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Corporate Governance

  • Walmart named to Washington state green list

    SEATTLE — Walmart announced that ihas been selected as one of the Washington Green 50 list by Seattle Business Magazine as part of its annual Green Washington Awards competition. Walmart was a finalist in the retail category.

  • Energy cost savings to drive HVAC innovation

    New York City -- Innovation in heating, ventilation and air-conditioning will be driven by cost savings from more efficient energy use and pressure to reduce greenhouse gas emissions, according to a recent from Pike Research.

  • Report: Limited to unveil plus-size division

    New York City -- The Limited will enter the women’s plus-size business, Women’s Wear Daily reported. The new offering, called eloquii by The Limited, will launch online in October, with stores to follow next year, the report said. 

    The merchandise mix will include sportswear, dresses and accessories, with sizes ranging from 14W to 24W.

  • Ikea goes solar with Gloria Solar in Covina, Calif.

    Covina, Calif. -- Ikea officially plugged-in the solar energy system installed at its store in Covina, Calif. The 57,000-sq.-ft. photovoltaic array consists of a 451-kW system, built with 2,002 panels.

    Ikea contracted with Gloria Solar, the U.S. operating group focused on the photovoltaic business within the family of E-Ton Solar Group, for the development, design and installation of this customized solar power system

  • 360buy.com named Pure Play Etailer of the Year at Oracle World Retail Awards

    Berlin -- 360buy.com was named the Pure Play Etailer of the Year at the Oracle World Retail Awards, which took place during the annual World Retail Congress in Berlin.

    Operated by Jing Dong Mall, China’s largest online retailer, 360buy.com provides customers with home appliances, digital devices, computers, household items, clothing and accessories, baby products, books, and food, plus 11 other large product categories, including more than 10,000 brand names and 800,000 SKUs.

  • Ace Hardware to build Import Re-Distribution Center in Virginia

    Oak Brook, Ill. -- Ace Hardware Corp. has selected Suffolk, Va., for the company’s new 336,000-sq.-ft. Import Re-Distribution Center (RDC). Construction is scheduled for completion May 1, 2012.

    The facility will allow the company to reduce import and logistics costs and provide an even higher level of service to East Coast retailers, making it possible for Ace stores to more effectively respond to consumer needs dictated by hurricanes and other weather emergencies in the region.

  • Burberry, Walgreens and Tesco among winners of Oracle World Retail Awards

    Chicago -- Burberry, Walgreens, Ralph Lauren’s Roger Farrah and Tesco were among the winners at the annual Oracle World Retail Awards, which took place on Tuesday during the annual World Retail Congress in Berlin.

    Burberry took home the Retailer of the Year Award. The luxury brand was cited for its far-sighted leadership, professionalism and a compelling offer across multiple platforms.

  • Wal-Mart names CEO of new regional management team

    Bentonville, Ark. -- Wal-Mart Store announced the appointment of David Cheesewright as executive VP, president and CEO of a new regional management team. In this newly created role, he will lead Walmart's retail operations in Canada, the United Kingdom and Sub-Saharan Africa, and will oversee business development in Europe, the Middle East, Africa and Canada.

    Cheesewright will assume his role immediately and report directly to Doug McMillon, president and CEO, Walmart International.

  • Cabela’s appoints marketing and online chief

    Sidney, Neb. -- Cabela’s announced that Scott K. Williams has been named executive VP and chief marketing and e-commerce officer.

    Previously, Williams served as president of Fanatics, a vertically integrated online retailer of team and league licensed sports apparel and collectibles, which he joined in 2010. Prior to that, he was a corporate VP Wal-Mart Stores from 2006 to 2010.

  • Centro Properties Group changes name to Brixmor Property Group

    New York City -- Centro Properties Group US is changing its name to Brixmor Property Group, effective immediately. The name change follows the acquisition of the company in June by an affiliate of Blackstone Real Estate Partners VI L.P.

    Brixmor is the second largest owner of community and neighborhood shopping centers in the United States with 585 properties aggregating approximately 92.0 million sq. ft. and has been a leader in value-creating redevelopment over the last decade.

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