Strategy

Atlanta -- Jones Lang LaSalle announced Monday that it has promoted Kristin Mueller to COO.

The firm also announced the establishment of new leadership roles, including the promotion of John Bemis and Geno Coradini to Retail Market Lead in Atlanta/Southeast and Dallas/Southwest, respectively.

NEW YORK — The breakup of Supervalu to private equity firm Cerberus Capital Management could be announced as soon as Thursday when Supervalu shares third-quarter results with analysts, according to a report in the Wall Street Journal published Friday.

Bloomberg also reported that a deal between Cerberus and Supervalu was imminent. According to that Bloomberg report, Cerberus would lead an investment of around $500 million in equity.

New York -- Hiring by the nation’s retailers this past holiday season was at the highest level in six years despite the uncertain economy, Superstorm Sandy and the presidential election, according to an analysis of government job data by Challenger, Gray & Christmas, Chicago, a leading outplacement consultancy.

ARLINGTON, Va. — The Retail Industry Leaders Association has made changes to its top staff. Former Toys “R” Us and Babies “R” Us executive Garth Gasse has joined the association as director of retail operations, asset protection. Lisa LaBruno has been promoted to SVP for retail operations.

Austin, Texas -- Accruent, a leading provider of real estate and facilities software, announced that it has acquired Expesite, Columbus, Ohio, a provides a suite of SaaS solutions highlighted by VisionPM, its design and construction project management product.

Walter Killough will step down as CEO of the 109 unit Delia’s retail chain on April 1.

The retail said it and Killough reached a mutual agreement not to renew his employment agreement which was scheduled to expire on August 2. Plans now call for Killough to leave the company on April 1, however he may stay on longer if a replacement has not been named.

Oak Brook, Ill. -- Inland Diversified Real Estate Trust announced Monday the acquisition of a majority interest a portfolio of six grocery/home-improvement-anchored retail properties located in Las Vegas.

The properties were acquired in a joint venture between a subsidiary of Inland Diversified and affiliates of the seller Territory Inc.; the joint venture valued the portfolio at about $296 million.

Tucson, Ariz. -- Commercial Retail Advisors said that Wags To Riches Pet Grooming Salon has signed a new lease for 900 sq. ft. in Plaza Sonora and plans to relocate there in March 2013.

Wags To Riches has two pet grooming salons in the Tucson area.