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Strategy

  • Ahold names new CIO

    Carlisle, Pa. -- Ahold USA announced Friday it has appointed Paul Scorza as chief information officer for the company, effective April 1.

    Scorza, a 30-year veteran of IBM, will oversee Ahold USA information management functions, with a focus on systems and business processes to improve efficiency, effectiveness, controls and operations.

    The U.S. subsidiary of Netherlands-based Royal Ahold, operates the Stop & Shop, Giant-Carlisle and Giant-Landover supermarket banners and the Peapod online grocery service.
     

  • Report: Tesco exploring options for Fresh & Easy

    New York -- British grocery giant Tesco is moving closer to selling off its U.S. Fresh & Easy division, with Tesco CEO Philip Clarke traveling to the United States next week to try and strike a deal, according to a report in the British newspaper, The Telegraph.

    Tesco has held discussions with Trader Joe’s and others about selling Fresh & Easy, but a break-up of the business is considered the most likely option, the report said. Other options include closing the business and selling off assets.

  • Burger 21 continues expansion in Florida

    Tampa, Fla. -- Burger chain Burger 21 – founded by the owners of The Melting Pot® Restaurants – announced the signing of two new multi-unit franchise agreements in Florida. Seven new restaurants will be developed over the next several years in the Fort Myers - Naples corridor, Fort Lauderdale, Coral Springs, Davie and Pembroke Pines.

    To date, Burger 21 has six restaurants open in Florida and 18 franchised locations in development along the East Coast.

  • Belk donates $19 million to charity in 2012

    CHARLOTTE, N.C. — Belk announced that the company, and its associates, customers and vendors contributed more than $19.3 million to local communities in the fiscal year ending Jan. 31. Of the total amount, Belk corporate dollars funded $6.2 million to more than 250 nonprofit organizations, with a focus on education, breast cancer research and awareness, and community strengthening.

  • Crossroads Cos. names leasing head

    Mahwah, N.J. -- Crossroad Cos. announced Thursday that it has named Carlo J. Caparruva as EVP of leasing services, charged with overseeing all leasing activities related to Crossroads’ development projects and existing portfolio, as well as third-party real estate services.

  • Saks Off 5th to open in Chandler, Ariz.

    New York -- Saks Fifth Avenue Off 5th will open its doors in Chandler, Ariz., on Thursday, April 4, 2013.

    The new 28,000-sq.-ft. store is located in Phoenix Premium Outlets, which is opening to the public that day. The new outlet center, owned and operated by Simon Property Group, is part of Wild Horse Pass, within the Gila River Indian Community, which includes hotels, a spa, casino, golf, an equestrian center, fine dining and more.

     

  • Consumer spending climbs in February

    New York -- Consumer spending increased in February by the most in five months as incomes rose and the job market improved.

    The Commerce Department said on Friday consumer spending rose 0.7% last month, after an upwardly revised increase from 0.2% to 0.4% in January.  

  • Sloan’s launches franchising program with goal of 200 U.S. locations

    Palm Beach, Fla. -- Sloan’s, an upscale ice cream, candy and baked-goods emporium, has launched a national franchising program, targeting regions in Florida, the Carolinas, Georgia, New York and New England and throughout California.

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