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Corporate Governance

  • Walgreens legal eagle hired by Hertz

    Walgreens Boot Alliance will be looking to fill some big shoes, as Thomas Sabatino Jr., executive VP, global chief legal and administrative officer, will be leaving the company to join Hertz Global Holdings effective Feb.9.

    Sabatino will join Hertz Global Holdings as senior executive VP, chief administrative officer and general counsel.

    Sabatino will remain in his current role with Walgreens Boots Alliance through the end of January to ensure a smooth transition of his current responsibilities.

  • Cypress Equities breaks ground on new park project

    Spanish Fort, Ala. -- Dallas-based Cypress Equities has officially broken ground on a 3.5-acre park project, at Spanish Fort Town Center, in Spanish Fort, Alabama.  The park is part of a major site enhancement plan, which also comprises upgraded building facades, a freshly designed sign package, along with new store and restaurant offerings.

  • Sembler promotes Beyer to lead development

    St. Petersburg, Fla. -- Josh Beyer, P.E., has been promoted to senior VP of Development at The Sembler Company, overseeing all shopping center development in Florida, the Gulf Coast, and the southeastern U.S.

    Beyer has been with the company for 12 years and, in that time, has been involved with more than 1.5 million sq. ft. of development, including Colony Plaza (The Villages, Florida), Park Street Retail Center (St. Petersburg, Florida) and Cross Creek Village (St. Cloud, Florida).

  • Operation ‘FuelCall’ underway at AAFES installations

    The Army & Air Force Exchange Service is making it easier for disabled veterans to buy gas at 370 of its stores worldwide thanks to a full-service initiative called FuelCall.

  • Washington Prime completes acquisition of Glimcher Realty

    Bethesda, Md. -- Washington Prime Group Inc. has completed its previously announced acquisition of Glimcher Realty Trust, created a new company WP Glimcher, based in Columbus, Ohio.

    Mark S. Ordan will serve as executive chairman of the combined company’s board of directors and Michael P. Glimcher will serve as the combined company’s CEO and Vice Chairman, reporting to Ordan.

  • Target to shutter Canada business

    Minneapolis – Target is calling its quits in Canada. The retailer said is closing down its troubled Target Canada business. The chain previously indicated it would review its Canadian subsidiary, which launched with great fanfare in March 2013, after the 2014 holiday season.

  • Report: Home Depot data breach class action suit begins Jan. 16

    Atlanta – A class action lawsuit compiling more than 30 of the 44 lawsuits that have been filed against The Home Depot Inc. in relation to its 2014 data breach is scheduled to begin Friday, Jan. 16 in U.S. District Court for the Northern District of Georgia in Atlanta.

    According to the Atlanta Business Chronicle, Chief Judge Thomas W. Thrash Jr. is telling attorneys for both sides to pursue a “just, speedy and inexpensive” resolution.

  • Walmart hooked on fishing sponsorship

    Walmart is supporting a trio of professional anglers on the competitive fishing circuit this year in an ongoing effort to align itself with sport that resonates with the retailer’s core customers.

    The roster of talent Walmart is supporting this year includes 16 year Walmart FLW Tour veteran Mark Rose, 18 year veteran David Dudley and newcomer Nicole Jacobs.

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