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  • JLL expands Gulf Coast platform with retail and office expertise

    Mobile, Ala. -- JLL announced the expansion of its platform in Alabama with the addition of Shannon Tyndall and Allen Garstecki. Tyndall and Garstecki join JLL as VPs, and bring more than 20 years of combined experience to the firm. They will be based in the firm’s Mobile office, bolstering the existing practice that JLL built last year when it added Gulf Coast Retail Brokerage lead Josh Burmeister and VP Buff Teague.

    The team provides retail and office expertise throughout Alabama, Mississippi, Louisiana and the Florida Panhandle.

  • Ebay names two directors as it readies for PayPal split

    San Jose, Calif. -- EBay Inc. on Monday announced it has appointed two independent directors to its board as it prepares for the spinoff of its payments division, PayPal, in the second half of this year.

    Ebay appointed Tony Bates, president of action camera maker GoPro, and Gail McGovern, president and CEO of the American Red Cross, to its board.

  • REI's ascent continues, membership surges

    Outdoor retailer REI reached new heights in 2014 thanks to unprecedented membership growth which fueled a 4.2% same store sales increase and a record financial performance.

    The same store sales increased and addition of seven new stores helped the company increase total sales 9.9% to $2.2 billion. The company ended the year with 5.5 million active members, 945,000 of whom joined the retail cooperative in 2014.

  • DirectBuy names manufacturing vet as VP of sales

    Merrillville, Ind. – Membership-based buying club DirectBuy has named Curt Fisher VP of sales. He brings more than 20 years of experience customer relationship management in Fortune 500 companies, including the past three years as Chicago-area general manager of residential HVAC manufacturer Goodman Manufacturing.

  • Big Lots gives back in a big way

    Big Lots hopes to give back to the communities it serves with a new charity focused on hunger, housing, health care and education.

    Big Lots has announced that it has launched a nonprofit foundation to guide its charitable endeavors into the future.

    The Big Lots Foundation will help strengthen the Company's philanthropic initiatives and support its commitment to making a difference in the communities where it operates.

  • Report: Wal-Mart in $10 million settlement with family of comedian killed in highway crash

    New York -- Wal-Mart Stores has reached a settlement with the two children of James McNair, the comedian who was killed in the highway accident that also seriously injured comic and former “Saturday Night Live” performer Tracy Morgan, the Associated Press reported.
     
    Citing documents filed in New York's Westchester County, the AP reported the children were awarded a total of $10 million. The deadly crash occurred on June 7, 2014, on the New Jersey Turnpike.
       

  • Mattress Firm plans 200-220 new stores in fiscal 2015

    Houston – Mattress Firm Holding Corp. is revving up its growth in fiscal 2015, with plans to open 200 to 220 new stores.

  • Haggen opens in California, names expansion team

    As burgeoning food retailer Haggen charts a path of expansion across the West Coast, the company is also making some key executive moves to support its growth in the Southwest.

    The grocery chain Haggen named the first five senior members of its Pacific Southwest leadership team this week:

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