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  • Trademark appoints Toppel executive VP

    Fort Worth, Texas – Trademark Property Co. has named Steven W. Toppel to the post of executive VP. Toppel will begin his new role June 3.
     
    With more than 28 years of experience in commercial real estate, Toppel will oversee leasing for Trademark’s portfolio of lifestyle centers, malls, and mixed-use developments.

  • Express to enter South Africa

    Columbus, Ohio – A subsidiary of Express Inc. has entered into a franchise agreement with Edcon Group, a retail franchise operator in South Africa, to bring the Express brand to South Africa. The Express brand is expected to launch as a store-in-store concept at select Edgars department stores by the end of 2014 with standalone Express store locations to open in 2015.

    Express has identified international expansion as one of the company's four pillars of growth and a significant long-term revenue opportunity for the company.

  • Consumer spending dips 0.1% in April

    Washington, D.C. – U.S. consumer spending fell by $8.1 billion, or 0.1%, in April 2014. It was the first monthly decline in consumer spending since April 2013 and followed a 1% increase of $117.6 billion the previous month.

  • CMOs chart new direction at GRMA event

    Thought-provoking presentations and forward-looking exchanges dominated the annual gathering of the Global Retail Marketing Association’s (GMRA) Executive Leadership Forum at the Don Cesar resort on St. Petersburg Beach, Fla.
     

  • Express to close 50 stores following weak first quarter

    Express plans to close approximately 50 stores during the next 36 months, primarily at the end of their leases, following a weaker-than-expected first quarter.

    The company’s profit dropped to $5.08 million, from $32.4 million a year earlier. Sales decreased to $460.7 million, from $509.4 million, while Same-store sales fell 11%.

  • Fairway and Google tackle same-day delivery

    Same-store sales declined again last year at Fairway Market and the company reported a record loss, but a new same-day delivery initiative with Google Express in Manhattan offers potential for omnichannel growth.
     

  • Broader expands her role at Walmart International

    Walmart Canada president and CEO Shelley Broader’s responsibilities have been significantly expanded to include oversight of Europe and Africa.

    Broader was named EVP, president and CEO of Walmart EMEA, a region Walmart defines as including Canada, Europe, the Middle East and Sub-Saharan Africa.

  • Pure Leaf Iced Tea expands partnership with TV personality Gail Simmons

    Pure Leaf Iced Tea, a product from the Pepsi Lipton Tea partnership, is expanding its partnership with television personality Gail Simmons to support the brand's "Share the Love of Leaves" program.

    Fans of the beverage can pitch in to make a difference in their communities, and up to $150,000 will be donated to Wholesome Wave, a nonprofit that focuses on making fresh and healthy food affordable and accessible to all people.

  • Macy’s to anchor new mall in Hawaii

    Cincinnati -- Macy’s announced an agreement for Macy’s to anchor the new Ka Makana Ali‘i in Kapolei in West O‘ahu, Hawaii. Current plans call for the 103,000-sq.-ft., one-level store to open in mid-2016.

  • David’s Tea names CEO

    Montreal -- Canadian retailer David’s Tea has named Sylvain Toutant as president and CEO. He will be responsible for all operations at the company and oversee its growth in Canada, the United States and around the world. He will also serve on the board of directors.

    Most recently, Toutant was president of Keurig Canada, where he accelerated growth through a strategic alliance with Keurig Green Mountain in the United States. He also headed Keurig's operations in the United Kingdom.

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