Corporate Governance

Columbus, Ohio -- WP Glimcher has completed the sale of Forest Mall in Fond Du Lac, Wisconsin and Northlake Mall in Atlanta. The two non-core assets were sold to private real estate investors for $30 million.

Oak Brook, Ill. -- Inland Investment Real Estate Services hires Niall J. Byrne as executive VP and head of property management. Byrne will be responsible for IIRES’s property management for Inland Investments, Inland National Development Corporation and Inland Institutional Capital Partners.

The number of U.S. businesses with solar energy installations grew to a new high in 2015. Enterprises ranging from family-run companies to some of the country’s biggest corporations are producing their own energy, cutting operating expenses, and achieving environmental sustainability.

A recent report from the Solar Energy Industries Association (SEIA) provides data and insights into the diverse mix of corporate offices, office buildings, retail, manufacturing, data centers, distribution and logistics centers, and convention centers that have gone solar.

Destination XL increased its earnings guidance for fiscal 2015 after the men's big and tall retailer pre-announced high single digit Q4 comps and increased profit.

American Apparel founder and ousted CEO is nothing if not determined.

Days after a bankruptcy court judge rejected a takeover proposal by Hagan Capital and Silver Creek Capital Partners that would have also returned Dov Charney to a leadership position at American Apparel, the controversial founder is reportedly already at work on his return to the retail scene.

So far this year, four Sears Hometown Stores have opened around the country. Of particular interest is the opening in Selma, California -- inside a hardware store.

On Jan. 28, California Sears Hometown Store opened inside the Nelson Ace Hardware store in Selma.

Lucky Brand may be 25 years old, but with two new prototypes performing well and a series of omnichannel investments yielding results, the private equity-backed company’s most significant growth could be just beginning.

Lumber Liquidators has been handed its penalty by the U.S. Department of Justice over allegations of illegal sourcing, which will amount to $13.2 million in fines and forfeitures.

Macy’s named longtime executive Peter Sachse to a new position with added responsibility for merchandising and said Justin S. MacFarlane joined the company as chief strategy, analytics and innovation officer.

The company said the changes were part of the company’s plan to, “aggressively to grow its omnichannel business based on intensive insight into evolving consumer preferences and changing shopping patterns.”

Upper Darby, Pa. -- Metro Commercial Real Estate announced that is has negotiated the sale of the 307,000-sq.-ft. Home Depot Plaza in Upper Darby, Pennsylvania.

The purchaser, a life insurance company, values the long-term nature of the anchor leases, Home Depot and Acme, and the population density of the area.