Strategy

BRISBANE, Calif. — Bebe has appointed current principal accounting officer and VP, corporate controller Liyuan Woo as its new CFO. 

Woo has been with Bebe stores since 2010. She will retain the principal accounting officer title and will be responsible for global finance, accounting, treasury, tax, compliance, planning and strategic corporate development. She will report directly to CEO Steve Birkhold.

Santa Monica, Calif. -- Beverly Hills, Calif.-based Maxxam Enterprises said that Steak ‘n Shake is entering the California market with a new restaurant on Third Street Promenade in Santa Monica.

The 4,300-sq.-ft. space is located near the intersection of the Promenade and Broadway, across the street from Santa Monica Place, the new upscale shopping mall in Downtown Santa Monica.

Steak ‘n Shake said it plans for a grand opening later this year, after completing tenant improvements to its space.

 

MATTHEWS, N.C. — Family Dollar has announced that EVP of supply chain Charles S. Gibson will leave the company to pursue other interests.

“Charlie has overseen the growth and development of our supply chain network and has been a valued part of our team,” said Howard R. Levine, chairman and CEO. “We appreciate the contributions Charlie has made to the company’s success, and we wish him all the best in his future endeavors.”

Indianapolis -- Simon Property Group announced that it has named Liz Zale as senior VP in a newly created role overseeing corporate affairs and communications, effective May 1.  

Zale's responsibilities will include supervision of Simon’s investor relations, public relations, corporate communications, and government relations functions.
 
She previously served as senior VP investor relations for Nielsen Holdings.

Former Walmart apparel merchant Dottie Mattison and Sephora head merchant Margarita Arriagada will be among those honored next week at the 35th annual Outstanding Mother Awards.

New York -- A Monday report by Bloomberg said that ex-Aeropostale executive Christopher Finazzo – convicted last week on 14 counts of  fraud against the retailer – has been order to forfeit more than $25 million.

Jurors unanimously found that Finazzo must turn over $25.79 million in cash, interest in four Calverton, N.Y., properties and as much as $300,000 from a trading account, according to the Bloomberg report, which cited a statement by Robert Nardoza, spokesman for Brooklyn U.S. Attorney Loretta Lynch.
 

Washington, D.C. -- A report released Monday by the Commerce Dept. said that March consumer spending in the U.S. advanced more than forecast – rising 0.2% after a 0.7% increase in February.

MELVILLE, N.Y. — Retail real estate industry executive Jonathon Graub has joined A&G Realty Partners, a leading commercial real estate, advisory and investment group, as principal. Graub will advise A&G Realty’s retail clients on strategic growth opportunities and assist with their real estate operations.