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  • Sears to combine Outlet and Hometown into one company

    Hoffman Estates, Ill. -- Sears Holdings Corp. revealed in a Monday filing with the Securities and Exchange Commission that the previously announced spinoff of its Sears’s Outlet and Sears’s Hometown and Hardware stores will now combine the two chains into one separate company.

    The move, part of Sears’ initiative to cut expense and regain profits, will result in the newly named Sears Hometown and Outlet Stores Inc. and a public offering that is expected to raise $400 to $500 million for Sears.

  • Zale chief joins Express board

    COLUMBUS, Ohio — Express has named Theo Killion has been appointed to its board of directors as a Class III director.  Killion is CEO and a director of Zale Corp.  

  • Albertsons LLC creates social and digital marketing team

    BOISE, Idaho — Albertsons LLC is sharpening its focus on social media and digital marketing with the creation of a new social and digital marketing team that will be led by technology and social marketing expert Karl Meinhardt.

  • Pantry CFO resigns

    Cary, N.C. -- The Pantry announced today that Mark R. Bierley, CFO, has resigned effective May 25, 2012. Bierley has accepted a position near his home in Michigan.

    The convenience-store company will begin a search for a new CFO promptly. Berry L. Epley, VP and corporate controller, will assume Bierley’s responsibilities until a successor is named.
     

  • Quicksilver names new CFO

    HUNTINGTON BEACH, Calif. — Quiksilver, the manufacturer of outdoor sports apparel, has appointed Richard Shields as CFO, effective May 11. Shields will be responsible for all areas of the company’s finance and accounting on a global basis.

  • Hanley Investment Group names new exec

    Irvine, Calif. -- Hanley Investment Group Real Estate Advisors said that Jonathan Selznick has joined the company as VP.

    Selznick was most recently a broker with Pacific Commercial Investments in Irvine, Calif., where he advised clients on the acquisition and disposition of retail investment properties.
     

  • JCP makes more key appointments

    PLANO, Texas — JCPenney has made a number of key appointments in the areas of real estate, supply chain, communications, marketing and philanthropy.

  • Brixmor expands leasing department

    New York -- Brixmor Property Group announced the addition of 11 leasing associates and the appointment of three Brixmor leasing representatives during the past six months with its focus on increasing the portfolio’s occupancy, further strengthening retailer relationships, and enhancing revenue from ancillary programs.

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