Marketing

CBL & Associates Properties announced that it has closed on the disposition of Waynesville Commons, a 128,000 sq. ft. community center located in Waynesville, North Carolina. The property was purchased for $14.5 million by affiliate of Yale Realty Services Corp.

Boss Facility Services announced the addition of Keith Powers, who will focus on the addition of national accounts specifically in the preventative maintenance and R&M space for HVAC, lighting, general repair and janitorial sectors.

Powers brings a diverse sales background to his new job, having worked in varying industries, most recently serving as regional eServices/eCommerce manager for Advance Auto Parts in which he was responsible for increasing multiple revenue streams.

Thanksgiving may be over, but it is worth watching a video of how Meijer made a difference in the lives of hundreds of customers and employees ahead of the holiday and in the process earned itself immeasurable goodwill.

Online retailer Jet.com has secured an additional $350 million in funding and joined the ranks of startup unicorns whose valuation exceeds $1 billion.

In addition to the requisite comment about expecting the holidays to be highly promotional, Famous Footwear also expects the momentum it saw during back-to-school season to carry over to the fourth quarter.

Famous Footwear’s third quarter same store sales increased 4.4% and total sales increased 4.8% to $456 million, excluding the performance of the divested Shoes.com business, to represent 63% of parent company Caleres total sales of $728.6 million. Caleres is the company formerly known as Brown Shoe Company that changed its name earlier this year.

A four-year, $400 million upgrade has transformed Macy’s Herald Square flagship. But for all the modernization, there is a signature element of the store that remains as is: the Otis wooden escalators—20 in all— that have been in operation for as long as 95 years.

Retailers looking to maximize online revenues should utilize one specific digital promotional solution to create a sense of pleasure.

The CEO of Guess?