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Strategy

  • Casto names property manager

    Columbus, Ohio -- Casto announced that Bruce Engelhardt has joined the firm’s property management team where his primary focus will be on a retail portfolio totaling 1.8 million sq. ft. of shop space.

    Most recently, Engelhardt was the group manager of the Open-Air Division at Jones Lang LaSalle.

  • Walmart rolls out the financial big guns

    BENTONVILLE, Ark. — Three Wal-Mart Stores executives will share insights at two key retail conferences on March 7.

  • Gordman’s expanding into Utah

    New York City -- Gordman's will open its first stores in Utah, in March, according to The Salt Lake Tribune.

    The value-priced department store operator will open a store in Farmington’s Station Park shopping center on March 23, and also one in The District shopping center in South Jordan, the report said. A third store is set to open, in Riverdale, in July.

    “The Salt Lake MSA [metropolitan statistical area between Ogden and Provo] we see as a significant opportunity for us,” CEO Jeff Gordman said, in the report.

  • Staples shows economy is improving ... slowly

    FRAMINGHAM, Mass. — When people are working -- whether at a small business or large corporation -- they need office supplies, so when a company such as Staples delivers a retail sales increase for the fourth quarter, it is good sign that the economy is improving.

  • Home Depot extends deal with Martha Stewart, will expand product line

    Atlanta -- The Home Depot and Martha Stewart Living Omnimedia have extended their agreement to offer Martha Stewart Living-branded products at Home Depot stores through 2016. The line launched in 2010.

    The chain currently offers paint, outdoor furniture, kitchen and bath cabinetry and carpeting under the Martha Stewart brand currently. It plans to expand its product lineup with a new craft furniture line and more holiday merchandise.

  • SRS Real Estate announces new hire

    Dallas -- SRS Real Estate Partners said that Glori Rodriguez has been named a senior marketing coordinator in the South Florida office.

    Rodriguez will be responsible for executing the national and local marketing strategies for the South Florida office including broker transaction support, identity building, and lead generation initiatives.

    Prior to SRS, she was a business development coordinator at Bureau Veritas N.A.

  • Marcus & Millichap announces promotion

    Philadelphia -- Marcus & Millichap Real Estate Investment Services said that it has promoted Mark E. Taylor to first VP investments.

    Most recently, Taylor held the title of VP investments. He specializes in the sale of retail shopping centers and net-leased property investment real estate.

  • Casual Male DestinationXL format to make Middle East debut

    Canton, Mass. -- Casual Male Retail Group announced that its first DestinationXL store in the Middle East will open this spring in Symphony Mall, Kuwait City, Kuwait, under a franchise agreement between one of its subsidiaries and The Standard Arabian Business & Enterprises Company (SABECO).

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