Strategy

Chicago — Jones Lang LaSalle has announced that the firm has been retained to manage Shops Around Lenox, a 124,409-sq.-ft. open-air center off Peachtree Road in the Buckhead area of Atlanta. The property’s tenant mix includes Crate & Barrel, Lululemon Athletica, Swank, Deka, Ona Atlanta, Paper Source, Suit Supply, Seven Lamps and Bhojanic.

Target plans to carry on its Canadian expansion this year with nine additional stores, the majority of which will open in Ontario, although the retailer plans to open single stores in Quebec, Manitoba, Alberta and B.C.

Minneapolis – Target has won a case against non-profit group Canvass for a Cause in the Superior Court of the State of California, San Diego. Target sought and received the right to prohibit groups or individuals from using its property for expressive activity, as well as a judgment for trespass alleging that Canvass for a Cause and individuals associated with it have come onto Target property without authorization to do so and have refused to leave.

The Woodlands, Texas -- Conn’s announced the opening of four Conn’s HomePlus stores, with locations in Albuquerque, N.M.; Amarillo, Texas; Chandler, Arizona; and Shreveport, Louisiana.

The new HomePlus store format showcases furniture and mattresses in addition to the leading brands and the latest technologies in consumer electronics and home appliances.  

New York -- Testifying Wednesday before the Senate Judiciary Committee, U.S. Attorney General Eric Holder confirmed that the Justice Department is investigating the consumer data breach at Target Corp.

"While we generally do not discuss specific matters under investigation, I can confirm the Department is investigating the breach involving the U.S. retailer, Target," Holder said in his statement to senators,.”

Retailer and CPG companies’ usage of Facebook to engage with customers helped propel the 10-year-old social media platform to record levels of usage, sales and profitability in the fourth quarter.

Facebook said its daily active users increased 22% to 757 million while mobile daily active users increased 49% to 556 million. Those who used Facebook on a monthly basis increased 16% to 1.23 billion and those who did so monthly via a mobile device totaled 945 million.

New Orleans — Smoothie King Franchises has announced that it is targeting Atlanta for franchise expansion. The company, which will unveil its new store design next month in South Florida, plans to open 25 new locations in the Atlanta region over the next five years.

Los Angeles — CBRE Group has promoted Curt Grantham to president, global corporate services, Americas. In his new post, Grantham will oversee client management and account operations as well as all GCS regional leadership in the Americas. He will report to Jim Wilson, global chief operating officer, GCS, CBRE.

In his new position, Grantham will join CBRE’s Americas operations management board. He will continue to serve on CBRE’s GCS executive committee.