounting.

    Higginbotham is responsible for the monthly, quarterly and annual financial reporting for the company’s wholly owned assets and partnerships. He was previously corporate controller for Turnberry Associates in Aventura, Fla.

  • New Walgreens to open on Ossining, N.Y.

    Ossining, N.Y. -- Tarrytown, N.Y.-based Infill Development, LLC, affiliate of DLC Management Corp., announced the groundbreaking of a new development project in Ossining, N.Y. A stand-alone Walgreens will be constructed on the site of a former strip center, a New York State Brownfields site which is scheduled to undergo demolition shortly.

    The new 9,483-sq.-ft. Walgreens store is slated to open in the fourth quarter of 2011.

  • StarKist appoints new CEO

    PITTSBURGH — A new leader has been named for a maker of shelf-stable seafood products.

    StarKist named In-Soo Cho as president and CEO of the company. Prior to joining StarKist, Cho was the principal of his own consulting firm, Insight & Strategy, with a focus on consumer goods and the restaurant industry.

    Cho will assume his new office on March 1.

  • AutoZone powers through difficult economy

    MEMPHIS, Tenn. -- The nation’s largest automotive parts retailer announced another quarter of record results in which earnings per share advanced nearly 36% to $3.34 on same-store sales that grew 7.1% for the quarter ended Feb.12.

  • Achieving customer centricity in multichannel commerce

    By Akhilesh Srivastava, [email protected]
    According to NRF Retail Horizons Benchmark Report, two key initiatives to keep retailers competitive in 2010 were optimization and streamlining of their internal operations to reduce operating costs and improving their customer centricity to win the share of wallet.

  • Seed Kitchen & Bar to open at Merchant’s Walk

    Atlanta -- Columbia, S.C.-based Edens & Avant said that Seed Kitchen & Bar will open at its Merchant’s Walk retail redevelopment, located in the East Cobb area of Atlanta.

  • Stater Bros. chief honored for patriotism

    SAN BERNARDINO, Calif. -- Stater Bros. chairman and CEO Jack Brown has joined the likes of Bob Hope, Will Rogers and Ronal Reagan as a recipient of the prestigious Patriot Award, the company announced. 

    The Congressional Medal of Honor Society presented Brown with the award on Feb. 26 at the Ronald Reagan Presidential Library in Simi Valley, Calif., where 45 Medal of Honor recipients and other notable guests were gathered, the company reported.

  • Pet chain fetches solid sales

    Profits at the nation’s largest pet specialty chain surged 26% during the fourth quarter as same-store sales advanced 6.3% and total sales grew 8.1% to $1.5 billion.

    “Our third consecutive quarter of accelerating comparable transactions growth as well as a strong holiday performance led to better-than-expected results for the quarter,” said PetSmart president and CEO Bob Moran.

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