Strategy

Cincinnati -- A Monday report by the Cincinnati Business Courier said that Kroger Co. is planning to spend about $15 million to renovate four stores in the Cincinnati area in 2011.

The grocery retailer said it plans to renovate stores in Westwood, Madeira and Montgomery, Ohio, as well as a store in Cold Spring, Ky.

The Westwood and Montgomery locations are scheduled for renovation in the first half of 2011, while Kroger is still finalizing the renovation plans for the Madeira and Cold Spring stores.

Atlanta -- Midwest department store operator Von Maur will enter the Atlanta market, taking over a fomer Belk’s space at North Point Mall in Alpharetta, Ga., pending approval by the city's design review board, Atlanta Business News reported.

Sylvania, Ohio -- Sylvania Sports World announced it has opened a 12,800-sq.-ft. store at Starlite Plaza, located in Sylvania, Ohio.

The shopping center is owned by New York City-based Centro Properties Group.

New York City -- New Street Realty Advisors, LLC announced a lease transaction between Whitehall Properties II, LLC, the owners of The Caroline at 706 Avenue of the Americas, New York City, and Just Salad.

The 3,000-sq.-ft. ground floor space is located on the east side of Sixth Avenue between East 22nd Street and East 23rd Street.

Just Salad is slated to open in the spring.

Just Salad currently has five locations in New York City and two locations in Hong Kong.

Springfield, Ill. -- Family Dollar has opened an 8,800-sq.-ft. store at Fairhills Mall, located in Springfield, Ill.

The mall is owned by New York City-based Centro Properties Group.
 

Beachwood, Ohio -- Developers Diversified Realty Corp. announced that the company's joint venture in Brazil, Sonae Sierra Brasil, has opened a nearly 60,000-sq.-ft. expansion at Parque Dom Pedro Shopping, now a 1.3 million-sq.-ft. enclosed mall in Campinas, Brazil.

Barcelona, Spain -- Tommy Hilfiger Europe has selected an electronic invoicing software from IBM to reduce the cost of cross-border and domestic trading by automating its electronic invoicing processes.

Houston -- Wulfe & Co. announced that Bob Sellingsloh has been named president of the company.

Taryn Sims has been named president of Wulfe Management Services, a commercial real estate property management firm affiliated with Wulfe & Co.

Ed Wulfe, founder, announced the firm’s new top management structure which will be effective January 1, 2011. Wulfe will assume the position of chairman and CEO of the companies, maintaining his full time day-to-day activities with both organizations.