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Corporate Governance

  • Fair Scheduling Laws: Implications for retail, and navigating the changes

    Oregon passed Senate Bill 828, known as the “Fair Work Week” law, last month. This law requires foodservice, retail and hospitality employers to give hourly workers reliable work week schedules upon hire, maintain a voluntary list of standby employees to address unanticipated customer needs or unexpected employee absences, and provide their workers with advance notice of schedule changes.  

  • Herberger’s backfills Macy’s hole in LaCrosse

    Herberger’s has moved to a new location at the Valley View Mall in LaCrosse, Wisconsin, “right-sizing” to a 100,000-sq.-ft. space in a spot recently vacated by Macy’s. Herberger’s was the sixth tenant to backfill vacant department store space at a PREIT-owned mall this year.  

  • Department store giant scales back holiday hiring

    Fewer stores translates into reduced holiday hiring for Macy's this year.   Macy's plans to hire a total of 80,000 workers for the holiday rush, down from about 83,000 last year. The company has been closing underperforming stores and currently operates some 70 fewer stores than it did last year.  

  • The Tile Shop expands in Michigan

    The Tile Shop has expanded its presence in greater Detroit with the opening of its sixth metro store in Troy.    The new location features 14,750 sq. ft. of showroom space and over 4,000 tile designs for consumers and the professional trade. It also features more than 30 fully decorated displays providing design inspiration  

  • Nordstrom's expansion into Canada continues

    Nordstrom has opened its sixth location in Canada.    The department store retailer on Friday opened its doors at CF Sherway Gardens, its third full-line location in Toronto. The two-level, 140,000-sq.-ft. store follows the retailer's openings at Toronto's CF Toronto Eaton Centre and Yorkdale Shopping Centre last fall. The opening comes as rumors mount that the company is about to go private in a buyout deal. http://www.chainstoreage.com/article/nordstrom-edging-closer-going-private  

  • Gap CEO draws ‘line in the sand’

    Gap Inc. CEO Art Peck is refocusing the 3,000-store company on the areas with the biggest potential for driving growth — and they do not include its oldest divisions.   “We’re certainly not giving up on Gap or Banana [Republic], but we’re acknowledging the world continues to change,” Peck said in an interview with Bloomberg.  “And those are the two most mature brands in the portfolio.”  

  • CBL puts an eye on shoppers

    CBL is launching a pilot program at two of its malls that will more closely measure the volume and the specific nature of traffic.   The initiative, directed by RetailNext, will place cameras at various points on the properties that not only count heads, but determine shoppers’ genders and approximate their ages within five years. The test will take place at Hamilton Place in Chattanooga, Tennessee, and Asheville Mall in Asheville, North Carolina.  

  • First Look: Hot online start-up opens NYC store

    The maker of what it calls "the world's most comfortable shoes" has set up shop in New York City.   Allbirds, the eco-friendly online brand with a fast-growing and devoted following (especially in the Silicon Valley), has opened its second brick-and-mortar location, in Manhattan's SoHo neighborhood. The company opened its first store, on the ground floor of its San Francisco headquarters, in April.  
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