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Strategy

  • Dick’s, Corner Bakery to open at Shops at La Palmera

    Fort Worth, Texas -- Trademark Property Co. said Tuesday that Dick’s Sporting Goods and Corner Bakery Café will open this year at The Shops at La Palmera in Corpus Christi, Texas. The 61,233-sq.-ft. Dick’s store will anchor the 200,000-sq.-ft. redeveloped and rebranded center, located across from La Palmera mall. Construction on Dick’s is set to begin in February with opening slated for fall 2013.

    Scheduled to open in May is a 4,166-sq.-ft. Corner Bakery Café, adding to its 140 locations across the country.

  • Aeropostale president to retire in March

    NEW YORK — Michael Cunningham, Aeropostale president, is retiring effective March 29, the company announced Tuesday. 

  • Cogent Group acquires the fee interest in 15 North Carolina KFC properties

    Dallas -- Real estate investment firm The Cogent Group said Tuesday that it has acquired 15 KFC properties in North Carolina. The properties are leased to a franchisee.
     
    The 15 units are located in prime retail corridors in the North Carolina Triad market consisting of Greensboro, Winston Salem, and High Point, with above average unit sales. The properties are subject to long-term triple net leases having an initial term of 20 years, plus renewal options.
     

  • Credit card group takes swipe at NRF

    WASHINGTON — The National Retail Federation has been outspoken in its criticism of credit card fees and now a group called the Electronic Payments Coalition that represents credit unions,banks and payment card networks is firing back, claiming that the retail lobby is making false statements regarding checkout fees.

  • Winmark launches Style Encore resale brand

    Minneapolis -- Winmark Corp. announced today that the name of its recently launched women's resale brand will be Style Encore. The company also announced that Susan Baustian, formerly the company's brand director for its children's resale franchise Once Upon A Child has been named as the brand director for Style Encore.

  • Merchandising solutions provider names new CFO

    ATLANTA — Predictix, a provider of merchandising and supply chain solutions for retailers, has named Bradley White as its new CFO. White is a proven financial executive and joins Predictix with more than 15 years’ experience in treasury, finance, accounting, public company reporting, employee management, strategic planning and tax compliance in diverse global businesses and industries.  This comes after the recent appointment of John Simon as Predictix’ new CEO.

  • President of Aeropostale to retire

    New York -- Aeropostale announced the retirement of president Michael Cunningham, effective March 29. He will remain on the board of directors.

  • Bebe steps out with Aldo

    BRISBANE, Calif. — Specialty apparel retailer,Bebe,has entered into a strategic global licensing agreement with Aldo to design, manufacture and distribute Bebe’s footwear.

    The upcoming collection will include a full range of lifestyle categories including: sandals, closed-toe shoes, heels, flats, booties and boots, among other styles, with a median retail price of $129.00. The footwear collection will mirror bebe’s feminine aesthetic: playful, sexy, sophisticated, modern and on-trend.

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