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Corporate Governance

  • Report: Kroger to build Atlanta DC

    Cincinnati — Kroger Co. is reportedly planning to build a $250 million distribution center in the suburban Atlanta area. According to the Cincinnati Business Courier, Kroger will open the 1 million-sq.-ft. facility in the suburb of Forest Park, on the site of the former Fort Gillem army base by September 2015.

    The distribution center will open with 700 to 900 skilled workers, and eventually employ about 1,500 people. Kroger declined to comment on the report.

     

  • Starbucks’ La Boulange opens first L.A. store

    San Francisco — La Boulange, the bakery-café chain owned by Starbucks, has opened its first restaurant outside its base of San Francisco, in Los Angeles. The new all-day menu offers breakfast, lunch and dinner, using local California-sourced ingredients wherever possible, as well as tap wine and beer and specialty cocktails.

  • PayPal launches small business tool

    San Jose, Calif. — PayPal has launched PassPort, a website designed to provide small businesses with free tools to expand their global sales. PassPort provides country-specific guidance on seasonal sales peaks; shipping and distribution logistics; currency exchange and fees; and customs procedures and taxes.

    In addition to holiday-specific content, PassPort presents buying and selling patterns around the globe and across key corridors. PassPort helps businesses start selling internationally quickly via direct links to eBay Marketplace tools.

  • Speed Commerce unveils Oracle Commerce accelerator

    Dallas — Speed Commerce Inc., a vertically integrated, omni-channel platform of e-commerce services, has launched Sara X, a pre-configured, feature-rich accelerator for Oracle Commerce.

  • Loss prevention associates from Old Navy, Beall’s Department Store honored by NRF

    Washington, D.C. — The National Retail Federation (NRF) presented its annual Ring of Excellence, Law Enforcement Retail Partnership and Retail Case of the Year awards during the NRF Loss Prevention Conference and Expo on Thursday, June 12.

  • Kroger recognized for disability hiring efforts

    Cincinnati — The Kroger Co. has been named Employer of the Year by the Marriott Foundation for People with Disabilities. The Marriott Foundation for People with Disabilities fosters the employment of young people with disabilities.

  • Corner Bakery Café plans first Wisconsin location

    Chicago, Ill. — Corner Bakery Café will open its first Wisconsin location later this year at The Mayfair Collection in Wauwatosa, Wis. The 4,000-sq.-ft. franchise location is near the center entrance at Burleigh Street and 114th Street.

    Construction is slated to begin within the next few weeks. Neo Fourno Inc., the franchisee, plans to open 10 new cafes in Madison and Milwaukee over the next five years.

  • Pret A Manger leases 600 Lexington Avenue shop

    New York City — Restaurant chain Pret A Manger has leased a 2,577-sq.-ft. shop at 600 Lexington Avenue, a boutique 36-story office tower on East 52nd Street. The new location will bring the chains Manhattan locations to a total of 39.

    RKF (www.rkf.com) represented Pret A Manger and the landlord, SL Green Realty Corp. in the transaction. Over the last two years, RKF has arranged a dozen new leases for the chain.

     

  • Retail sales continue rebound with 0.3% rise in May

    Washington, D.C. — Consumer spending rose 0.3% in May, marking four consecutive months of rising U.S. retail sales.

    The Commerce Department reported Thursday that May results were boosted by strength from the auto sector, which recorded a 1.4% sales increase during the month. U.S. retail sales rose 0.5% in April and 1.5% in March.

  • Arby’s to launch nationwide remodeling program

    Atlanta — Arby's Restaurant Group, Inc. announced plans to launch a major remodeling program across its nationwide network of nearly 3,400 Arby's quick-service sandwich restaurants.

    The turnkey revitalization initiative includes a new building image, team member re-training program and franchisee remodel financing solution.  

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