Corporate Governance

STERLING, Ill. — Personal care products manufacturer Wahl and Petfinder.com have teamed up in honor of National Dog Adoption Month with a unique pet photo contest to support America's shelters.

According to Petfinder.com Foundation, more than eight million animals are placed in shelters annually, but only half of them ever get adopted. The number of dogs adopted is lowest in the months of October, November and December.

Menomonee Falls, Wis. -- Kohl’s Department Stores has been recognized with a 2012 Sustained Excellence in Green Power Award from the U.S. Environmental Protection Agency. This is the company’s sixth consecutive year receiving a Green Power Leadership Award.

Kohl’s purchased 1.5 billion kilowatt-hours (kWh) of green power in 2012 and generates more than 28 million kWh through its solar program, offsetting more than 100% of the company’s electricity use for the third consecutive year.

Cincinnati -- Macy's is enhancing its presence in the Las Vegas market. The department store retailer has signed on as the first anchor tenant at the Shops at Summerlin, in west Las Vegas.  

Macy’s will build a two-level, 180,000-sq.-ft. store in the open- air center, which is being developed by The Howard Hughes Corp. The new Macy’s is expected to open in fall 2014, with construction beginning in fall 2013.

The 1.5 million sq.-ft. Summerlin will feature over 125 stores and restaurants.

Round Rock, Texas -- Ikea has officially plugged in its largest U.S. rooftop solar installation to date, at its store in Round Rock, Texas. When combined with Ikea projects atop stores in Houston and Dallas-area Frisco, the new installation also makes Ikea the largest solar owner in Texas.

By Sandra Gold Slon

New York -- IPG Real Estate said Monday that Amish Market, a landmark Manhattan gourmet market located in the Midtown neighborhood of TriBeCa, is being offered for sale in hopes of an offer prior to an auction slated for November 2012.

The supermarket/deli features 7,500 sq. ft., including 1,000 sq. ft. of mezzanine, supported by 2,000 sq. ft. of basement space. An initial review by a court-appointed Chapter 11 trustee verified $8.2 million in sales from a September 2011 to an August 2012 time period.
 

Dallas -- Venture Commercial announced that True Food Kitchen will open a 5,915-sq.-ft restaurant at The Plaza at Preston Center, a five-story mixed-use development under construction in Dallas.

True Food, a Fox Restaurant Concepts brand, is slated to open in 2013 in a ground-floor space of a building that is devoted to retail tenants.

Wilmington, Del. -- Metro Commercial Real Estate announced that Books-A-Million has signed a lease for a 30,077-sq.-ft. former Borders located at 101 Geoffrey Drive in Christiana (Wilmington), Del.

The new Books-A-Million is expected to be open before year end.

Portsmouth, N.H. -- Boston-based The Wilder Cos. said that Guitar Center will open a 7,358-sq.-ft. store at Durgin Square in Portsmouth, N.H. The new store will host a grand opening on Sept. 27.

Durgin Square is tenanted by TJ Maxx, HomeGoods and Shaw’s.

Wilder Cos. is the management company for the shopping center.

Menomonee Falls, Wis. -- Kohl’s Department Stores has entered into a partnership with Derek Lam, who will be the second designer for the retailer’s DesigNation limited-edition collection. The retailer said the upcoming collection will draw creative influence from the designer’s recent trip to Rio de Janeiro, Brazil.