Corporate Governance

Dallas -- Alliance Data Systems Corp. has signed a multi-year renewal agreement to continue managing the private label credit card program for duty-free jewelry retailer Little Switzerland.

Honolulu -- Columbus, Ohio-based Glimcher Realty Trust announced plans to acquire 80% indirect ownership interest in Pearlridge Center, located in Honolulu, for about $290 million from partner Blackstone Real Estate Partners.

“With sales of nearly $500 per square foot and a dynamic growth profile, this strategic investment is consistent with our goal of enhancing the quality of our real estate portfolio,” said Michael Glimcher, chairman and CEO, Glimcher.

Corpus Christi, Texas -- Dolphin Ventures and EWB Development announced that they will develop The Outlets at Corpus Christi Bay, located in Corpus Christi, Texas.

The project will be a partnership with the Lockard Cos.

Phase one, slated to contain 281,526 sq. ft., is targeted for a late 2013 opening.

“This center will fill a void in the Texas market and is one of the very last major tourist destinations in the U.S. without an outlet center,” said Lisa Quier Wagner of Dolphin Ventures and EWB Development.

San Diego -- Marcus & Millichap Real Estate Investment Services said it has named Phil Sambazis senior director of the firm’s National Retail Group in San Diego. Sambazis joined Marcus & Millichap in March 2006 and specializes in the acquisition and disposition of retail shopping centers and net-leased investments.

Marcus & Millichap has also named Kevin W. Boeve senior director of the firm’s National Retail Group in Ontario. Boeve joined Marcus & Millichap in June 1999.

North Plainfield, N.J. -- Levin Management announced that it has named Joe Lowry as director of acquisitions and business development for the company.

The 25-year commercial real estate industry veteran joined Levin in 2009 as director of acquisitions. His added responsibilities reflect the firm’s ongoing focus on adding new clients from among institutions, fund managers and private owners it does not already serve.

Dallas -- SRS Real Estate Partners announced three new hires in brokerage, marketing and research.

Scott Poehler, Alexandra Hilker and Kyle West have joined the SRS teams in Newport Beach, Calif.; Denver, and Orlando, Fla.

Scott Poehler has joined SRS as an associate in the Newport Beach office, coming to SRS from Keller Williams Realty.

Baltimore -- Jones Lang LaSalle announced Monday that its Retail Group has been selected by Ashkenazy Acquisition Corp. as the property manager of The Village of Cross Keys, a two-level, open-air retail center north of downtown Baltimore.

The Village of Cross Keys is a mixed-use center with 179,000 sq. ft. of office space and an 81,000-sq.-ft. retail center featuring Chico’s, Williams-Sonoma and Talbots, among others. The retail offerings on site are complemented by a 146-room Radisson Hotel, 700 residential units and a large office park.

Deerfield, Ill. -- Walgreens’ fiscal second-quarter earnings fell 7.7% due in part to its decision to leave the Express Scripts pharmacy network. But its performance still topped analyst expectations. A mild flu and cough/cold season also cut into its performance.

The chain said its net income dropped to $683 million in the three months ended Feb. 29, 2012, compared with $739 million a year ago. Revenue rose 0.8% to $18.65 billion, from $18.5 billion a year earlier. Same-store prescriptions filled fell 4.9%. Revenue from the front-end was up 2.1%.

New York -- Robert Graham announced that it has signed a lease agreement to open a store in The Mall at Short Hills, Short Hills, N.J. The store will carry the complete range of Robert Graham-branded merchandise, including men's sportswear, premium denim, tailored clothing, furnishings, accessories, outerwear, and women's sportswear.

The Robert Graham store will open this summer.

New York -- Dollar General Corp. will buy back about $300 million in shares from Buck Holdings L.P., the company's controlling shareholder.

The repurchase deal with Buck Holdings is part of the company's previously announced $500 million stock buyback program, Dollar General said in a filing with the U.S. Securities and Exchange Commission.