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Corporate Governance

  • Three Decades of Retail

    Mid-America celebrates 30 years in the retail real estate information business

    Mike George likes to say that his company is in the retail real estate information business. “Our clients buy, sell and lease retail real estate,” said George, principal and president of Oakbrook Terrace, Ill.- based Mid-America Real Estate Group. “Clients that buy and sell real estate rely on us for information that helps them make the best business decisions. When clients hire us to manage and lease shopping centers, they want our information-based decisions.”

  • Tile Shop offers social media temptation

    Fast-growing flooring retailer The Tile Shop is leveraging social media with a clever contest idea to expose its expanding brand to more customers.

    The operator of 92 specialty flooring stores is giving social media users until May 22 to enter its, “Ugliest Kitchen & Bath Contest,” for a change to win $1,000 in free tile and a design consultation. All photo submissions will be eligible for weekly $100 gift card drawings. Homeowners can enter photos of their ugly kitchens and bathrooms to Facebook or Instagram using #thetileshop for a chance to win.

  • Report: J. Crew to launch new format for budget shoppers

    New York -- J. Crew Group Inc. is developing a new store format in the budget fashion sector. The company has created a brand called “J. Crew Mercantile,” and filed an application to trademark the phrase for selling clothing and accessories, both online and in stores, according to a report by the Wall Street Journal.

    The trademark application is still pending, the report said. The new brand would sell merchandise and prices that are similar to its J. Crew Factory outlet concept.

  • Weather or Not

    Preparation is key when it comes to natural disasters

  • The pen proves mighty for Newell Rubbermaid

    Sales at four of Newell Rubbermaid’s five operating divisions declined during the company’s first quarter, but overall profitability suffered as a result of baby products recall and expenses related to a transformation strategy.

  • Industry Leaders

    Real estate is a complex issue no matter what industry you’re in. For retailers, who typically operate on slim margins and are generally the first industry to feel the effects of variations in consumer spending, navigating the tricky waters of real estate can be especially challenging.

  • Seattle mayor unveils plan to raise minimum wage to $15

    New York -- Seattle Mayor Ed Murray on Thursday unveiled a plan to increase the city’s minimum wage to $15. Although Murray said the hike has broad support across local government, business and labor communities, the City Council still has to vote on the proposal.
     
    Under Murray’s plan, businesses with fewer than 500 employees would have seven years to comply and larger businesses would have three years. Further increases would be tied to inflation.
       

  • Lighting the Way With LEDs

    Increasingly, retailers are using ambient lighting to impact the in-store experience. Andrew Peck of Enlighten Luminaires spoke with Chain Store Age about retail lighting trends and the rapidly expanding use of LEDs.

    What are the biggest concerns when it comes to illuminating merchandise?

    Retailers are most concerned about the way products look, and enhancing the shopper experience.

    Where does LED lighting fit into this scenario?

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