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Retail

  • EveryWare Global appoints interim CEO

    EveryWare Global’s board of directors has named Sam Solomon as interim CEO. Solomon is succeeding John Sheppard, who left the company this week.

  • Home Depot Q4 profit slips but tops estimates; raises quarterly dividend

    Atlanta – Home Depot Inc.'s net income in the fourth-quarter edged down 0.8%, hurt by snow and severe cold and one less week in the period than a year ago. But cost costs helped its earnings to top estimates and the chain raised its quarterly dividend by 21%.

    The very cold weather should boost sales this spring, the chain’s most important sales period of the year, as people repair homes damaged this winter, Home Depot said.

  • Interbrand acquires London’s HMKM design consultancy

    London -- Interbrand announced that it has acquired one of the United Kingdom’s leading international retail design consultancies, HMKM. The move, which recognizes the importance of brand experience in an increasing digital and omnichannel retail environment, brings together two highly complementary companies, uniquely prepared to meet the challenges of the current retail landscape, Interbrand said.

  • Beating Clicks?

    If you can’t beat them …. Four major mall owners – Westfield, Simon, GGP and Macerich – have pitched in $4.5 million to help fund a delivery start-up business that promises same-day purchases delivery to mall shoppers.

    According to a recent article in the Silicon Valley Business Journal, Palo Alto-based Deliv will use the funding garnered from the mall owners and others to improve its software and expand into additional shopping centers.

  • Stein Mart embarks on largest store expansion since 2007

    Stein Mart plans to open 10 new stores this year as part of its largest store expansion since 2007.

    Locations in the Miami, Washington, D.C., and Las Vegas areas are set to open this spring, bringing the company's total nationwide store count to more than 270.

  • SVN Crossroads to manage Hoffman Estates, Ill., center

    Schaumburg, Ill. — Caruso Development has awarded the property management contract for Barrington Square, a 101,500-sq.-ft. retail center in Hoffman Estates, Ill., to SVN Crossroads Management. Situated in high-traffic areas in Chicago’s northwest suburbs, Barrington Square’s tenants include America’s Bar and Grill, GiGi’s Playhouse and Poplar Creek Bowl.

    Currently SVN Crossroads manages a portfolio of more than two million sq. ft.

  • Revlon makes executive changes

    Revlon has appointed Gianni Pieraccioni as EVP and global president of the Revlon consumer division and Sennen Pamich as EVP and global president of the Revlon professional division. The announcement comes as Chris Elshaw, Revlon’s EVP and COO, makes his exit.

  • PlayNetwork opens Hong Kong office

    Redmond, Wash. -- PlayNetwork, a leading innovator in branded entertainment media experiences, is expanding its global reach with the announcement of its new Hong Kong office.
     
    The Hong Kong office joins PlayNetwork locations around the globe, with teams in London, England; Columbus, Ohio; Sherman Oaks, Calif.; New York City; and the company's corporate headquarters in Redmond, Wash.

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