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Corporate Governance

  • Amazon hot in July

    New York -- Amazon should be feeling pumped about the  results of its one-day super sale anniversary event in July.

    The Internet giant had a 30.1% increase in marketplace sales in July over the year-ago period, with the increase likely due to its “Prime Day” sale on  July 15, according to a ChannelAdvisor report.

  • Primark sets the date for Boston

    New York -- Get ready for Irish fast-fashion.
     
    Value apparel retailer Primark, which  recently launched its U.S. website, announced it will open its first U.S. location, in Boston, on Sept. 10. The store measures 77,000 sq. ft. and is situated downtown in the Burnham Building, the site of the city’s iconic Filene's department store.

    Primark’s second U.S. outpost will open in King of Prussia mall. The retailer said it plans to open an additional eight stores over the next two years.

  • In-store still sells

    New York -- Female millennial shoppers still like the mall when it comes to shopping for back-to- school goods, and they are also using social media platforms to talk about it.

  • Walmart gets serious about healthcare clinics

    Bentonville, Ark. -- A pioneer in retail clinics has joined the nation’s largest retailer.

    Sandra Ryan has accepted a position with Walmart to lead the chain’s Care Clinic business, Drug Store News has learned, in a move that suggests the world's largest retailer is ready to make some major moves in the retail clinic space.

  • Soupman taps retail vet as CEO

    New York -- The brand that ‘Seinfeld’ made famous has tapped a retail vet as CEO.

    Soupman announces that Jamieson Karson has joined the company as CEO and chairman. Karson is the former CEO and chairman of Steven Madden.

    During his tenure at Steve Madden, Karson is credited with stabilizing the company and expanding the company's footprint into the global retail and wholesale markets. After Steve Madden, he was a partner at Lightship Partners, a retail consulting firm.

  • SRS Real Estate names Phoenix senior VP

    Dallas -- SRS Real Estate Partners said that it has named Brad Balbo as senior VP in the company's Phoenix office. Balbo specializes in the leasing, valuation and operations of retail shopping centers, with a focus on the restaurant segment.  

    Balbo joins SRS from a boutique firm in Scottsdale, and will focus primarily on landlord and tenant representation and investment sales for SRS.
     

  • Tri-Land Properties names Paul R. Sevenich as VP

    Westmont, Ill. -- Tri-Land Properties said that it has named Paul R. Sevenich as VP of leasing. Sevenich brings 30-plus years’ experience in retail real estate development and redevelopment, acquisitions, retail center positioning, value enhanced leasing, merchandising strategies and financial analysis of the Midwest and the South. Some of the companies he has worked for include CSM Corporation, Kraus-Anderson, CBL & Associates and General Growth.

  • Miami Beach’s eight-block landmark shopping district expansion announced

    Miami -- Terranova, Lincoln Road shopping district’s largest property owner, released redevelopment plans to activate Lincoln Lane North by developing 723 North Lincoln Lane and 801 Lincoln road buildings. These buildings are part of Miami, Florida’s eight-block retail, dining and entertainment district located blocks from Miami Beaches.   

  • Vegas Starbucks will be 'one-of-a-kind'

    New York -- Starbucks is going big on the Las Vegas Strip.

    The coffee giant is building a store that, in a first for Starbucks, will feature stadium-styled "grandstand" seating from which customers can, in another first, view a huge projector screen, reported Las Vegas Review-Journal. For a video of the store click here.

  • Order ahead at Jamba Juice

    Emeryville, Calif. -- Jamba Juice is making it more convenient for customers to get their smoothies.

    The chain announced that consumers will now be able to skip the line at over 200 stores where the retailer will be rolling out the first phase of its new mobile order-ahead app. The new smartphone tool is available on the Jamba Juice app.

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