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  • Wegmans to anchor new project at Brooklyn Navy Yard

    New York — The Brooklyn Navy Yard Development Corp. on Tuesday announced redevelopment plans for Admirals Row that will bring a long-anticipated supermarket, new manufacturing space and a brand new community facility to the site. Wegmans Food Markets will anchor the $140 million redevelopment of Admirals Row led by Steiner NYC, the developer of Steiner Studios.
     

  • 13 is lucky number for U.S. retailers in Canada

    On the heels of Walmart's decision to acquire 13 Target locations in Canada comes an announcement from Lowe's, which has also decided to acquire 13 Target Canada leases as well as distribution center in Ontario.

    The deal is worth about $125 million.

  • REI now powered by 100% renewable energy

    Seattle -- REI has met its commitment to be powered by 100% renewable energy through energy efficiency, solar generation, long-term renewable energy contracts, and renewable energy certificates (RECs). That’s just one of the findings in the outdoor retailer’s 2014 Stewardship Report.

  • Cullinan Properties names VP of leasing

    Peoria, Ill. - Scott D. Fitzgerald has been named VP of leasing and development at Cullinan Properties Ltd. Fitzgerald, who is based in Cullinan’s Chicago office, is responsible for pre-development activities for Waller Town Center in Waller, Texas and Avenue Shoppes at P-83 located in Peoria, Arizona, as well as other new development opportunities sought by Cullinan.

  • Boscov’s CEO hands reins to nephew, Jim Boscov

    New York -- Boscov’s Department Store believes in keeping it in the family. Albert Boscov, 85, has resigned as CEO of the company, and been succeeded by his nephew, Jim Boscov. The new chief, who will continue to serve as vice chairman, is the third generation of the family to lead the privately held business which was founded more than 100 years ago.

  • Industry veteran joins Brixmor Property Group

    New York - Ryan Guheen has joined Brixmor Property Group as senior VP, redevelopment & strategic leasing. Guheen is based in New York and will play a major role in the company’s Raising the Bar initiative.

    Raising the Bar involves upgrading the merchandise mix at its shopping centers with best-in-class anchors to drive higher sales, traffic and small shop leasing, while elevating center appeal to improve rent levels and net operating income growth.

  • Home Depot execs settle into roles

    It’s been a month since the announcement of Hal Lawton’s move from Home Depot to eBay, where he will head up eBay North America.

  • Starbucks college plan draws 2,200 employees

    Seattle - One month after Starbucks and Arizona State University announced the expansion of a benefit to pay for employees’ college education, more than 1,800 have signed up, with more than 2,200 total. The Starbucks College Achievement Plan offers 100% tuition reimbursement for all four years of college.

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