Corporate Governance

Sears Holdings has turned to a veteran of tech and innovation companies to lead the business unit in charge of the company's most iconic brands.

The company has named Tom Park as president of the retailer's Kenmore, Craftsman & DieHard division.

Barnes & Noble wants its shoppers to celebrate innovation and creativity by hosting its first ever "Maker Faire."

The nation’s largest retail bookseller has formed a new partnership with Maker Media, publisher of Make: magazine and producer of Maker Faire, to launch the first-ever Mini Maker Faire in stores nationwide. The retailer is asking shoppers to participate at their local Barnes & Noble store the weekend of Nov. 6-8 to share their inventions, ideas and more.

Chattanooga, Tenn. -- CBL & Associates Properties, announced the addition of Chris Bursch as VP – Information Technology and will be responsible for all areas of IT.

Bursh has more than 30 years of experience in IT Leadership within the financial services, and most recently, the pharmaceutical industry.

Prior to joining CBL Bursch owned an IT management consulting business and held various leadership positions within information technology in the Chattanooga area.  
 

According to CNBC, PayPal has quietly begun partnering with online gambling sites to accept PayPal funds for payment.

Although PayPal has been consistently accepted by some foreign gambling sites, it has not been used by any U.S. gambling sites since its 2003 acquisition by eBay Inc. Now that PayPal is operating as a separate company, it has apparently started working with U.S. gambling sites again.

Taco Bell has developed a new store design and banner for the brand’s expansion into urban markets.

The new model — designed in house — eliminates the drive-thru and uses technology to help simplify and modernize the restaurant experience. The format, called Taco Bell Cantina, will debut in the Wicker Park neighborhood of Chicago on Tuesday, Sep. 22. The second will open in San Francisco later this month. And in a big change for the company, Cantina customers will be able to buy wine or beer to accompany their tacos.  

Target is entering the grocery delivery fray by offering its customers same-day delivery of groceries and other items through Instacart as a way to challenge Amazon and other retailers.

Target announced Tuesday it would begin testing an on-demand grocery delivery service via Instacart that initially will only be available in parts of Minneapolis, where Target is headquartered. But the retailer noted in a release on its blog A Bullseye View that the two companies are already exploring plans to expand the service into additional areas and markets in the future.

Nothing will have a greater impact on the value of your shopping center than how you approach an anchor tenant lease expiration.

Oak Brook, Ill. -- Inland Real Estate Acquisitions, Inc. announced the acquisition of three properties, located in Florida, California and Colorado, purchased in August on behalf of an Inland affiliate. The acquisitions collectively total more than $104 million for approximately 607,000 sq. ft. of commercial real estate.

Retailers that depend on Disney products for a big chunk of sales are in for a treat compliments of the company’s new “Star Darlings” line.

Arts and crafts chain Hobby Lobby is embarking on a mission to give away millions of Christmas gifts to chidren in need this holiday season, a mission that will likely appeal to many consumers in its target market.

The retailer announced is partnering with the world's largest Christmas project of its kind, Operation Christmas Child, which is a project of Samaritan's Purse, an international Christian relief and evangelism organization headed by Franklin Graham.