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Home Depot

  • Home Depot names executive VP

    Atlanta -- The Home Depot announced it has named Teresa Wynn Roseborough executive VP general counsel and corporate secretary, effective in November.

    Roseborough, who will be responsible for leading The Home Depot's legal department, as well as its government relations and corporate security services functions, joins the chain from MetLife, where she most recently served as deputy general counsel.

  • Mattress Firm to open at Cooper Street Plaza

    Arlington, Texas -- Jacksonville, Fla.-based Regency Centers said it has leased 3,588 sq. ft. of retail space in Arlington, Texas, at Cooper Street Plaza to Mattress Firm.  

    The store is slated to open for business in October 2011. 

    The 235,196-sq-ft. shopping center is anchored by a 137,840-sq.-ft. Home Depot alongside national retailers such as OfficeMax, T.G.I. Friday’s and State Farm Insurance. 

  • Home Depot exec joins SMS Assist as COO

    CHICAGO -- SMS Assist announced that Matthew Pitts has been named COO of the technology- driven facilities maintenance company.

    Pitts previously served as VP of building services for The Home Depot. During his two decade career at the home improvement chain, Pitts created retailer’s highly regarded in-house facilities management organization, overseeing more than 2,000 stores and more than $1 billion in annual facilities maintenance spend.

  • Home Depot, Habitat for Humanity partner to renovate homes of military vets

    ATLANTA — Home Depot announced that it has teamed up with Habitat for Humanity International for a new joint program, Repair Corps, to remodel and renovate the homes of U.S. military veterans. With $1.5 million in funding from The Home Depot Foundation, volunteer assistance from Team Depot, The Home Depot's associate-led volunteer force, and technical assistance from Habitat for Humanity International, the goal of Repair Corps is to provide Habitat affiliates across the country with the resources to repair the homes of nearly 100 veterans and their families.

  • Open-air owners give Jones Lang LaSalle the nod to lease, manage centers

    Atlanta -- Jones Lang LaSalle announced Tuesday that Rally Capital Services, LLC, and Pacific Avenue, LLC, have chosen the firm to lease and manage their open-air centers.

    Rally Capital selected Jones Lang LaSalle Retail to lease and manage Kendall Marketplace, a 750,000-sq.-ft. regional power center in Yorkville, Ind., anchored by Dick’s Sporting Goods, Kohl’s, SuperTarget and The Home Depot.

  • Market Track shows Target largely unchanged in August

    It was steady as she goes for Target and many other retailers in terms of circular promotional activity in August, according to the last marketing insights from Market Track. There were a few instances where the number of pages per circular increased noticeably even if the number of circulars distributed was fairly consistent. For example, Walmart, Safeway and Best Buy saw the largest increase in pages while Lowe’s, JCPenney and Home Depot were the biggest decliners.

  • Hurricane Irene’s retail losers include department stores and apparel retailers

    New York City -- While it may take some to fully assess the damage, the impact of Hurricane Irene on retail sales is likely to split among retail sectors: Home-improvement stores selling emergency preparation products and clean-up items are likely to benefit the most from the storm, while apparel retailers and department stores selling non-essential items are likely to take a hit.

  • Irene’s retail winners

    Home Depot and Lowe’s may receive a 1% bump to their third-quarter results as a result of Hurricane Irene sales, according to an analysis provided by MarketWatch. 

    A variety of retail analysts weighed in on the question of whether Irene would help or hurt retail sales, given that many stores were forced to close when evacuation orders came. But the overall consensus was that before-and-after hurricane sales will benefit home improvement retailers, while negatively impacting department stores, specialty stores and any retailer relying on back-to-school sales.

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