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Corporate Governance

  • Chico’s expands e-commerce with Borderfree

    New York — Chico’s FAS Inc. has partnered with Borderfree to expand its e-commerce capabilities globally. Through this partnership, Chico’s FAS will now be able to transact with shoppers in more than 100 countries and territories worldwide in more than 60 global currencies.

  • Report: Starbucks may change employee tattoo policy

    Seattle — Starbucks Corp. is reportedly considering changing its policy that forbids visible tattoos on baristas. According to CNNMoney, more than 21,000 employees have signed an online petition asking Starbucks to allow baristas in its stores to display visible, non-offensive tattoos.

  • Lands’ End Q2 net income up 5%

    Dodgeville, Wis. — Net income at Lands’ End Inc. grew 5% to $11.8 million in the second quarter of fiscal 2014 from $11.3 million in the same period a year earlier. Net sales also increased 5%, to $347.2 million from $329.6 million.

    Same-store sales improved 2.8%. Lands’ End attributed its positive performance to improved merchandise assortment, modern creative presentation, better inventory management and continued expense controls.

  • Global Facility Management hires Lennox exec as sales manager

    Melville, N.Y. — Global Facility Management & Construction has hired Jaime Trujillo, a former member of the sales team at facilities services provider Lennox, to its sales team.  In his new role as sales manager, Trujillo will be instrumental in developing new business and expanding existing accounts.

     

  • Cherokee National Businesses Woodmont Outlets propose $80 million upscale outlet shops in Tulsa

    CATOOSA, Okla. — Cherokee Nation Businesses has partnered with commercial real estate developer Woodmont Outlets, an affiliate of The Woodmont Company, to potentially locate a new upscale retail development at Hard Rock Hotel & Casino Tulsa.

    CNB has agreed to lease property west of the casino to Woodmont Outlets, which plans to invest $80 million into premium outlet shops to be called “Cherokee Outlets.”
     

  • Levin Management names Body Central exec as VP of leasing

    North Plainfield, N.J. — David Reiner has joined retail real estate services firm Levin Management as VP of leasing. Most recently, Reiner served as director of real estate for Body Central Stores Inc.

    During the past 25 years, he has also has held executive- and management-level retail leasing positions with property owners such as Urban Retail Properties, Colonial Properties Trust, and Simon Property Group.
     

  • Vestar names new assistant VP of leasing

    Phoenix — Vestar, a privately-held real estate company in the western U.S. that acquires and manages retail and entertainment destinations, has named Jenny Cushing as assistant VP of leasing. Cushing will be responsible for overseeing and growing the leasing efforts throughout Vestar’s California, Arizona & Nevada projects.

  • Rookwood Center nears 100% occupancy

    Cincinnati — Jeffrey R. Anderson Real Estate Inc. and Casto announced that increased leasing activity during the last six months brings the Rookwood shopping center to 99% occupancy with the addition of new Carhartt, J.Crew Factory and Rally House stores.

    In addition, negotiations are underway to lease the only remaining 1,500-sq-ft. space at Rookwood, which will then achieve full occupancy.
     

  • JLL takes over management and leasing of Washington SQ. Mall

    Indianapolis — JLL’s Retail Group has been retained to lease and manage Washington Square Mall in Indianapolis. The property’s tenant mix includes more than 80 national, regional and local retailers, and is anchored by Sears, Dick’s Sporting Goods, Target and Burlington Coat Factory.

    The nearly one-million-square-foot regional shopping mall was built in 1974 and underwent a comprehensive renovation in 1999. Regional manager Rick Vita is leading the JLL team on this assignment.

  • RKF named leasing agent for The Factory in Long Island City

    New York — RKF has been selected as the exclusive retail leasing agent for The Factory, a one-million-square-foot, multi-tenant commercial building located in Long Island City, Queens. Situated in the Hunter’s Point section of Long Island City, the retail space at The Factory consists of 23,564-sq.-ft. on the ground floor and 21,854-sq.-ft. on the building’s lower level.

    RKF executive VP Barry Fishbach and director Young Kim are bringing the opportunity to market for Atlas Capital Group, who recently acquired the property.

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