Strategy

Alameda, Calif. — Bagel Street Café and The Best Lil’ Porkhouse have signed into South Shore Center on the waterfront in Alameda, Calif. Jamestown, a national real estate investment and management firm, owns the center.

Bagel Street Café has signed a 10-year lease for 2,323 sq. ft. and plans to open this summer. SRS Real Estate Partners represented Bagel Street.

The Best Lil’ Porkhouse signed a 10-year lease for 3,639 sq. ft.

Mumbai, India – Leading Indian political party Bharatiya Janata Party (BJP) said in its official election manifesto that it will ban all foreign direct investment into the Indian supermarket sector if it wins a majority stake in the upcoming parliamentary election. BJP is widely expected to take majority control of parliament and the prime minister seat in India’s May 2014 elections.

Hormel Foods Corporation recently awarded 90 suppliers with a 2013 Spirit of Excellence Award for their roles in the company’s continuous improvement process throughout the last year. These suppliers are from a variety of areas, including contractors, pork procurement, provisions, ingredients, packaging and transportation.

Foothill Ranch, Calif. -- The Wet Seal announced that Kathy Bronstein resigned from its board of directors, effective April 4.

Lynda Davey, The Wet Seal’s non-executive chairman, stated: “Kathy has been a valued member of the board of directors and we appreciate the contributions she made to the company, both as a board member and during her earlier tenure as CEO.”

Gouverneur, N.Y. -- Kinney Drug Inc. has decided to change its name to KPH Healthcare Services. The new name is designed to more accurately reflect the makeup of Kinney’s diverse range of pharmacy-related healthcare services, the company said.

“We believe that the name change will afford each of our divisions the best opportunity to grow business within existing markets, as well as position them for expansion into new markets,” the company said in a statement sent to Drug Store News.

New York -- Coldwater Creek Inc. is planning to liquidate its assets after a bankruptcy filing that is expected to come soon, Bloomberg News reported. The filing would come five months after the specialty women's apparel retailer, which is based in Sandpoint, Idaho, said it was exploring strategic alternatives, including a sale.

Friendswood, Texas — The 1.2-million-sq.-ft. Baybrook Mall in Houston is getting another 550,000 sq. ft. The mall owner, General Growth Properties, and the landowner, a CDC Houston-managed entity, have formed a joint venture to carry out he project. Work will begin in early May and completed by the 2015 holiday season.

Former Dell and Best Buy executive William Hutchinson is joining Sears Holdings at SVP and president of supply chain.

Hutchinson spent seven years with Dell and most recently served as vp of global fulfillment and logistics for the Round Rock, Texas-based company. In his new role Hutchinson will be accountable for all aspects of the company's supply chain, including distribution, transportation, customs compliance and global sourcing. He is filling a role previously held by Raj Penkar, who will retire from the company on May 31.