Mergers & Acquisitions

There will be a change at the top of lifestyle apparel retailer Tommy Bahama.

A new event for retailers and consumer package goods executives is taking shape called Shoptalk and the successful entrepreneurs behind its creation have big plans and funding to make it happen.

One of the strongest performing retailers in the past few years will be getting a new CEO in January.

The company announced that current CEO and Chairman Carol Meyrowitz will step down and be succeeded by Ernie Herrman, 54, who will retain his current title as president of the company.

There will be a change at the top of lifestyle apparel retailer Tommy Bahama.

The company announced that Terry R. Pillow will retire as CEO of Tommy Bahama Group on January 30, 2016, the end of the company's fiscal year. He will be succeeded by Douglas B. Wood, Tommy Bahama's current president and COO.

Charlotte, N.C. -- EDENS announced that J.Crew Mercantile will be joining Park Road Shopping Center located in Charlotte, North Carolina. This location will be the first in the Charlotte market and is expected to open in early 2016.

J.Crew launched J.Crew Mercantile earlier this year, featuring a collection of value-driven merchandise with the brand's classic signature style.

New York -- Brixmor Property Group announced commercial real estate professional Mark Salma has joined the company as VP of redevelopment. In his role, Salma will focus on Brixmor’s anchor space repositioning projects in the North region with the goal of driving higher sales, traffic and small shop leasing at the property level.

Gelson's Markets is joining Smart & Final on the acquisition of some Haggen properties in Southern California.

Gelson's, a regional supermarket chain operating in Southern California, announced it is bidding on eight Haggen locations across five counties: Los Angeles County (Santa Monica); Orange County (Laguna Beach, Ladera Ranch); Riverside County (Rancho Mirage); San Diego County (Carlsbad, Del Mar, Pacific Beach); and Ventura County (Thousand Oaks).

Global management consultancy Kurt Salmon is acquiring digital retail technology agency Mobispoke LLC, the engine behind such technologies as smart fitting rooms, integrated mobile apps and other leading-edge, interactive shopping experience technologies.

Following the acquisition, Mobispoke will rebrand as Kurt Salmon Digital and will operate as a wholly owned subsidiary of Kurt Salmon.

Tanger Factory Outlet Centers has closed on the sale of five non-core outlet centers for a total cash sales price of $150.7 million.

The five properties sold are located in Barstow, California; Kittery, Maine (two properties); Tuscola, Illinois; and West Branch, Michigan.

A.R.E. (Association for Retail Environments) and POPAI (Point of Purchase Advertising International) have merged. The new association, which will be renamed in the coming months, creates one industry association representing all of the companies that provide end –‐to –‐end products and services for retail store environments and customer experiences.