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  • Report: Former Wal-Mart chief sells 100,000 shares

    New York City -- Lee Scott, the former CEO of Wal-Mart Stores, sold 100,000 shares in the company on Friday, reducing his direct stake in the company by about 14%, according to a filing released late on Tuesday, Barrons reported.

    Scott sold the shares for $57.17 each on average. He still owns about 607,000 shares directly, not including any options he may still have, the report said. Scott had not sold shares since March 2010, when he also sold about $5.7 million worth, according to InsiderScore.com.
     

  • Trans World names new CFO

    Albany, N.Y. -- Trans World Entertainment Corp. announced it has named Tom Seaver as CFO, effective immediately.

    Seaver, most recently held the position of VP – strategic planning and previously held the position of VP – finance global PMC.

  • Douglas Development names leasing director

    Washington, D.C. -- Douglas Development Corp. announced that Joe Ruzecki has joined the real estate company as the new director of leasing.

    Most recently, Ruzecki served as senior VP with CB Richard Ellis in Baltimore.
     

  • Trans World Entertainment names new CFO

    ALBANY, N.Y. — Trans World Entertainment has named Tom Seaver CFO, effective immediately. Seaver, a Certified Public Accountant, brings more than 20 years of experience with Albany International, a global company that develops and manufactures advanced textiles and materials.  Most recently, he held the position of VP strategic planning and previously held the position of VP finance Global PMC.

  • Sabre Real Estate names VP

    Garden City, N.J. -- Sabre Real Estate Group said that Anthony Russo has joined the New York metropolitan area’s newest retail real estate brokerage, Sabre Realty Group LLC, as VP.

    Russo began his career with Bagnato Realty Services, now called NAI Long Island.
     

  • City Sports makes executive appointments

    Boston -- City Sports announced the appointment of Debi Binder to VP marketing and Dana Klein to director of e-commerce.

    Binder most recently served as a senior VP for CCA Global Partners. Prior to City Sports, Klein managed operations and merchandising at Puma North America for the brand's shop.puma.com site.

  • Dick's Sporting Goods Westward bound

    PITTSBURGH — Dick's Sporting Goods took another step in expanding out West with the announcement that it will build a distribution center in Goodyear, Ariz., that is expected to bring approximately 120 jobs to the area when business opens in early 2013.

    The distribution center will be designed to ultimately support approximately 160 stores as Dick's Sporting Goods grows its store base in the Western United States over the next 5-10 years and is eventually expected to employ up to 300 associates, the company reported.

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