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Corporate Governance

  • Toys 'R' Us is focused on 'flawless' as it goes into holiday home stretch

    With the financial picture improving modestly at Toys “R” Us, CEO David Brandon said the company is ready to build on third quarter successes during the final days of the holiday season.

  • Valeant extends savings in new fulfillment agreement with Walgreens

    Valeant Pharmaceuticals is forming new fulfillment agreements with Walgreens while indicating it intends to extend this distribution model to additional participating independent retail pharmacies. 

  • Neiman Marcus hit by department store slump

    The strong dollar’s influence on tourism and store traffic led the Neiman Marcus Group to report a decline in same-store sales for the first time in six years.

  • GameStop opens 1,000th tech brands store

    GameStop’s Technology Brands division has reached another milestone toward its goal of generating $1.5 billion in revenue by 2019.

    The retailer announced it has opened its 1,000th technology brand store. The company now boasts the title of largest video game retailer in the world, as well as the largest AT&T authorized retailer and largest Apple-authorized specialist in the United States.

  • LEGOLAND Discovery Center Philadelphia opening in 2017

    Plymouth Meeting, Pa. -- PREIT will begin construction next summer on LEGOLAND Discovery Center Philadelphia at Plymouth Meeting Mall in Plymouth Meeting, Pennsylvania. The 33,000 sq. ft. attraction, is a unique indoor attractions based on the popular LEGO brick, designed for families with children aged 3-10.

  • Barnes & Noble names a new IT leader

    The instability in the executive suite at Barnes & Noble continues, as the retailer has named a new CIO just months after installing a new chief digital officer.

    The retailer has named William Wood as its new CIO. Wood comes from EZCORP Inc., where he also served as chief information officer. He will report directly to Ron Boire, CEO.

  • Report: Private equity interest in retail remains high

    Despite the mixed outlook for holiday sales, the private equity community remains interested in retail, believing that the sector can offer the opportunity to achieve scalable growth.

  • Mid-America Real Estate arranges new anchor for Westview Shopping Center

    Hastings, Minn. -- Mid-America Real Estate announced it recently secured a new retail lease on behalf of Westview Shopping Center in Hastings, Minnesota.

    Ace Hardware signed a lease for 14,980 sq. ft. at Westview Shopping Center located at the corner of South Frontage Road and Pleasant Avenue.

    Ace Hardware will anchor the 130,395 sq. ft. center that is also home to Sterling Drug. The location is expected to open in spring 2016.

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