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Mergers & Acquisitions

  • Jewel-Osco president Emmons to exit

    Jewel-Osco president William Emmons is retiring less than a year after taking the helm at the grocery chain, which is now part of New Albertsons Inc., according to a Chicago Tribune report.

  • Moe’s Southwest Grill enters California market

    Atlanta — Moe’s Southwest Grill has signed a deal to bring 18 new restaurants to Sacramento and Santa Cruz over the next seven years. This is the franchiser’s first push into California.

    HKM II is the franchise group behind the California expansion. HKM II owns 42 quick-serve burger restaurants throughout Northern California, Southern Nevada and Arizona.

  • Lifetime Brands acquires Kitchen Craft

    Lifetime Brands, manufacturers of brands such as Farberware, KitchenAid and Guy Fieri, has acquired Thomas Plant (Birmingham) Limited.

  • Sears Canada taps IBM for outsourcing; will lay off 1,345 associates

    New York -- Sears Canada Inc. has entered into an arrangement with IBM to have the supplier take over the work currently performed at three internal Sears customer contact centers. The outsourcing move will take place over the next nine months and affect 1,345 employees.

  • Jewel-Osco president to retire

    CHICAGO — Jewel-Osco president William Emmons is retiring less than a year after taking the helm at the grocery chain, which is now part of New Albertsons Inc., according to a Chicago Tribute report.

  • eBay Enterprise president Saridakis exits

    Chris Saridakis, president of eBay Enterprise, a division of eBay, has resigned for personal reasons, according to the company.

    An external search will be conducted for a successor, the company said. Until the search is completed, Tobias Hartmann, VP, omnichannel operations and international, will serve as the company’s interim head.

    Saridakis had served as president of eBay Enterprise since June 2011, following the company’s acquisition of GSI Commerce (renamed eBay Enterprise in 2013), where he was part of that company’s management team.

  • Nordstrom to open at Toronto Eaton Centre

    Seattle -- Nordstrom plans to open a full-line store in the heart of downtown Toronto, at Toronto Eaton Centre.

    Construction of the approximately 213,000-sq.-ft., three-level store is set to begin in March 2014, with the store opening slated for fall 2016. Toronto Eaton Centre is owned and managed by The Cadillac Fairview Corp. Ltd.

  • CBRE to manage properties for Carlson

    Los Angeles — The CBRE Group has signed a multi-year contract with Carlson to provide project management for select locations in the United States including the company’s world headquarters. Carlson is a family-owned, global hospitality and travel industry company with more than 1,300 hotels in operation and development and more than 900 restaurants worldwide.

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