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Strategy

  • Buxton names Charles Wetzel as CEO

    Fort Worth, Texas -- Buxton, a leading customer analytics firm, has named Charles Wetzel as its new CEO.

    Wetzel, 35, started at Buxton in 2004 as COO. He assumed the role of president in 2008.

    “Charles is the ideal candidate to assume the CEO post at Buxton,” said Tom Buxton, founder and chairman of Buxton. “He holds the right combination of analytical expertise and management needed to lead this company into the future.”

  • Two new tenants to open in Montgomery County, Pa.

    Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. said that Patel Bazaar and Spice Kitchen have signed leases for 6,900 sq. ft. along the 422 Corridor in Montgomery County, Pa.

    Patel Bazaar, an Indian grocery store, has signed a 4,900-sq.-ft. lease at Jefferson Plaza Shopping Center in West Norriton Township. The grand opening is scheduled for January 14. Spice Kitchen, an Indian restaurant, has signed a lease for 2,000 sq. ft. at the Park Ridge Shopping Center in Trooper. The center is anchored by Acme. Spice Kitchen opened its doors several weeks ago.

  • Sam's Club starts new year with new health services

    BENTONVILLE, Ark. - Sam's Club announced that it is offering its business, advantage and plus members tools to help them achieve their health goals including free monthly in-club health screenings and access to a new health management benefit, The Prevention Plan from U.S. Preventive Medicine.

  • La Colombe Torrefaction signs Center City lease

    Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. said that coffee retailer La Colombe Torrefaction has signed a lease for 1,230 sq. ft. at The Residences at the Ritz Carlton, in Philadelphia.

    The new location is slated to open April 2011 and will complement La Columbe’s other location on Rittenhouse Square, also in Philadelphia.

  • Sears names president of Retail Services unit

    Hoffman Estates, Ill. -- Sears Holdings announced that Deidra Cheeks Merriwether has been promoted to senior VP and president of its Retail Services business unit, succeeding James H. Haworth who will be leaving the company to pursue other opportunities. Merriwether will be responsible for the oversight and leadership of retail services for all Kmart and Sears stores.

  • Walgreens December sales up 7.5%

    Deerfield, Ill. -- Walgreens reported on Wednesday that its December sales rose 7.5% to $6.8 billion. The chain said that Duane Reade stores, which Walgreens acquired in April 2010, contributed 2.5 percentage points.

    Walgreens’ same-store sales for the month rose 2.8%

    The company said front-end sales were up 9.5%. Pharmacy sales, which accounted for 58.6% of total sales for the month, saw a 6% boost.

    During the month of December, Walgreens opened three stores, including one relocation, and acquired three stores.

  • Saks to close Denver store

    New York City -- Saks on Wednesday announced it plans to close its Saks Fifth Avenue store located in the Cherry Creek Mall in Denver, Colo., on March 19. With the closing, the company will have closed seven Saks Fifth Avenue stores since July 2010.

  • Winn-Dixie picks a good Appel to head retail ops

    JACKSONVILLE, Fla. - Winn-Dixie Stores announced that Laurence Appel, who joined Winn-Dixie in 2002 and formerly served as general counsel, corporate secretary and SVP human resources, has been named SVP retail operations. Appel replaces Frank Eckstein, who has retired from his current role but will continue to serve in an advisory capacity until the end of fiscal year 2011. 

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