Skip to main content

Corporate Governance

  • Pep Boys continues expanding new format

    The Pep Boys is converting 18 recently acquired Service & Tire Centers in Southern California to its new Road Ahead format and preparing for the grand reopening of six supercenters and five Service & Tire Centers in Tampa, Fla.

    The company already converted nine Service & Tire Centers to the Road Ahead format this year, and reported that performance at those stores has been ahead of original projections. The company also plans to convert three additional smaller markets (20 supercenters) in the first half of 2014.

  • NRF: Retail imports up for December, full year 2013

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to grow 1.8% in December, compared to the same month last year, and the year should end with an increase of 2.3% from 2012. According to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates, U.S. ports followed by Global Port Tracker handled 1.43 million Twenty-Foot Equivalent Units (TEU) in October, the latest month for which after-the-fact numbers are available.

  • Mobile commerce platform developer adds four new merchant members

    Giant Eagle, Rite Aid, ExxonMobil and Kum & Go are among the growing number of merchants to become members of the Merchant Customer Exchange’s group, which is made up of leading merchants dedicated to improving the shopping experience by offering consumers a widely accepted, customer-focused and secure mobile commerce platform.

    With these new member additions, more than 50 merchants are now part of MCX, representing more than 100,000 locations and more than $1 trillion in payments annually.

  • Former Bliss exec is new face of skin care brand Ahava

    Dead Sea mineral-based skin care brand Ahava has appointed Beth Ann Catalano as president of Ahava North America, effective Jan. 1, 2014. Catalano succeeds Elana Drell-Szyfer, who recently joined the ranks at Kenneth Cole Productions.

  • CBRE completes sale of Kohl’s in Avondale, Ariz.

    Phoenix — CBRE has completed the sale of a single tenant net leased Kohl’s department store at the Alameda Crossing shopping center in Avondale, Ariz. The 88,402-sq.-ft. retail property on 8.89 acres commanded a price of $10.6 million.

    CBRE’s Phoenix office represented both the buy and the seller in the transaction. The seller was La Jolla, Calif.-based Collins Family Trust, Stanford Decedents Trust and Sarn Family Trust. The buyer was Investors Associated LLP of Oconomowoc, Wis.

  • ICSC’s U.S. Design and Development Award winners are ...

    New York — The annual ICSC U.S. Design and Development Awards competition focuses on four general categories: Innovative Design and Construction of a New Project; Renovation or Expansion of an Existing Project; Sustainable Design; and Retail Store Design.

    The 2013 gold winners in the New Development category are City Creek Center, Salt Lake City, and Mosaic District, Fairfax, Va.

    In the Renovations and Expansions, the silver winner is: Cross County Shopping Center, Yonkers, N.Y.

  • Linens ‘n Things ready to grow again

    The once bankrupt and liquidated retailer Linens ‘n Things is poised for a comeback following an acquisition of the brand by Galaxy Brand Holdings.

  • Stuart Weitzman names global president

    New York -- Stuart Weitzman, the luxury footwear brand owned by The Jones Group Inc., has appointed Francois Kress to the newly created position of global president.

    Kress, formerly president and chief operating officer of The Row (New York), will oversee all aspects of the Weitzman brand’s global retail and wholesale business and he will assume the role of strategic leader for new initiatives and brand extensions.

X
This ad will auto-close in 10 seconds