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Events

  • A food desert solution set to open next month in Chicago

    Walmart executive were said to be among a group of major retailers who met with Chicago Mayor Rahm Emanuel on Wednesday to discuss the elimination of the city’s “food deserts,” essentially areas where roughly 450,000 residents don’t have convenient access to fresh food.

    According to an AP report, representatives from Walmart, Walgreen, Aldi and three other chains who were not identified met with Emanuel who reportedly showed a detailed map of the city’s food deserts and made an appeal for projects in specific areas.

  • Report: Retail container traffic nearly flat through July

    Washington, D.C. -- A report released Thursday by the National Retail Federation and Hackett Associates said that import cargo volume at the nation’s major retail container ports is expected to remain at about the same levels as last year through July before starting to resume increases later this summer.

  • Survey: Formal succession planning on the decline in the U.S.

    Alexandria, Va. -- A poll from the Society of Human Resource Management, released Thursday, showed that the number of U.S. organizations with a formal succession plan in place decreased during the past five years from 29% in 2006 to 23% in 2011.

    While less than a quarter of businesses have a formal plan in place, the numbers improve when informal plans are considered. More than one-third, or 38%, of human resources professionals said their organization currently has an informal succession plan or process in place (up from 29% in 2006).

  • Smashburger to open first Jacksonville location at Seminole Shoppes

    Neptune Beach, Fla. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space in Neptune Beach, Fla., at Seminole Shoppes to Smashburger.

    Smashburger has leased 2,100 sq. ft., bringing the center to 96% leased. The restaurant is slated to open for business in fall 2011 and is the first store location for the franchise chain in the Jacksonville area.

    The 78,240-sq.-ft. shopping center is anchored by Publix Super Market.

  • Doug Ewert takes the Men’s Wearhouse reins

    Houston -- Men's Wearhouse announced Wednesday that Douglas S. Ewert has officially succeeded founder George Zimmer as the company’s president and CEO.

    The announcement was made at the retailer’s Annual Shareholder Meeting. As previously announced, Zimmer will continue as executive chairman of the board of directors.

  • Licensing Hall-of-Famer named consultant for Pacific Entertainment

    LAS VEGAS — Pacific Entertainment, creators of the Baby Genius brand of musical edu-tainment for infants and toddlers, announced that Alfred Kahn will join the company as an exclusive consultant in the children's preschool and education markets. 

  • Wal-Mart accelerating growth of Walmart Market

    New York City -- Wal-Mart Stores is ramping up the opening of its mid-sized Neighborhood Market format, which is being renamed Walmart Market, said  Bill Simon, president and CEO, Walmart U.S., on Wednesday at the William Blair & Co. Growth Stock Conference in Chicago.

    The Market stores, which average around 42,000 sq. ft., are delivering returns on the same level as supercenters, Simon said, and can be approved and built in less time.

  • Nickelodeon 'Victorious' in nabbing deal with Walmart

    LAS VEGAS — Nickelodeon is launching the first products themed after one of its live-action comedy series exclusively at Walmart.

    U.S. and Canada Walmart stores will carry the more than 250 products based on the show "Victorious," including apparel, accessories, entertainment and school supplies. Most stores will begin carrying the items in July through the back-to-school shopping season.

  • Landlords and retailers gather to discuss greening

    Washington, D.C. -- The Retail Industry Leaders Association, the International Council of Shopping Centers and Paladino and Co., announced Tuesday a collaborative discussion among retailers and commercial shopping center developers to bridge the current landlord and tenant divide that exists around creating sustainable, energy-efficient retail stores in the United States.

    Participants in the June 9 roundtable included Wal-Mart, Petco, Ann Taylor, Target, VF Corp., Best Buy, Westfield, Vornado and Kimco, among others.

  • Shareholders express their dissent in different ways

    All board members were re-elected by an overwhelmingly large margin, however some shareholders expressed a dislike for Anne Mulcahy as she drew the largest number of negative votes by a wide margin.

    Mulcahy is probably best known as CEO of Xerox from 2001 to 2009, and she also served as chairman of the company’s board from 2002 to 2010. She currently chairs the board of trustees of the Save The Children Foundation and serves as a director of The Washington Post Company and Johnson & Johnson. She is a past director of Citigroup.

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