Human Resources

Avison Young has bought a Raleigh, North Carolina-based leasing and property management company and, in the process, added 65 shopping centers to its listings in the Carolinas.   The acquired company, Hunter & Associates, was founded in 1989 by Banks Hunter when he took over management of the historic Professional Building in downtown Raleigh. Hunter focused its efforts on the leasing and management of neighborhood and community centers to become the largest, locally-based retail brokerage in the region.  

Bankrupt Hhgregg Inc.’s proposed purchase by an anonymous buyer has collapsed.   

An official from the town of North Myrtle Beach in South Carolina is looking forward to more jobs and tourist income from the expansion of a shopping center in the beach resort area.   RealtyLink, a developer of power centers in the Southeast and Midwest, is about halfway done with its phase three expansion of the Coastal North Town Center & Village Shoppes on Highway 17. The 147,000-sq.-ft. addition will take the center size beyond 540,000 sq. ft.  

That was fast.   The Kroger Co. wasted no time in naming a replacement for Jeff Burt, president of Fred Meyer Stores, who resigned on Monday, March 20, to head up Target’s grocery business.    Kroger tapped company veteran Joe Grieshaber as president of Fred Meyer Stores, immediately.  

A 30-year veteran of The Kroger Co. has joined Target Corp. to head up the discounter’s struggling grocery business.    Target has appointed Jeff Burt as senior VP, grocery, fresh food and beverage, effective April 10.   

Jeff Gennette, who is set to take the reins of Macy’s Inc. from longtime chief executive Terry Lundgren in approximately one week, gave some hints of how Macy’s store experience is likely to evolve.     

The ax has fallen: J.C. Penney has released the list of 138 stores it plans to close.   

Jones Lang LaSalle has announced the hiring of two new vice presidents to handle leasing of third-party-managed retail properties in West Coast markets.