Strategy

Beachwood, Ohio -- Developers Diversified Realty Corp. announced Friday it has furthered its commitment to risk management with the formalization of its Enterprise Risk Management Program.

The new program, according to Developers Diversified, is an integration of strategy, process, people and technology that promotes the identification, prioritization, ownership and management of the company's critical risks.

Encino, Calif. -- NAI Capital announced it has appointed Vicki R. Donkin as senior VP within the firm’s Ontario, Calif., office, effective immediately.

Donkin, who will specialize in investment and land sales/leasing, and marketing and cost benefit analyses for retail and non-retail properties, was previously VP with Present Value Properties of Tustin, Calif., where she marketed tenant and landlord big-box locations.
 

DULUTH, Ga. -- NCR Corp. announced that the current release (version 5) of its NCR SelfServ Checkout solution has won a Good Design Award for product design excellence in the electronics category.

New York City -- Tesco has installed wind turbines, each with a capacity of nearly 1 MW, at three of its grocery distribution centers.

The company installed two of the 90-meter, 800kW wind turbines at its distribution center near Newport in Wales, BusinessGreen reported. The other turbines are at two sites in England’s Midlands region.

NEW YORK -- Teen fashion retailer Delia's has announced the appointment of two shareholder representatives to its board of directors effective March 25. The two new directors are Michael Zimmerman, the founder and CEO of Prentice Capital Management, LP, and Mario Ciampi, the managing partner of Prentice Capital Management, LP. Zimmerman will also serve as a member of the corporate governance and nominating committee, and Ciampi will be a member of the compensation Committee.

Indianapolis -- The Finish Line said Thursday that its fourth-quarter profit rose 12% with strong same-store sales.

The company reported net income of $34.3 million in the quarter that ended Feb. 26, compared with $30.6 million a year earlier.

The Finish Line said that excluding a charge for writing down the value of stores.

Revenue rose 2.7% to $384.6 million. Same-store sales rose 4%.

The company said operating margins were 9% close to its goal of double-digit margins for the full year.

PLEASANTON, Calif. -- Safeway Inc. announced that it was recognized this week by the Association of Fundraising Professionals with the organization's 2011 Freeman Philanthropic Services Award for Outstanding Corporation.

New York City -- Borders Group, which filed Chapter 11 bankruptcy in February and has announced plans to close about a third of its stores, said it plans to pay key employees as much as $8.3 million in incentives and retention bonuses, Bloomberg reported.

The retailer asked a judge to approve its plan in a filing Thursday in U.S. Bankruptcy Courty in New York. Borders said it has historically compensated employees through incentives.