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Events

  • CFO offers new insights on an intriguing opportunity

    Walmart CFO Charles Holley participated in the Citi Global Consumer Conference this past Tuesday, and he had the challenge of appearing just one week after Walmart released first-quarter results. Given the timing, it would have been reasonable to expect that he wouldn’t have a lot of new information to share, and while he certainly covered a lot of familiar ground, there was one area that stood out.

  • America's Got Talent star gets Target deal

    MINNEAPOLIS — Target announced that it is partnering with soprano singer, Jackie Evancho, for the exclusive, deluxe edition of her first full-length studio album, “Dream With Me.” The deluxe edition, which includes four additional new songs, is currently available for pre-order at Target.com, and will be at Target stores nationwide beginning June 14.

  • Delhaize Group elects new members to board

    BRUSSELS — The Belgium-based parent company of Delhaize America, which operates such banners as Food Lion and Harveys in the United States, has elected new members to its board of directors.

  • A tale of two meetings at all-day affair

    Walmart is scheduled to hold its annual shareholders’ meeting one week from today, and the event is a tale of two meetings. One the one hand, there is the pageantry and puffery of the actual shareholders meeting, which runs from 7 a.m. to about 11 a.m. central time. If the company holds true to form the event will be a high-energy, star-studded affair that is long on style and short on substance with a dollop of official business thrown in. The event is designed primarily for the thousands of employees who attend from throughout the U.S.

  • Syms considers possible sale

    Secaucus, N.J. — Syms Corp. said Thursday it is mulling selling itself and other strategic alternatives as the company continues to struggle after acquiring Filene’s Basement in 2009.

    The off-price retailer, which bought Filene’s out of bankruptcy for $62.4 million in 2Q 2009, said its board is currently evaluating its options. It reported a loss at the end of its fiscal year in February, and losses had widened as of earlier this month.

  • HHGregg 4Q profit surges 46%, slows new store growth

    Indianapolis — Electronics and appliances retailer hhgregg Inc. said Thursday that its profit leaped 46% in its fiscal 4Q, to $14.6 million from $10 million in the year-ago period. However, same-store sales tumbled nearly 11% in the company, and the company said it will slow the pace at which it opens new stores in the next fiscal year. Previously, it expected to open 35 to 45 stores in the next year, but now cut the upper range to 40 stores.

  • The Marketplace at Centerra announces new restaurant leases

    Loveland, Colo. — McWhinney Enterprises announced that its Marketplace at Centerra power center in Loveland, Colo., will see the addition of Menchie’s and Buffalo Wild Wings this year.

    Menchie’s is slated to open a new frozen yogurt shop at the end of May, and Buffalo Wild Wings has begun remodeling a former Black Eye Pea restaurant space with an anticipated opening date of August. 

  • Cinema de Lux opens at Ridge Hill

    Yonkers, N.Y.  — Forest City Enterprises announced that National Amusements’ Cinema de Lux has opened at its Westchester’s Ridge Hill mixed-use development in Yonkers, N.Y.

    With 12 state-of-the-art auditoriums and wall-to-wall screens, Cinema de Lux also features the area’s first full-service restaurant, Studio 3. The opening comes just a few months before the first buyers prepare to move into their new homes at Monarch at Ridge Hill, the luxury condominium on Ridge Hill Boulevard. 

  • WINK will open in SoHo

    New York City — Robert K. Futterman & Associates said it has secured a 1,500-sq.-ft. retail space for women’s apparel brand WINK at 129 Prince St., located between Wooster and Prince Streets in SoHo.  

    WINK, which currently has a store at 155 Spring St., is scheduled to open its new Manhattan location this summer.  

     The new store will join co-tenants Apple, Lucky Brand, Cole Haan, Michael Kors and Ralph Lauren.

  • Jim’s Market to open at Doddway Center

    St. Paul, Minn. — Paster Enterprises announced that grocer Jim’s Market will open a 24,800-sq.-ft. location at Doddway Center, located in St. Paul. 

    The new Jim’s Market will be the fourth location in the St. Paul area, and will take the place of current anchor tenant, R.C. Dick’s Foods. Jim’s Market will make significant renovations to the property during the coming months, including new flooring, an updated front entrance and upgrades to the deli section, frozen foods department and meat counter. 

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