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Corporate Governance

  • 99 Cents Only Q4 net sales increase nearly 10%

    CITY OF COMMERCE, Calif. — 99 Cents Only Stores announced its financial results for the fourth quarter and full-year fiscal 2013 ended March 30, 2013.

    The company's net sales increased 9.7% to $434.8 million for the fourth quarter of fiscal 2013 compared to $396.4 million for the fourth quarter of fiscal 2012. Same-store sales, calculated on a comparable 13-week period, increased 4.4%.  

  • More users and mobile efforts move eBay forward

    Revenues at eBay increased 14% to $3.9 billion during the second quarter ended June 30 and profits adjusted to exclude the impact of a divested business increased to $822 million, or 63 cents a share, compared to $730 million, or 56 cents a share.

  • NFL to set up e-commerce shop in Chinese market

    New York -- The National Football League has signed an exclusive agreement with Export Now to establish an official online store in China. Similar to its current U.S. e-commerce store, NFLShop.com, the China iteration will sell apparel, equipment and accessories branded with the logos of the NFL and its 32 teams over an e-commerce platform on China's Tmall.com business-to-consumer website.

    The new online store is slated to debut in September, in time for the 2013 NFL season.

  • Red Robin names chief people officer

    Greenwood Village, Colo. -- Red Robin Gourmet Burgers has named Cathy Cooney as senior VP and chief people officer of the burger chain. Cooney will be responsible for leading the development and execution of human resource strategies.

    Before joining Red Robin, Cooney served as executive VP of human resources for Carefusion, a $4 billion medical technology company.

     

  • Yankee Candle names Canada GM, to grow Canadian store count to 50

    South Deerfield, Mass. -- The Yankee Candle Co. has appointed Chris Kelly as general manager, Canada, charged with overseeing all aspects of the Yankee Candle business in Canada.  

  • Muscle Maker Grill relocates in Manhattan

    New York -- Muscle Maker Grill has moved from its Eighth Avenue Manhattan location, which was damaged by Hurricane Sandy, to Seventh Avenue between 16th and 17th Streets in Chelsea, according to Winick Realty Group. The new Muscle Maker will open in late summer or early fall.

    Winick represented Muscle Maker, and Duell Management, the landlord, was represented in-house.

     

  • Levin Management announces new assistant VP marketing

    North Plainfield, N.J. -- Levin Management has promoted Melissa Sievwright to assistant VP marketing from director of marketing. Sievwright joined the company as associate marketing director in 2010.

    When she moved up to director of marketing, she took on the firm’s corporate branding efforts, implemented promotional campaigns for client properties and supported Levin’s efforts to market vacancies within the company’s 90 shopping centers.

  • Fort Worth’s West 7th inks two new leases

    Fort Worth, Texas -- Brewsters Burger Bar and Chiro One Wellness Centers have leased space in the Fort Worth mixed-use development of West 7th, according to Cypress Equities, the property’s developer.

    Brewsters Burger Bar will open a 2,969-sq.-ft. location in December of this year.

    Chiro One Wellness Centers will open a 2,563-sq.-ft. location in fourth quarter 2013. It will be the tenth Chiro One in the Dallas-Fort Worth metropolitan area.

     

  • Epic Stores leases Phoenix big-box

    Phoenix -- GDC/RE has leased a 47,036 former Phoenix Safeway to Epic Stores. The transaction marked GDC/RE’s tenth lease of more than 10,000 sq. ft. in the last 12 months.

    “Arizona has been seen as the poster child of big-box vacancy in recent years,” says Joe Doucett, co-founder and designated broker of GDC/RE. “Our firm has re-tenanted every anchor and other large-format space in our portfolio.”

     

  • CBRE-Grossman to lease Mohegan Sun in Palmer, Mass.

    Boston -- Finard Properties has appointed CBRE-Grossman Retail Advisors as the exclusive leasing agent for the retail, restaurant and entertainment component of the proposed Mohegan Sun Massachusetts destination resort casino in Palmer, Mass.

    The $1 billion project will feature two hotels, an aqua entertainment park, casino gaming and branded retail stores and restaurants.

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