Skip to main content

Strategy

  • Rhaposdielle to open at Galleria Commons

    Henderson, Nev. -- New York City-based Centro Properties Group said that Rhaposdielle will open in Henderson, Nev.
           
    The new 12,544-sq.-ft. store will debut at Galleria Commons, which is owned by Centro.

  • Citadel Outlets names marketing team

    City of Commerce, Calif. -- Los Angeles outlet shopping mall Citadel Outlets has named a new marketing team.
           
    Traci Markel has been named marketing director and Simone O’Connor has been named marketing and special events manager.  The Citadel marketing team also includes Veronica Garzaro, marketing and domestic tourism manager, and Kristina Carlson, international tourism sales manager.
           

  • LaVida Massage to make Virginia debut Ashburn, Va.

    Ashburn, Va. -- Commerce, Mich.-based LaVida Massage announced it will open its first Virginia location, located at Greenway Corporate Drive, in Ashburn.
          
    The new 3,200-sq.-ft. location is slated to open in early June.

  • Edens & Avant expands NYC presence with new exec

    Columbia, S.C. -- Edens & Avant announced it has named Ed Senenman as senior VP, investments for the company.
           
    Senenman will be located in Edens & Avant’s new New York City office as the company continues to expand its NYC presence as part of an overall strategy of focusing on retail investments in major East Coast markets.
           
    Senenman was previously senior director of acquisitions for Federal Realty.

  • Carmike Theatre to open at Foothills Mall

    Maryville, Tenn. -- Chattanooga, Tenn.-based CBL & Associates Properties announced plans for a new Carmike Cinema at Foothills Mall, in Maryville, Tenn.
          
    The new theatre will feature 12 screens with state-of-the-art stadium seating and amenities.
           
    A former Belk building will be redeveloped to accommodate the 45,000-sq.-ft. cinema. The existing theatre at Foothills Plaza will remain open during the new construction that is slated to begin this summer.

  • Unemployment rises back up to 9.0%

    New York City -- The unemployment rate in April edged up to 9.0%, compared with 8.8% in March 2011.

    Construction employment was about unchanged in April, according to Friday's report from the Bureau of Labor Statistics. This industry has shown little net movement since early 2010, after having fallen sharply during the prior three years.

    Overall, the economy added 244,000 jobs in April, a higher gain than anticipated by analysts.

  • Former Supervalu exec joins supply chain board

    Rockville, Md. — Mike Jackson was named to the board of directors of iControl Systems USA where he will also serve in the capacity of senior advisor to iControl president and CEO Tal Zlotnitsky. Jackson is a 30-year veteran of Supervalu veteran who retired from the company in late 2009 as president and COO.

  • Best Buy hit with security breach

    New York City -- For the second month in a row, Best Buy had to tell customers that their email addresses were compromised.

    The chain said that a former business partner’s files containing email addresses of some Best Buy customers were accessed without authorization. Best Buy said it would take legal action but it did not name the vendor involved.

  • Metropark closing all stores

    Boston -- Clothing and accessories retailer Metro Park has filed for bankruptcy and is closing all 69 stores nationwide.

    The store closings and liquidations begin on May 6. Gordon Bros. Group and Hilco Merchant Resources are running the going-out-of business sales for the retailer.

    Based in Los Angeles, Metro Park was founded in 2000. Specializing in upscale trendy fashions, Metro Park has been feeling the heat of increased competition from such fast-fashion retailers as H&M.
     

  • Whole Foods gets new stock symbol, posts strong Q2

    AUSTIN, Texas -- Whole Foods investors got some big news today, not only did the company report that sales for its second quarter rose 12% to $2.4 billion, it announced that is changing its trading symbol to WFM from WFMI effective May 6.

X
This ad will auto-close in 10 seconds