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Strategy

  • Cullinan appoints new property manager

    Peoria, Ill. — Cullinan Properties has appointed Robey R. Taylor as property manager at the Streets of St. Charles in St. Charles, Mo.

    Taylor brings 20 years of experience in property management — both in retail and office — in the St. Louis market to the post.

  • Sears may spin off Lands’ End and Auto Center; sells five Canada stores

    Hoffman Estates, Ill. – As part of a wide-ranging strategic review of its business, Sears Holdings Corp. is considering spinning off its Lands’ End and Sears Auto Center brands. The company’s Sears Canada subsidiary has also sold five Canadian store leases to Cadillac Fairview Corporation Limited for about $383.4 million.

  • Dunkin’ Donuts plans nine new stores in Reno

    Canton, Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with new franchise group, HT2 Franchising, LLC, to develop nine new restaurants throughout Reno, Nev. The first restaurant is expected to open in 2015 and the remainder by 2020.

    With this agreement, Dunkin' Donuts franchise opportunities are sold out in Reno, but opportunities exist to grow the brand throughout the West in Colorado and California.

  • Sears conducting wide-ranging strategic view of business

    Sears Holdings is considering spinning off its Lands’ End and Sears Auto Center brands as part of a wide-ranging strategic review of its business. The company’s Sears Canada subsidiary has also sold five Canadian store leases to Cadillac Fairview Corporation Limited for about $383.4 million.

  • Wal-Mart kicks off holiday with employee promotions

    Bentonville, Ark. – Gearing up for the holidays, Wal-Mart announced that it expects to promote more than 160,000 associates to jobs with higher pay and more responsibility this year, including 25,000 promotions during its fourth quarter.

  • Pet supply company OurPet’s sees record third quarter results

    OurPet's Company, a leading proprietary pet supply company, saw sales in its grocery, mass retail and pet specialty channels grow substantially in the third quarter ended Sept. 30, compared to the same period last year.

    The company’s sales were also complemented by higher international sales, which were up more than 42% from the same quarter a year ago.

  • American Girl to expand to Canada via in-store boutiques

    Middletown, Wis. -- American Girl, a division of Mattel, announced its first expansion outside the United States, with plans to open two experiential in-store boutiques in partnership with Indigo Books & Music Inc., Canada’s largest book, gift, and specialty retailer.

    Opening in spring 2014, the new American Girl retail stores will be located in Indigo’s Yorkdale Shopping Centre, Toronto, and Robson Street, Vancouver.

  • Golf Galaxy opening two interactive locations

    Pittsburgh — Golf Galaxy has announced the opening of two interactive retail locations. The new stores include the second Golf Galaxy in Missouri and the chain’s second location in Nevada.

    A 32,000-sq.-ft. interactive store will open November 1 at the Chesterfield Commons in Chesterfield, Mo.

    A 29,000-sq.-ft. interactive Golf Galaxy will open Nov. 1 in the Stephanie Street Power Center in Henderson, Nev.

    As of Aug. 3, the retailer operated 81 Golf Galaxy stores in 30 states and e-commerce websites.

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