Corporate Governance

St. Clairsville, Ohio -- Youngstown, Ohio-based Cafaro Co. said Wednesday that MC Sports will debut in the area with a new store at Cafaro’s Ohio Valley Mall, in St. Clairsville, Ohio, in July.

The new store will be located next to Sears, occupying nearly 23,000 sq. ft. of retail space.

Naples, Fla. -- Indianapolis-based Kite Realty Group said that Earthwise Pet Supply has leased 3,020 sq. ft. at Pine Ridge Crossing, located in Naples, Fla.

The landlord is KRG Pine Ridge.

Beachwood, Ohio -- DDR Corp. announced Monday that, during the first quarter, it acquired two prime assets in Dallas and in Oakland, Calif., for $81 million.

Also during the quarter, DDR disposed of $46 million of non-prime assets, including $8 million of non-income producing assets.

Seattle -- Nordstrom announced plans to open two Nordstrom Rack locations, one in Oklahoma City, and the other in San Francisco.

Nordstrom Rack will open at Belle Isle Station in Oklahoma City. The approximately 34,000-sq.-ft. store, scheduled to open in fall 2013, and will be the retailer's first location in the state.

In San Francisco, Nordstrom Rack signed a 45,496-sq.-ft. lease for a space at the 901 Market Street property, which owned by Hudson Pacific Properties.

Seattle -- Starbucks Coffee Company reaffirmed its commitment to accelerate growth in Southeast Asia, announcing plans to open 100 stores in Indonesia over the next three years and another 100 stores in the Philippines over the next four years.

Starbucks entered Southeast Asia in 1996 with its first store in Singapore. The company currently operates more than 700 stores across six countries, including Indonesia, Malaysia, the Philippines, Singapore, Thailand and, most recently, Vietnam.

Wise, Va. -- Brixmor Property Group announced on Monday that Dollar Tree has opened a 9,000-sq.-ft. store at Ridgeview Centre, located in Wise, Va.

Brixmor, based in New York City, is the owner of Ridgeview Centre.
 

Exton, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said Tuesday that Francesca’s Collections has opened at its Exton Square Mall property, in Exton, Pa.

The arrival of the 1,300-sq.-ft. Francesca’s store will soon be joined by Teavana, which is set to open a 1,000-sq.-ft. store this summer.

New York -- Real estate industry veteran Laura Pomerantz said Monday she has launched a new firm, Laura Pomerantz Real Estate, focused on retail and office real estate transactions.

“As the retail landscape continues to evolve and companies re-evaluate their real estate portfolios, we look forward to working closely with our clients to develop both domestic and global real estate strategies that best facilitate growth and defines their brands,” said Pomerantz, founder and president, New York City-based Laura Pomerantz Real Estate.

ROSEVILLE, Calif. — Revionics, a provider of end-to-end merchandise optimization solutions, that it has named John Greenfield as SVP global business development. Greenfield has been successfully serving as Revionics’ VP channels and alliances. In his new role, Greenfield will be responsible for identifying, creating, and growing strategic global partnerships and alliances that will support accelerated revenue growth for the company.

Lululemon Athletica, manufacturer of yoga-inspired athletic apparel has announced that its chief product officer, Sheree Waterson, will be leaving the company effective April 15.

“We appreciate the many contributions that Sheree made during her time with lululemon, particularly in the area of design,” said Lululemon’s CEO Christine Day.

Waterson joined Lululemon in 2008 and has more than 25 years of consumer and retail industry experience.