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Corporate Governance

  • Two Columbus Square anchor tenants announce expansion

    New York -- Winick Realty Group announced that two of Columbus Square’s anchor tenants — Whole Foods and Michael’s — are expanding their footprints at the mixed-use development located in the heart of the Upper West Side of Manhattan.

    “Both Whole Foods and Michael’s have seen such great success since opening at Columbus Square,” said Winick Realty director Kelly Gedinsky. “By expanding … they are now able to accommodate the high levels of foot traffic their location demands.”

  • Clarion Partners awards JLL leasing, management of Coral Sky Plaza

    Royal Palm Beach, Fla. -- Jones Lang LaSalle Retail announced that the firm has been retained by Clarion Partners as the exclusive leasing and management agent for Coral Sky Plaza in Royal Palm Beach, Fla.

    The 233,000-sq.-ft. strip center is anchored by BJ’s Wholesale Club and is currently 97% leased.

    Coral Sky Plaza is tenanted by Ross Dress for Less, Bed Bath & Beyond, Buy Buy Baby and BJ’s Wholesale Club. Jones Lang LaSalle said it is currently seeking high-impact retailers to fill a vacant endcap space.

     

  • Hand & Stone opens at Shoppes at North Brunswick

    North Brunswick, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said that Hand & Stone Massage and Facial Spa has opened a 2,166-sq.-ft. location at The Shoppes at North Brunswick in North Brunswick, N.J.

    The open-air lifestyle center is owned by New York-based Garrison Investment Group and managed by Levin Management.

    The Shoppes at North Brunswick’s current tenant mix includes Anthropologie, Chico’s and Banana Republic, among others.

     

  • Chevy Chase Land Co. names exec

    Chevy Chase, Md. -- Chevy Chase Land Co. announced that Lucy Fraser has been named VP of asset management for the company.

    Fraser previously served as VP of property management for Combined Properties.

     

  • Former Michaels CEO named to interim chief post at Tuesday Morning

    Dallas -- Tuesday Morning Corp. announced Monday that it has named Michael Rouleau as its interim CEO, effective immediately.

    Rouleau, who served as president and CEO of Michaels Stores from 1996 to 2006, joined Tuesday Morning’s board last November. He will lead the clearance retailer until it hires a permanent CEO.

  • Reuters: Ron Johnson knew Martha Stewart deal was in conflict with Macy’s

    New York -- A Friday report by Reuters revealed that J.C. Penney CEO Ron Johnson was well aware that the retailer’s deal with Martha Stewart would step on Macy’s toes, but testified in court that the company decided to move forward anyway.

    Attorneys for Macy’s in New York state court on Friday presented Johnson with an email he sent to a Penney board member saying that Stewart would have to break her agreement with Macy’s if Johnson was going to “pull off” a deal with her.

  • Obama names Walmart Foundation president to budget post

    Washington, D.C. -- According to published reports, President Obama will nominate Walmart Foundation president Sylvia Mathews Burwell as director of the Office of Management and Budget.

  • Supervalu announces divisional leadership changes

    Minneapolis -- Supervalu announced Monday that it will make sweeping changes among its executive ranks as part of a previously announced right-sizing program.

    Newly minted president and CEO Sam Duncan has named former Kroger VP Mark Van Buskirk as EVP merchandising and marketing for Supervalu, charged with oversight of retail merchandising and marketing.

    Former Albertsons executive Rob Woseth has been named EVP chief strategy officer, overseeing real estate and corporate development, as well as strategic growth opportunities.

  • American Eagle opens in the Philippines

    Pittsburgh -- American Eagle Outfitters said Friday that its first Philippines store opened on March 1, at Bonifacio High Street in Taguig City, Manila.  
     
    The retailer said that additional stores are planned in 2013 throughout the country, operated by franchise partner Suyen Corp.

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