Mergers & Acquisitions

Chico’s is looking to a veteran of Victoria’s Secret to help the company navigate some troubling times. The company announced that Cynthia A. Fields has been appointed to its board of directors, effective immediately. Fields was also appointed to the board's merchant committee.

On the heels of opening its Digital Innovation Labin Boston in June, CVS Health is furthering its innovation efforts with two new outside partnerships.

Peoria, Ill. -- Cullinan Properties announced the addition of Vic Pildes as senior VP of development and anchor leasing. In this role, Pildes will be responsible for development and municipal related activities for new projects, assist in the identification of new acquisition opportunities and lead anchor leasing efforts throughout Cullinan’s portfolio.

Cincinnati -- Phillips Edison & Company announced it has acquired Berry Town Center, located in Davenport, Florida, 15 miles southwest of Orlando. The grocery-anchored shopping center is 99,441 sq. ft. anchored by Publix and features retailers Leslie’s Pool Supplies, Regis, and Linksters Tap Room.

Chico’s is looking to a veteran of Victoria’s Secret to help the company navigate some troubling times.

The company announced that Cynthia A. Fields has been appointed to its board of directors, effective immediately. Fields was also appointed to the board's merchant committee.

Hussmann Corporation has acquired Commercial Refrigerator Door Company, Sarasota, Florida.

Family owned and operated since 1975, Commercial Refrigerator Door offers a full line of Styleline products, including heated and energy-free glass door and frame systems for walk-in coolers and freezers and a wide range of shelving and merchandising accessories.

A strong dollar and tumbling gas prices made Costco’s fourth quarter sales results seem weak. They weren’t and now the company plans to open 12 more clubs before year end.

eBay is turning to the former chief executive of a major specialty retailer to help provide its board of directors some guidance.

Paul Pressler, who served as president and CEO of Gap Inc. from 2002-2007, has been named to eBay’s board and will serve on the Audit Committee as well as the Corporate Governance and Nominating Committee.

Location: Plymouth Meeting, Pennsylvania

Size: 948,000 sq. ft.

Owner: PREIT

Key Tenants: Whole Foods Market, Dave & Buster’s, Redstone American Grill, P.F. Chang’s, Benihana, California Pizza Kitchen, Zoes Kitchen, American Eagle Outfitters, Charming Charlie, Express, Gymboree, H&M, J.Crew Factory, Orvis

Snellville, Ga. -- Olshan Properties announced two new retail tenants have signed leases at The Shoppes at Webb Gin in Snellville, Georgia. Orangetheory Fitness opened earlier this month and Fuzzy’s Taco Shop announced plans to open in early fall at the center.