Strategy

New York -- Fashion Outlets of Chicago, a new mall due to open in August near O'Hare International Airport, on Tuesday announced its tenant list.

The two-level, 530,000-sq.-ft. center will be anchored by a Bloomingdale's outlet, Last Call by Neiman Marcus, Saks Fifth Avenue Off 5th and Forever 21.

New York -- Despite rumors to the contrary, Publix is not interested in acquiring Harris Teeter, according to The Ledger.

Publix is in the midst of its first expansion into North Carolina, with plans to open two stores in the Charlotte area in 2014.

Officials with Harris Teeter recently confirmed that the 208-store chain will consider offers from potential buyers.

Denton, Texas -- Sally Beauty Holdings announced that its board has approved a new share repurchase program authorizing the company to repurchase up to $700 million of its common stock. The announcement is the first repurchase authorized by the company in 2013, but the third in the last 12 months.

New York -- Vornado Realty Trust is selling 10 million shares of J.C. Penney Co. in an unregistered secondary transaction, according to reports by CNBC and other media outlets.

Deutsche Bank is shopping around the sale of the Vornado shares, according to the report.

Vornado is Penney’s third-largest shareholder controlling some 8.5% of the company. Vornado chairman Steven Roth sits on the company's board.

King Of Prussia, Pa. -- GSI Commerce, an eBay Inc. company, said it has extended its contract with PetSmart to support the retailer’s omnichannel strategy with webstore, fulfillment and customer service solutions. GSI has worked with PetSmart since 2007, and this contract will extend the relationship for three years.
   

Boston -- City Sports today announced plans for two new stores, including its largest store to date, in New York City’s financial district. Slated to open at the end of March, the bi-level, 10,500-sq.-ft. space will feature an open floor plan and many other details that nod to the building's origins as a bank. The store will be City Sports' third location in NYC.

In addition, the chain announced a new location for its Chestnut Hill, Mass., store, set for a March 16 opening to coincide with the brand's 30th anniversary.

Walmart Foundation president Sylvia Mathews Burwell will be named director of President Barack Obama’s Office of Management and Budget during a ceremony at the White House scheduled for Monday morning.

Obama announced his intent to appointment Burwell several months ago, but the nomination on Monday makes it official and paves the way for Senate confirmation hearings to begin.

Wal-Mart Stores, Inc., president and CEO Mike Duke said Burwell would do a tremendous job serving the county if she is confirmed by the Senate.

CHICAGO — KitchenAid has announced plans to introduce the first line of non-licensed cookware, bakeware and kettles in its nearly 100-year history. KitchenAid had previously offered these products through a licensing arrangement.

"These newest KitchenAid products look, feel and perform like those that built our reputation as a brand," said Michael Huie, global business unit director for KitchenAid.

THOROFARE, N.J. — Checkpoint Systems, a provider of shrink protection solutions, has named Marc Giles to its board of directors, effective immediately.

Giles spent most of his career with industrial technology companies beginning in sales and marketing before expanding into management positions of increasing responsibility and global reach. In 2000, he was recruited by Gerber Scientific, Inc. to serve as president of its Gerber Technology division.

DALLAS — Tuesday Morning has named former Michaels Stores president and CEO, Michael Rouleau as its interim CEO.

In his role as interim CEO, Rouleau will manage the company's day-to-day operations through the retention of a new CEO. He will continue to serve on the company's board of directors, which he joined in November 2012.