Corporate Governance

Niles, Ohio -- Kearney, Neb.-based teen retailer The Buckle said it has opened a new location at Eastwood Mall in Niles, Ohio.

The store, the company’s 21st in the state, celebrated its grand opening on July 16.
 

New Orleans -- Covington, La.-based Stirling Properties said that The Fresh Market will open a new store in New Orleans on July 25, marking the grocery retailer’s fourth store in the state.

“We are excited to open our store in New Orleans and to expand our reach in Louisiana,” said Craig Carlock, Fresh Market president and CEO. “We look forward to introducing The Fresh Market’s concept of quality perishables, excellent customer service and a unique atmosphere to an expanded customer base.”    

Springfield, Pa. -- Ulta Beauty said it will open at Springfield (Pa.) Mall in fall 2012.

The 10,328-sq.-ft. store will feature a full-service salon in addition to its customary offerings, and will join anchors Macy’s and Target along with more than 70 specialty retailers at the center.

Springfield Mall is owned by Pennsylvania Real Estate Investment Trust (PREIT) and Simon Property Group.
 

Katy, Texas -- Soma Intimates said it will open a new boutique at LaCenterra at Cinco Ranch, located in Katy, Texas.

The new store is slated to open July 23.

A joint venture of Houston-based Vista Equities Group and Denver-based Amstar Group, LaCenterra at Cinco Ranch is a mixed-use town center development located within the 7,600-acre master planned community of Cinco Ranch.

Phase I of LaCenterra opened March 1, 2007 with approximately 170,000 sq. ft.
 

Bedford, Ind. -- Beachwood, Ohio-based Chase Properties said it has acquired Williams Crossing in Bedford, Ind., from Horne Properties.

Williams Crossing is a 50,000-sq.-ft. shopping center that is shadow-anchored by a Super Walmart. Other tenants in the center include Dollar Tree, Maurices, Shoe Show and Hibbett Sports. Marcus & Millichap brokered the sale.
 

Lakewood, Colo. -- Outlet and value shopping center Colorado Mills announced the hiring of Deborah Celaya as director of marketing and business development.

In her new role, Celaya will be responsible for strategic marketing, business development, public relations, tenant relations, guest services and tourism.

Celaya most recently held a senior executive position at Race Partners, and has previously served as group VP for General Growth Properties.

ABILENE, Kan. — Alco this week began offering products for sale on its website. The company has launched an e-commerce site that will offer more than 10,000 items. Features of the site include "24/7" online shopping in a secure, searchable web environment, plus delivery to home or place of business.

SAN JOSE, Calif. — Revenue at eBay soared 23% to $3.4 billion during the company's second quarter, thanks to strong performances in its Marketplaces and PayPal businesses.

ENGLEWOOD, Colo. — Dollar General will now offer Westerm Union branded  general-purpose reloadable (GPR) prepaid cards at Dollar General’s more than 10,000 stores in 40 states.

Retailers should brace for strong back-to-school sales according to a National Retail Federation survey that shows a surge in K-through-12 and college spending.