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Brixmor Property Group signs new Leases at Westminster City Center
Westminster, Colo. -- Brixmor Property Group, owner and operator of the largest wholly owned U.S. portfolio of grocery-anchored shopping centers, has leased more than 97,000 sq. ft. of retail space to five national retailers at Westminster City Center in Westminster, Colorado.
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Tesco CEO to be replaced by Unilever exec
New York -- British retailing giant Tesco Plc on Monday said CEO Philip Clarke would step down in October, to be replaced by 27-year Unilever executive Dave Lewis, with the change effective Oct. 1. Clarke, who has been with Tesco for 40 years, will remain with the retailer until January 2015.
Also on Monday, Tesco said recent sales had been more challenging than anticipated and its profit in the first half of its financial year would be below expectations. It was the second profit warning issued since Clarke took the reins of the company in March 2011.
