Strategy

Rowland Heights, Calif. -- Shoe City has opened a 7,680-sq.-ft. store at Puente Hills Town Center, located in Rowland Heights, Calif.

The shopping center is owned by Centro Properties Group, based in New York City.

Santa Monica, Calif. -- Privately held European women’s apparel retailer, Desigual, said it has leased nearly 6,400 sq. ft. on the 3rd Street Promenade in Santa Monica from landlord Promenade Gateway, an affiliate of Maxxam Enterprises.

The store will serve as Desigual’s flagship West Coast location. The retailer currently has more than 170 retail locations and approximately 450 shop-in-shops in major department stores across Europe and Asia.

Short Hills, N.J. -- Bloomfield Hills, Mich.-based Taubman Co. announced that The Cheesecake Factory and Forever 21 will open at the company’s Mall at Short Hills, located in Short Hills, N.J.
 
Cheesecake Factory is slated to open a full-service restaurant, bakery and bar this summer. Forever 21 will open a 40,000+-sq.-ft. store in late 2011.

The Mall at Short Hills features 160 specialty stores and restaurants along with anchors Bloomingdale's, Macy's, Neiman Marcus, Nordstrom and Saks Fifth Avenue.

By Eric White, Doug Reynolds and Michael Rozin

Retail is an evolving business that must constantly adapt to changing consumer demands, technologies and economic and demographic trends. Retailers are extremely adept at this, and are perpetually reinventing the way they do business, both in terms of interactions with consumers and also how they streamline operations. This is a requirement for successful retailers because, like it or not, everything impacts retail: technology, weather, politics and even terrorism. 

San Francisco -- Gap announced Tuesday that Marka Hansen president of Gap North America, has resigned, effective Feb. 4.

According to Glenn Murphy, Gap chairman and CEO, the decision to change leadership was mutual.

“After several conversations, Marka and I agreed this was the right time for a change in the organization in order to take Gap brand to a new level,” he said.

The apparel retailer said it has identified an internal successor to Hansen, who will be announced in the next day.

City of Industry, Calif. -- Hot Topic said Monday that Chris Daniel, president of the company’s plus-size Torrid division, has resigned effective April 29.

The company has named Betsy McLaughlin as interim head of Torrid upon Daniel’s departure, and said it will conduct an outside search for a permanent replacement.

New York City -- New York & Co. said Tuesday it has promoted current president Gregory Scott to the role of CEO, effective Feb. 12.

Richard P. Crystal, current chairman and CEO, had previously announced his impending retirement, effective Feb. 11.

Grace Nichols, who has served as a director since March 2008, will assume the role of non-executive chair of the board effective Feb. 12. Scott will remain a director on the company’s board.

Orlando, Fla. -- Red Lobster announced a plan to remodel all of its nearly 700 restaurants across the United States and Canada to a design inspired by the seafaring village of Bar Harbor, Maine. Thirty-three percent of the chain’s restaurants will be remodeled by June 2011, with the goal of all Red Lobster restaurants receiving a remodel by 2014. 

GRAND RAPIDS, Mich. — Looking to foray into online sales, Meijer is launching a new grocery service for its customers.

MeijerDoorstepGrocer.com will offer customers thousands of grocery and drug store items, many of them available in single-pack or smaller sizes. Meijer initially will offer about 5,000 items on its website. With no minimum order requirement for delivery, the company said, but for a limited time, customers have the opportunity to save on orders that exceed $100. Shipping costs start at $7.95.

MINNEAPOLIS – Target announced that on Feb. 2 it will celebrate the opening of the newly renovated library at the George Peabody Elementary School. The renovation was made possible with the help of The Heart of America Foundation and the NFL Players Association.