Corporate Governance

May in Las Vegas is when the dealmakers come out to, well, make deals, as the International Council of Shopping Centers hosts its annual RECon event at the Las Vegas Convention Center and Westgate Las Vegas Hotel. Held May 22-25 and attended by retailers and shopping center owners from around the globe, RECon will display such project wares as mixed-use destinations, outlet centers, and strip and lifestyle projects — and everything in between.

Expect the 365 by Whole Foods Market store format to look much different than the traditional Whole Foods store.

The concept, debuting in late May in Los Angeles, will feature a no-frills design, low fixtures and all-digital price tags, reported Business Insider, which was given a sneak peak of the format.

To see renderings of 365 and learn more about its details, click here.

One of the nation’s largest franchisees will soon also be operating GNC stores.

Moving ahead with its plan to reduce its corporate-owned store footprint, GNC announced plans to sell 84 company-owned locations to Dallas-based Sun Holdings for about $17 million. The retailer revealed the sale amid disappointing first quarter results.

Dunkin' Brands, the parent company of Dunkin' Donuts and Baskin-Robbins, announced that Paul Twohig, president, Dunkin' Donuts U.S. and Canada, 62, has decided to retire at the end of first quarter 2017.

Dunkin’ plans to name a successor before the end of the year and said it is currently conducting a search which will consider both internal and external candidates.

One of the most important trends to track these days is that of online retailers making the jump to brick-and-mortar. The different strategies and tactics they have taken, and the new and different ways that retailers are adapting to the realities of an omnichannel world, can not only reveal some fascinating truths about retail today — but also provide some insights into where the retail industry might be heading in the future.

Whole Foods Market will open its second 365 by Whole Foods Market store on July 14, in Lake Oswego, Oregon. The new format will make its debut in on May 25, in Los Angeles.

Chicago is one of the nation’s leading retail markets and a new report from Mid-America Real Estate details the area’s evolving growth patterns, retailers driving development and hot properties.

Amazon.com Inc. swung from loss to profit and significantly boosted net sales during a first quarter that topped analysts expectations.

The world’s largest online retailer reported better-than-expected net income of $513 million, compared to a net loss of $57 million in the first quarter of fiscal 2015.