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Premium Outlets to make Canadian debut
Toronto, Ontario — Indianapolis-based Simon Property Group and Toronto-based Calloway Real Estate Investment Trust announced they will develop the first Premium Outlet Center in Canada.
The center will be located in the Town of Halton Hills, Ontario, just 15 minutes outside of Toronto. Construction is slated to start in spring 2012.
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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.