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Strategy

  • Shoe Carnival names retail vet as senior VP of real estate

    Shoe Carnival tapped Jeff Fink as senior VP real estate, effective Oct. 12. He will oversee the company’s store site selection and lease administration functions.

    Fink joins Shoe Carnival with over 27 years of experience in the real estate industry focusing on footwear and specialty retail. Most recently, he worked for La-Z-Boy, as VP of real estate.

    From 2003 to 2014, Fink worked for Jo-Ann Stores as senior VP, real estate and lease administration where he oversaw the addition of 366 stores totaling 2.8 million retail sq. ft.

  • Report: Whole Foods Market invests in sandwich chain

    Whole Foods Market has made a minority investment in a fast-growing California restaurant chain, according to Nation's Restaurant News.

    As part of the deal, Whole Foods plans to test the opening of Mendocino Farms outlets in select Whole Foods store locations, the report said.

  • Another retailer takes a stand on turkey day

    GameStop is joining Staples in what could be new trend this year of retailers just saying no to opening on Thanksgiving Day.

    GameStop announced Monday that its stores will be closed for the Thanksgiving holiday. GameStop’s other brands such as Spring Mobile, Simply Mac, Cricket Wireless stores, and the new ThinkGeek retail store will also be closed on Thanksgiving Day.

  • Wakefern puts three execs in new roles

    From left: Paul Gotthelf, Bob Rohlander and Roger Savoia

    Wakefern Food Corp. announced Monday that it had promoted three of its executives to new leadership roles.

  • Irvine Company in groundbreaking energy initiative

    Irvine Company is making history as the first major real estate company in the world to plan portfolio-wide use of energy storage.

    The Irvine Company on Monday announced an initiative to become the world's first major real estate company to create a fleet of hybrid-electric buildings powered by state-of-the-art energy storage systems from Tesla Energy.

    The company recently signed a memorandum of understanding for the ground-breaking environmental initiative with San Francisco-based Advanced Microgrid Solutions (AMS).

  • New store concept targeting Latinos has big plans

    The two executives behind Curacao, a Los Angeles-based department store chain targeting Hispanics, have left the company to start a new retail brand called Star World.

  • Ross rolls on, next stop 2,000 stores

    Leading off price retailer Ross Dress for Less has made good on its 2015 growth plans and reaffirmed its long-range targets for existing and newer formats.

    On Monday, the company announced the opening of 19 Ross stores and seven dd’s Discounts stores across 14 different states in September and October. The new locations complete the retailer’s 2015 expansion plans to add a total of 90 stores during the year.

  • Staples-Office Depot deal is delayed again

    Staples and Office Depot have agreed to a Federal Trade Commission decision to extend the review period for a possible $6.3 billion merger of the two companies.

    The companies announced Monday that the FTC has agreed to issue its decision regarding this transaction by Dec. 8.

  • Beyond the low-hanging fruit: What’s next for retail energy and sustainability?

    If you were to read an article about leaders in savvy energy and sustainability management programs and initiatives, who do you think that would be? Government? Manufacturing? Actually, it’s the retail industry, which has been a leader in energy efficiency investments since 2008.

  • Restoration Hardware furnished for growth

    Restoration Hardware has opened a new format that redefines the retail experience and has CEO Gary Friedman calling it the company’s finest work to date.

    The retailer says its new brand,  RH Modern, aims to offer one of the most fully-integrated assortments of modern furnishings, lighting and décor under one brand in the world. The multi-channel business  debuts with its own 540-page magazine-catalog hybrid, a dedicated website, and a significant retail presence, including a standalone RH Modern store.

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