Strategy

CONSHOHOCKEN, Pa. — Ikea demonstrated the retail industry's commitment to the environment and sustainability by taking part in Climate Week, which is taking place in New York City this week. Ikea U.S. president Mike Ward was part of a 6-person sustainability panel held at 7 World Trade Center on Sept 19. Others on the panel included NYC mayor Michael Bloomberg and former British prime minister Tony Blair.

Chicago -- Commercial real estate firm Lee & Associates said it has added two senior VPs to its Chicago office.

Joseph Herron and Jason Sorce have both joined Lee & Associates Chicago as part of the firm’s expansion in the Midwest.

The firm also recently added Robyn Smart as a senior advisor in its Indianapolis office.

Herron joins Lee & Associates from Mid-America Real Estate Corp., where he spent 10 years as a retail broker. Sorce was previously with SRS Real Estate Partners and NAI Hiffman.

Millville, N.J. -- Fameco Real Estate, LP said that Hobby Lobby and Dollar Tree have signed leases at Cumberland Crossing, located in Millville, N.J., bringing the shopping center to nearly 90% leased.

Cumberland Crossing is a 258,414-sq.-ft. community center anchored by Walmart. Hobby Lobby signed a lease for 58,822 sq. ft. and Dollar Tree signed a lease for 12,000 sq. ft.
 

Chicago -- SoCore Energy has been chosen as the solar developer to assist Walgreens in completing one of the nation’s largest solar energy rollouts. Construction of the first 20 solar installations at Ohio-area Walgreens began earlier this month, at stores in Cincinnati.

SoCore Energy is under contract to provide 90 Ohio solar installations for Walgreens. The first 53 will be completed by Nov. 11, pushing Walgreens’ total number of solar sites to 136.

Walgreens will lease the arrays from SoCore for 10 years.

SAN FRANCISCO, Calif. — Gap Inc. announced that its Personal Advancement and Career Enhancement program was recognized by former President Bill Clinton at the Clinton Global Initiative, held in New York City.  Bob Fisher, son of Gap Inc. founders Doris and Don Fisher and a Gap Inc. board member, accepted the honor on behalf of the company.

New York City -- Gap’s Personal Advancement and Career Enhancement program was recognized by former President Bill Clinton at the Clinton Global Initiative, held in New York City. Bob Fisher, son of Gap founders Doris and Don Fisher and a Gap board member, accepted the honor on behalf of the company.

COSTA MESA, Calif. — Anna’s Linens has partnered with television personality and home designer Domenica Brazzi for a bedding and accessories collection launching simultaneously in all 285 Anna’s Linens stores and online at the end of September. 

New York City -- Macy's is reducing the size of its store in downtown Pittsburgh from nine floors of retail space to six (plus a mezzanine).

The company has been moving some departments to lower floors since early this year. The store will remain open during the renovations.

"The store is being reconfigured for better flow among departments, making shopping easier and more convenient," the company said in a statement.