Corporate Governance

New Haven, Conn. -- Sportech Venues, owner and operator of Winners sports bars and OTB in Connecticut, will launch a major new concept in sports entertainment at the Bradley Teletheater adjacent to Bradley International Airport, in Windsor Locks. Construction concludes shortly, with the opening planned for early January 2014.

Lakeland, Fla. -- Publix Super Markets said Miami Division VP, Bill Fauerbach, would retire at the end of March.

“Bill helped grow our culture and build a solid foundation on which the Miami Division will continue to grow. We thank him for his many contributions, and he will be missed by us all,” stated Ed Crenshaw, Publix’ CEO.

Fauerbach will be succeeded by Kevin Murphy effective April 1. Murphy has been a regional director in the Atlanta Division since January 2009.

Pleasanton, Calif. -- Safeway has made its online grocery shopping website more accessible and usable for Safeway shoppers with visual impairments.

Safeway collaborated with its visually impaired customers to make the necessary changes to its website. As such, the company has adopted the Web Content Accessibility Guidelines (WCAG) version 2.0 level AA as its accessibility standard.

New York — Nearly 7,600 attendees packed into the International Council of Shopping Centers New York National Conference and Deal Making, a 9.6% spike over last year and the largest year-on-year increase since 2009.

“The New York Conference acts as a strong bellwether for industry growth in the year to come,” said Michael P. Kercheval, president and CEO of ICSC. “When the conference sees an increase in attendance, the industry grows the following year; if attendance contracts, so too does the industry.”

Boston — Boylston Properties and The Wilder Companies have completed phase one of the redevelopment of the Arsenal Mall in Watertown, Mass.The companies marked the occasion by announcing a new name for the mall: The Arsenal Project.

Completed enhancements to The Arsenal Project include a reconfigured interior layout with new seating, upgrades to the building’s exterior and landscaping. Oversized metal tree-planters now line Arsenal Street, the center’s entrance and other areas throughout the development.

Columbus, Ohio — Glimcher Realty Trust has announced that its Board of Trustees has elected Yvette McGee Brown, Esq. and Nancy J. Kramer to serve as trustees on the Board, effective Dec. 12. McGee Brown and Kramer are eligible to be nominated for re-election to the Board at the company’s 2014 Annual Meeting of Shareholders.

Bentonville, Ark. – Wal-Mart Stores has named a new president and CEO of its Indian operations. According to multiple media reports, Krish Iyler, who has been a senior VP in Wal-Mart’s international unit since January 2013, will assume his new role on Jan. 20. 2014.

Corte Madera, Calif. – Restoration Hardware grew its net income an impressive 389% to $13 million from $2.7 million in the same period a year earlier. Net revenues for the third quarter of fiscal 2013 increased 39% to $395.8 million from $284.2 million, while same-store sales increased 29%.

Gary Friedman, chairman and co-CEO of Restoration Hardware, credited net revenue growth and advertising savings as factors driving the company’s net income increase. The strong quarterly financial performance exceeded Wall Street expectations.

Fort Worth, Texas -- RadioShack will open its newest Fairfax, Va. location as a concept store on Dec. 14. The new store is the first concept store in this area.

All concept stores in the company's portfolio feature an upgraded shopping experience, which showcases the company's new look, and incorporates interactive areas designed to help shoppers improve their technology profile. Some features include:

Seattle – Nordstrom has closed a previously announced offering of $400 million aggregate principal amount of 5.00% Senior Notes due 2044. The proceeds from the sale of the notes will be used for general corporate purposes, including repayment or retirement of outstanding indebtedness due in 2014, financing of capital expenditures and working capital needs.

The notes were offered in a private placement, solely to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933.