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Corporate Governance

  • 20+ Sears Hometown stores debut kitchen remodeling services

    Delran, N.J. -- More than 20 Sears Home Appliance Showroom and Sears Appliance & Hardware stores in New Jersey, Pennsylvania and Delaware have unveiled kitchen remodeling services from Kitchen Tune-Up, a national kitchen and bath remodeling franchise.

    The stores feature an interactive Kitchen Tune-Up kiosk, where customers can learn about options to update their kitchens, view cabinet door samples and use an iPad to see project ideas and book appointments.

  • Fiesta taps AMTdirect’s real estate management expertise

    Charlotte, N.C. — Fiesta Restaurant Group has selected the AMTdirect software platform to manage its portfolio of more than 300 company-owned and franchised locations in the U.S. and Latin America.

    AMTdirect’s integrated platform will streamline processes, consolidate real estate data across the business and provide Fiesta with a 360-degree view of its entire portfolio.

  • Rite Aid chooses AMTdirect’s real estate management solution

    Charlotte, N.C. — Rite Aid Corporation has selected AMTdirect’s real estate software solution to manage its portfolio of more than 5,800 locations. AMTdirect’s integrated platform will help Rite Aid define and implement its real estate strategy by consolidating data, streamlining key business processes and informing decision-makers at all levels.

  • Charter arranges TJX lease at Meriden Mall

    Meriden, Conn. — A TJX Marshall’s store has leased a 23,137-sq.-ft. space at the Meriden Mall in Meriden, Conn. Charter Realty and Development represented the TJX Company in the transaction. Charter Realty is TJX’s exclusive broker for Connecticut, and this is the 25th lease TJX lease the company has arranged.

    Anchored by Best Buy, Dick’s Sporting Goods and Macy’s, the 894,435-sq.-ft. mall, owned by The Westfield Group, has 142 stores and ranks as the seventh largest mall in Connecticut.

     

  • Simon and Tanger break ground on Charlotte Outlets

    Indianapolis — Simon Property Group and Tanger Factory Outlet Centers have announced that construction has begun on Charlotte Premium Outlets. The first phase of the planned 400,000-sq.-ft. center will open in the summer of 2014. The project is a 50/50 joint venture between Simon and Tanger.

    Charlotte Premium Outlets will feature Saks Fifth Avenue Off 5th and more than 90 other outlet stores.

    Tanger is providing site development and construction supervision to the venture. Simon is providing management services and marketing.

  • Pearle Vision, Lyndhurst, Ohio

    Pearle Vision has debuted a new store design, in Legacy Village, Lyndhurst, Ohio. The  Cleveland-area store features a completely revamped look,  from a new brand logo and signage to modernized displays and a completely transformed floor plan.

    The design, by WD Partners, incorporates the company's rich history, with a new eyeglass icon that speaks to the heritage of Dr. Pearle and the Pearle Vision brand. Accompanying the new logo and signage is "Est. 1961," a tribute that reinforces the company's commitment to a 50-year legacy.

  • Report: Target plans fewer holiday hires

    Minneapolis – Target Corp. reportedly plans to hire 70,000 seasonal workers for the upcoming holiday season, about 20% less than the 88,000 seasonal workers it hired for last year’s holiday season.

    According to the Associated Press, Target wants to give full-time employees more opportunity to take on extra holiday hours. The retailer also wants to better anticipate and schedule for fluctuations in holiday traffic. About one-third of seasonal employees brought on last year obtained full-time jobs at Target.

  • Studies: Cross-channel key to customer experience

    Redwood Shores, Calif. – Cross-channel experiences are vital to customer experience. Recent customer experience studies of retail executives — by Oracle Corp. and Tata Consultancy Services — show that to 50% and 47% of respondents, respectively, cross-channel experiences are vital to providing overall customer experience.

  • RSR Research: Retailers doubt marketing proficiency

    Walnut Creek, Calif. – While the percentage of retailers who think they know about their customers is rising, fewer retailers think they are proficient in using that knowledge for marketing purposes. According to a new study from RSR Research, “Retail Marketing 2013: Organizational Drift,” 36% of retail marketers said their customer loyalty program is a foundational element of their marketing strategy in 2013, compared to 32% last year.

  • Bon-Ton appoints Spencer exec to board

    York, Pa. - The Bon-Ton Stores, Inc. board of directors has unanimously elected Steven Silverstein to its board, effective immediately. Silverstein will serve on the Human Resources and Compensation Committee.

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