Corporate Governance

East Rutherford, N.J. -- The Hudson Group is opening 19 new stores at the soon-to-open Tom Bradley International Terminal at Los Angeles International Airport (LAX). The stores include Bulgari, Emporio Armani, Michael Kors, Coach, Hugo Boss, Bliss, Victoria’s Secret, Tumi, Fred Segak, Kitson, Travel & Leisure, See’s Candies, Virgin/Boost, Pinkberry, Entertainment Weekly News, CNN Newsstand Los Angeles, Angeleno, and Hudson.

East Rutherford, N.J. -- The Hudson Group is opening 19 new stores at the soon-to-open Tom Bradley International Terminal at Los Angeles International Airport (LAX). The stores include Bulgari, Emporio Armani, Michael Kors, Coach, Hugo Boss, Bliss, Victoria’s Secret, Tumi, Fred Segak, Kitson, Travel & Leisure, See’s Candies, Virgin/Boost, Pinkberry, Entertainment Weekly News, CNN Newsstand Los Angeles, Angeleno, and Hudson.

Chesapeake, Va. – Shareholders of Dollar Tree re-elected 11 members of the board of directors at the company’s annual meeting on June 20. Arnold S. Barron, Macon F. Brock, Jr., Mary Anne Citrino, H. Ray Compton, Conrad M. Hall, Lemuel E. Lewis, J. Douglas Perry, Bob Sasser, Thomas A. Saunders III, Thomas E. Whiddon, and Carl P. Zeithaml each received a majority of votes to serve another term on the board of directors.

New York  -- Los Angeles is on the fast track to becoming the largest city in the nation to move toward a ban on “single-use” plastic bags after the City Council passed a resolution barring their use in supermarkets, convenience stores and any big retailer, which would include Target and Walmart, that sells groceries.

Denver -- Natural Grocers by Vitamin Cottage said Thursday it is opening its second Oklahoma location – in Tulsa – on June 25. The newest store joins an existing location in Norman.

The Tulsa Natural Grocers continues the organic supermarket’s commitment to the environment, incorporating green features such as energy-efficient motion light sensors, 100% post-consumer content tiles, high efficiency heat-exchange systems, polished concrete flooring and commercial-grade LED lights.

Quebec, Canada -- Canadian home-improvement chain Rona Inc. said Thursday it has reached an agreement to sell off its plumbing, heating, ventilation and air conditioning business to Emco Corp. in a deal worth about $207 million.

The division sells plumbing, heating, ventilation and air conditioning systems to commercial and industrial construction customers. The move is expected to add additional financial stability to the company, which is in the midst of a three-year turnaround plan.

New York -- A report released Thursday by Bloomberg said that consumer sentiment climbed during the week ended June 16 to minus 29.4, compared with minus 31.3 a week earlier and representing a lift after a two-month low. In fact, according to the Bloomberg Consumer Comfort Index, Americans’ views on the economy were the least pessimistic in five years.

The monthly Bloomberg consumer economic expectations gauge for June held at minus 1, matching May’s reading as the best this year.

Oro Valley, Ariz. -- La Hacienda #10 Mexican Restaurant has inked a lease for 3,619 sq. ft. in the Placita de Oro shopping center in Oro Valley, Ariz. Commercial Retail Advisors represented CTW-FVP, the landlord.

Fred Wang, an independent real estate broker represented the restaurant.
 

New York -- Dollar Tree / Deal$ has leased 8,000 sq. ft. on Steinway St. in Astoria, New York, according to SRS Real Estate Partners.

The SRS New York City office represented the tenant, and Lucid Vass Realty Group represented Astoria Properties Company, the landlord.

Cherry Hill, N.J. -- Canadian apparel retailers Dynamite recently opened at Cherry Hill Mall. The 2,800-sq.-ft. store is one of the retailer’s first locations in the United States and it’s first in New Jersey. The fashion-forward retailer has more than 250 stores.

Owned by Pennsylvania Real Estate Investment Trust, the 1,306,800-sq.-ft. mall is anchored by Nordstrom, Macy’s and J. C. Penney.