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  • Cullinan Properties purchases site in Illinois

    Peoria, Ill. - Cullinan Properties has acquired an approximately 264-acre site located at the northeast intersection of interstates 55 and 80 in Joliet, Illinois. The property was purchased from O & S Holdings, LLC who acquired the property in 2008, and originally entered into an agreement to develop a project known as Bridge Street Town Center.

    However, with the sale of the property, O & S Holdings has terminated the original development agreement. “

  • Dunkin’ Donuts expands in Virginia and West Virginia

    Canton, Mass. – Dunkin’ Donuts is making a big expansion effort in the mid-Atlantic area.

    The coffee chain has signed multi-unit store development agreements with seven franchise groups to develop 51 new restaurants in Virginia and West Virginia during the next several years.

    The seven franchise groups and their development plans include:

  • Marketing executive joins Nordstrom board

    Seattle - Nordstrom Inc. has appointed Tanya Domier, CEO of Advantage Sales & Marketing LLC (ASM) to the company's board of directors. Her addition brings the total number of directors to 14 and the number of independent directors to 11.

  • Nordstrom Rack coming to Hawaii development

    Seattle – Nordstrom Inc. plans to open Nordstrom Rack at Waikiki Trade Center in Honolulu, Hawaii. The approximately 34,000-sq.-ft., two-level store is scheduled to open in spring 2016.

    The property was acquired by Coastwood Capital Group, LLC in late 2013.

  • Anna's Linens begins liquidation sales

    Anna's Linens has hired Hilco Merchant Resources and Gordon Brothers Group to begin going-out-of-business sales at all retail locations.

    The joint venture partners were awarded the store closing process by a U.S. bankruptcy court on June 18.

  • Authentic Brands Group completes purchase of Frederick’s of Hollywood

    New York — Authentic Brands Group LLC (ABG) , whose brands include Jones New York and Juicy Couture, has closed on its purchase of Frederick's of Hollywood Group for an undisclosed sum. Previous reports indicated the acquisition agreement, announced in April 2015, was for $22.5 million.

  • High-definition merchandising: Sharper focus, clearer decisions

    While technology and innovation flourish on the consumer side of fashion, inside retail headquarters, merchants and planners still rely on reports and tools that have barely evolved from the three-ring binders and green screens of the 1970s. Merchants and planners, many of whom grew up as digital natives, navigate an awkward time warp: They commute from the consumer world to offices that stifle their skills in interpreting and acting on visual, interactive data and tools.

  • Inland Real Estate Group names chief accounting officer

    Oak Brook, Ill. - The Inland Real Estate Group Inc. is naming Prashant Bodhanwala, 48, as chief accounting officer, overseeing accounting, financial strategic planning and financial analyses for Inland. Bodhanwala most recently served as VP of accounting for CA Ventures LLC, a real estate development firm, where he was responsible for all accounting, tax, accounts payable, accounts receivable and payroll.

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