Strategy

Palo Alto, Calif. -- HP Enterprise Services Monday announced Tops Friendly Markets, the New York-based supermarket chain with stores in New York and Pennsylvania, has signed a seven-year applications and infrastructure technology services contract valued in excess of $80 million that gives the retailer flexibility to transform its business processes to drive growth.

Phoenix -- Grubb & Ellis Co. announced that Robert P. Stephens has joined the company as VP Industrial Group.

Specializing in the representation of industrial tenants and landlords, Stephens joined Grubb & Ellis from Cushman & Wakefield.

New York City -- Robert K. Futterman & Associates said it has been retained as the exclusive retail leasing agent for the Manhattan franchisee of Elevation Burger, which controls the chain’s locations south of 50th Street and is currently the only Manhattan franchisee. 

Earlier this year, RKF represented the burger chain’s franchisee in the leasing of its Manhattan flagship location at 103 West 14th Street between Sixth and Seventh Avenues. It is scheduled to open in December.

Hamden, Conn. -- Hollywood Tans has signed a lease for a new 2,580-sq.-ft. store at Parkway Plaza, in Hamden, Conn.

Parkway Plaza is owned by New York City-based Centro Properties Group.

New York City -- Wal-Mart Stores has filed suit against CVS Caremark Corp. to prevent CVS from hiring former Wal-Mart executive Hank Mullany, according to a Friday report by Bloomberg.

CVS’s hiring of Mullany, former president of Wal-Mart’s northern U.S. division, would violate a noncompete agreement, Wal-Mart said in the complaint filed Thursday in Delaware Chancery Court.

According to Wal-Mart’s complaint, CVS has indicated that it intends to hire Mullany without regard to the agreement.