Corporate Governance

Hoffman Estates, Ill. -- Sears Holdings Corp. announced the two remaining stores involved in its deal with European fashion retailer Primark. (In late 2014, Sears entered into lease agreements with Primark for seven standalone stores in the Northeastern United States.)

The two remaining stores will be located at Burlington Mall in Burlington, Massachusetts; and South Shore Plaza in Braintree, Massachusetts. Sears will continue to have a significant retail presence in both of these malls, which are owned and operated by Simon Property Group, Inc.

The participating companies provide industry-leading solutions and services that aid retailers with the challenging task of navigating real estate. Specific areas where and these providers offer help include lease management, store growth and consolidation, portfolio management, strategic analytics.

A&G Realty Partners LLC    

Melville, N.Y.    

Seattle – Stockbrokers in need of a quick caffeine fix between bouts of buying and selling have a new resource. Starbucks Corp. is debuting its new express store format on Wall Street in New York, across from the New York Stock Exchange.

The compact 538-sq.-ft. store space is designed to provide a streamlined customer experience and provide what Starbucks calls an “espresso shot” version of visiting its stores. Starbucks is relying upon store design, customer service and technology to provide the convenience it promises.

Los Angeles - True Religion has expanded its partnership with Epicor to support omnichannel and digital innovation initiatives. The specialty apparel retailer has selected modules including the Epicor QuantiSense Retail Business Intelligence solution, and the Epicor ShopVisible cloud retail order management solution.

A panel of architects, engineers and retailers discussed 2013 California Title 24, Part 6, which is widely acknowledged as the strictest energy code in the United States. And its relevance extends far beyond the Golden State.

“As California goes, so goes the nation,” said Ken Kosinski, construction director, Nike Factory Stores, North America, Nike.

The updated version of the code went into effect on July 1, 2014, and includes a big increase in the lighting-control requirement.

Phoenix – Local communities in Arizona reportedly can no longer ban plastic bags. According to the Associated Press, the Arizona state legislature has voted to make it illegal for cities and town to forbid the use of plastic bags, as well as Styrofoam containers or other disposable products, within their limits.

The state law also restricts local communities from requiring businesses to report energy usage.

Camp Hill, Pa. – Same-store sales increased 3% in April 2015, compared to the same month a year earlier. April front-end same-store sales, which were negatively impacted by 0.9% due to a shift in the timing of Easter, decreased 0.5%.

Pharmacy same-store sales, which included an approximate 1.45% negative impact from new generic introductions, increased 4.6%. Prescription count at comparable stores increased 1.8% from the prior-year period.

Doughnuts may be required to spend some time in the proofer, but when it comes to sustainability, the proof is in the doughnuts, at least those that are served at a growing number of Dunkin’ Donuts 18,000-plus locations.

The rise of Dunkin’ Brands sustainability initiative was presented by the company’s senior director of global design and construction services, John Herth, and director of corporate responsibility, Christine Riley Miller, at the SPECS session, “Sustainability the Dunkin’ Brands Way.”

At the end of 2014, the company launched Dunkin’ Donuts (DD) Green Achiev