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Corporate Governance

  • Dick's Sporting Goods opens two New York stores

    Dallas -- SRS Real Estate Partners announced that Dick’s Sporting Goods has executed leases and opened stores with affiliates of Forest City Enterprises at two projects in Metro New York.

    A 49,286-sq.-ft. Dick’s opened at Forest City Ratner’s Ridge Hill project in Yonkers, N.Y., anchoring the one million-sq.-ft. center.

    A 35,685-sq.-ft. Dick’s also opened in Staten Island, in a freestanding location in front of Staten Island Mall.

  • Great Clips to open at Shoppes at Citrus Park

    Tampa, Fla. -- Orlando, Fla.-based Crossman & Co. said that it has negotiated a five-year lease at the Shoppes of Citrus Park, in Tampa, Fla.

    Great Clips will open a 1,200-sq.-ft. shop at the Shoppes of Citrus Park.
     

  • HomeGoods to open at Southlake Corners

    Southlake, Texas -- Oak Brook, Ill.-based Inland Western Retail Real Estate Trust said that Inland Western Southlake Corners Limited Partnership, one of its wholly owned subsidiaries, signed a lease with HomeGoods to occupy a 28,098-sq.-ft. location at Southlake Corners in Southlake, Texas. 

    Southlake Corners is a 134,894-sq.-ft. center anchored by Toys “R” Us/Babies “R” Us, Staples and Casual Living.
     

  • Dots, Gymboree Play and Music join Westridge Court

    Naperville, Ill. -- Brixmor Property Group announced two retailers will join Westridge Court, located in Naperville, Ill.

    A 4,466-sq.-ft. Dots recently opened at Westridge Court.  And a 4,000-sq.-ft. lease has been executed with Gymboree Play and Music. 

    Brixmor, based in New York City, is the owner of Westridge Court.

  • Target’s Missoni Moment

    The fashion and retail blogospheres went into overdrive with complaints about how Target botched the launch of its latest and exclusive limited time collection, Missoni for Target. And shoppers across the nation took to Facebook, Twitter and other sites to share their frustrations. The folks who seemed to be the most put-out were those who ordered goods online.  After experiencing long delays and going through any number of hurdles before they were even able to place an order, many are now being told that their orders would be delayed or, even worse, canceled.

  • Build-a-Bear swings to profit in Q3

    St. Louis -- Build-A-Bear Workshop reported Thursday a profit of $0.9 million for the third quarter, compared with a loss of $1.4 million in the year-ago period.

    Sales rose 3.1% to $95.4 million, and same-store sales increased 1.1%.

    “We remain optimistic about our business and expect the ongoing implementation of our strategies to enable us to continue our positive performance,” said Maxine Clark, Build-A-Bear Workshop’s chairman and chief executive bear. International revenue surged 14%.

  • Panera Bread on EPA’s list of top green power purchasers

    New York City -- The U.S. Environmental Protection Agency announced that Panera Bread’s 35 Maryland locations are on EPA's list of top green power purchasers among retailers.
     
    The company’s green power purchase of more than 11 million kilowatt hours for its 35 Maryland bakery-cafes is equivalent to avoiding the yearly carbon dioxide emissions of nearly 1,400 passenger vehicles or from more than 800 average American homes’ electricity use.

  • Rite Aid same-store sales up 2.9% in October

    Camp Hill, Pa. -- Rite Aid Corp. reported Thursday that same-store sales increased 2.9% in October, boosted by a 3.6% surge in pharmacy same-store sales. Front-end same-store sales edged up 1.3%.

    Total drugstore sales for the four-week period increased 2.8% to $1.96 billion compared to $1.91 billion for the same period last year.

  • Alliance Data teams with Christopher & Banks on credit card services

    Dallas -- Alliance Data Systems Corp. said Thursday that it has signed a new long-term agreement to provide private-label credit card services for Christopher & Banks.

    Under terms of the agreement, Alliance Data will provide Christopher & Banks and CJ Banks with private-label credit card services, as well as beefed-up loyalty benefits.

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