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Corporate Governance

  • Dick’s Sporting Goods to anchor Hadley Center

    South Plainfield, N.J. -- National Retail & Development Corp. announced Tuesday that Dick’s Sporting Goods will anchor Hadley Center in South Plainfield, N.J., joining current anchors Target, Kohl’s, Regal Cinemas and Marshalls.
     
    Dick’s will occupy 50,175 sq. ft. and plans to open in late summer 2013, which brings Hadley Center to 100% leased.

    The 542,000-sq.-ft. Hadley Center is located in a 1.4 million-sq.-ft. mixed-use development, home to more than 120 companies.

     

  • Marco’s Pizza to open new restaurant in Denver

    Denver -- The Zall Co. said Wednesday that Marco’s Pizza will open a new restaurant in Denver, marking the ninth Colorado location for the chain.

    The latest unit will join Which Wich, Noodles & Co. and T-Mobile at a retail project located between Gaylord and York Street on E. Colfax.

     

  • Pearle Vision targeting Florida, Ohio and Michigan for growth

    Mason, Ohio -- Pearle Vision announced its 2013 U.S. expansion plans, which includes the re-licensing of 34 locations in 10 states.

    With more than 520 eye care centers in the United States, Pearle Vision is now seeking to grow its national footprint and has identified Florida, Ohio, and Michigan as the first markets for its aggressive re-licensing effort. Specifically in Florida, Pearle Vision is looking to convert locations in Miami, West Palm Beach, Naples, Jacksonville, and Orlando.

  • Apple retail VP to leave

    New York -- Jerry McDougal, retail VP for Apple Inc., will be leaving the company, according to a Wednesday report by Bloomberg.

    He will be replaced by Jim Bean, a VP in Apple’s finance division.

    Company spokesman Steve Dowling told Bloomberg that Bean will be an apt replacement for McDougal, who served under former CEO Ron Johnson for many years.

  • Meijer names new president

    Grand Rapids, Mich. -- Meijer said Tuesday it has named J.K. Symancyk president of the company, effective Feb. 3. Symancyk was named COO of Meijer last year.

    “I am pleased to introduce J. K. as our next company president," said Hank Meijer, co-chairman and CEO. "J. K. has been a key member of our leadership team, including most recently as our COO, and he has played an important role in the growth and success of Meijer since joining us in 2006."

     

  • Mastercard: Canada trailed U.S. in December sales growth

    New York -- A report released Wednesday by MasterCard revealed that Canadian retail sales, which grew just 1.6% in December, trailed the U.S., which also posted less than stellar results for the month.

    Sales in the U.S. advanced 2.4% in December.

    Canada’s results were particularly disappointing, considering the country’s December sales grew 4.3% in December 2011, according to MasterCard’s SpendingPulse report.

     

  • IBM partners with Signet Jewelers on digital makeover

    Armonk, N.Y. -- IBM announced Wednesday that jewelry chain Signet Jewelers has teamed with IBM on a major e-commerce strategy and digital marketing redesign for Signet's national U.S. store chains, Kay Jewelers and Jared the Galleria of Jewelry.

    The initiative has resulted in consistent sales growth, including a year-over-year increase of 49% in online sales as reported in the company's recently announced holiday sales for fiscal 2013.

  • Target turns to Brightstar and MarketSource for mobile

    Target is relying on two new services providers to operate its mobile business following an end to its short-lived relationship with RadioShack.

  • New cosmetics line blooms at Walmart

    Flower is the name of a new proprietary cosmetics line developed by Walmart in conjunction with Drew Barrymore and cosmetics manufacturer Maesa.

    The new brand is positioned as offering department store quality at mass market prices and consists of 181 products in the eye, face, lip and nail categories with prices ranging from $4.98 to $13.98.

  • Walmart makes pledge to veterans

    NEW YORK — Walmart announced its plans to increase domestic sourcing of the products it sells and hire 100,000 honorably discharged veterans in the next five years.

    Speaking at the National Retail Federation's annual BIG Show, Walmart U.S. president and CEO Bill Simon also announced the company is helping part-time associates who want to work full-time make that transition.

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