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  • Home Depot execs settle into roles

    It’s been a month since the announcement of Hal Lawton’s move from Home Depot to eBay, where he will head up eBay North America.

  • H&M to launch fashion for the face

    H&M is looking to tap into some of the exploding growth in the beauty industry by launching its first beauty collection.

    The retailer will launch the products this fall, with an assortment of makeup as well as hair care, body care and beauty tools. The company says the range, with an ever-evolving makeup selection, will focus on seasonal looks, ideas and colors. The products will be available in over 900 stores worldwide and online at hm.com.

  • Rebel Wilson gets a Torrid fashion line

    “Pitch Perfect” star Rebel Wilson is hot, and Torrid is leveraging that popularity by teaming up with the actress on a new fashion line.

    The plus-size fashion retailer is launching REBEL FOR TORRID, an exclusive capsule collection created with the actress, writer and comedian. The limited edition Holiday collection launches November, and will be sold in TORRID stores nationwide and worldwide on TORRID.com.

  • JLL acquires retail brokerage firm Wilson Retail Group

    Chicago -- JLL is getting a big boost to its retail business by acquiring Wilson Retail Group, an independent retail brokerage and capital markets firm in Southern California.

    The transaction will enable JLL, the nation’s largest third-party retail property manager, to provide a broader range of brokerage and investment sales services to retailers and investors in a core urban gateway. The transaction closed for an undisclosed sum.

  • Bonobos founder shifts to chairman, hires Coach exec as CEO

    New York -- Andy Dunn, the founder of the hot online menswear retailer Bonobos, is transitioning from CEO to executive chairman. Dunn, who founded the company in 2007, has named retail veteran Francine Della Badia to serve as CEO starting June 1.

    Della Badia most recently served as president of North American retail at Coach, leaving in February. She also held positions with Victoria’s Secret, J.Crew and Gap Inc.

  • Lowe’s Canada to pick up 13 Target leases, distribution center

    Toronto - Lowe's Canada has reached an agreement to acquire the leases of 13 former Target Canada locations and to purchase Target's distribution center in Milton, Ontario, for a total purchase price of about $125 million. This acquisition came as part of a real estate auction following Target's decision to cease operations in Canada.

  • Panera names Darden COO as president; McDonald’s veteran as VP

    St. Louis – Panera Bread Co. has named Drew Madsen president, effective May 11. He will report to Ron Shaich, chairman and CEO, and oversee the core café business, while Shaich focuses on strategy, growth initiatives and innovation across the company.

    Madsen served as president and COO of Darden Restaurants Inc. He also previously served as president of Darden's Olive Garden chain and was Olive Garden's executive VP of marketing prior to that.

  • Alibaba acquires 9.3% stake in Zulily

    Seattle – Chinese e-commerce company Alibaba Holding Group Ltd. has disclosed it holds a 9.3% stake in online retailer Zulily. Alibaba has purchased about 4.8 million class A shares for $56 million. This represents about 17% of Zulily’s Class A stock.

  • Children’s Place criticizes report favoring activist nominee

    Secaucus, N.J. – The Children’s Place Inc. is publicly criticizing a report from proxy advisory service Institutional Shareholder Services (ISS) recommending that shareholders elect one of two board nominees from activist investors Macellum SPV II L.P. and Barington Companies Equity Partners L.P. ISS supports election of Robert L. Mettler but recommends against electing Seth R. Johnson.

  • Fuddruckers enters Maine

    Houston – Fuddruckers is going from “Howdy” to “Ayuh.” The casual-dining chain is opening its first location in Maine on May 11 through a partnership with franchisee B&B Burgers Inc. The 3,000-sq.-ft. restaurant in Ellsworth, Maine anchors a new Tradewinds convenience store complex.

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