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Report: Wal-Mart centralizes IT approach
Santa Clara, Calif. –- Wal-Mart Stores Inc. is reportedly developing a new centralized approach to how it prioritizes and executes IT projects. According to the Wall Street Journal, Wal-Mart will now consolidate all IT projects into a single portfolio overseen by CIO Karenann Terrell. -
DDR and Blackstone JV closes on $2 billion 71-center purchase
Beachwood, Ohio --DDR Corp. and an affiliate of Blackstone Real Estate Partners VII announced that a joint venture formed by the pair has closed on the acquisition of 71 shopping centers previously owned by American Realty Capital Properties for $1.93 billion.