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Corporate Governance

  • Sleepy’s opens 1,000th store

    Hicksville, N.Y. --Sleepy's announced that with the grand opening of its new location in Joliet, Ill., the privately-owned mattress retailer's store count reached a landmark 1,000 stores. "It is with great pride that we announce our thousandth-store milestone," said Sleepy's president, David Acker. "Sleepy's has been around since 1957, and we are very proud of this latest accomplishment. It won't stop here."
  • Analysis: Gap Raises the Bar on Digital Revolution with New CEO Appointment

    By Les Berglass    The appointments of new chief executives of major brands always cause a stir, but Gap Inc.’s recent announcement that Art Peck would succeed Glenn Murphy hit Wall Street like a truck. Why? Because the investment community  wanted a more predictable, standing CEO—it likes stability. But the truth is, this is a positive and revolutionary change.   
  • Whole Foods Market launches first-ever national advertising campaign

    Austin, Texas -- Whole Food Market on Monday launched its first national brand campaign, a multichannel advertising initiative. The effort is spearheaded by seasoned marketing veteran Jeannine D’Addario, Whole Foods’ new global VP of communications.   
  • DDR and Blackstone JV closes on $2 billion 71-center purchase

    Beachwood, Ohio --DDR Corp. and an affiliate of Blackstone Real Estate Partners VII announced that a joint venture formed by the pair has closed on the acquisition of 71 shopping centers previously owned by American Realty Capital Properties for $1.93 billion.
  • The Fresh Market opens at The Village at Livingston

    Livingston, N.J. -- The Fresh Market celebrated its official opening at The Village At Livingston with “cracking the parmesan,” a centuries-old art and company tradition. The store, which occupies 23,000 sq.ft  at the 93,000-sq.-ft. shopping center managed and developed by Eastman Companies, marks the upscale specialty grocer’s third location in New Jersey.  
  • Industry Commentary: C-stores evolving quickly amid rising expectation

    Las Vegas -- Today’s convenience stores face growing pressure to evolve amid the ramped-up expectations of global consumers, according to remarks made by Joseph Bona, president of branded environments at brand agency and retail design consultancy CBX, and Dan Munford, managing firector of U.K.-based Insight, convenience and petroleum retail strategy specialists, at the National Association of Convenience Stores’ annual convention in Las Vegas.  
  • Under Armour nabs Neiman exec for board

    Karen Katz, president and CEO of Neiman Marcus Group, has been appointed to the board of directors of Under Armour Inc.

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