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Retail

  • Krispy Kreme announces $50 million share repurchase authorization

    Winston-Salem, N.C. -- Krispy Kreme Doughnuts said its board has approved the repurchase of up to $50 million of the company's common stock, effective immediately. 

  • Rick Puttkammer returns to Colliers

    San Diego -- The San Diego office of Colliers International has announced that Rick Puttkammer is rejoining the firm as a senior VP. A 25-year veteran in retail property sales and leasing, Puttkammer will head up the firm’s retail division.

    Most recently, Puttkammer was senior VP at Flocke & Avoyer in San Diego. From 1987 to 1997, he was senior marketing director at Colliers in San Diego.

     

  • Former PetSmart CEO appointed to Hanes board

    WINSTON-SALEM, N.C. — HanesBrands has appointed former PetSmart chairman and CEO Robert F. Moran to the company’s board of directors.

    Moran, 62, whose term runs until the 2014 annual meeting of stockholders, will serve on the board’s audit committee. With Moran’s appointment, the Hanes board has 10 members.

    Moran's international career in the retail industry spans four decades. He retired last month from PetSmart, where served as COO from 2001 to 2009, prior to being promoted to CEO.

  • West Elm makes Missouri debut in St. Louis

    Brooklyn, N.Y. -- West Elm is opening its first location in Missouri – at the St. Louis Galleria.

    The 8,385-sq.-ft. store, slated to open in July, will incorporate works by local artists as part of its plan to support St. Louis talent.

    “Our customers are as passionate about supporting artists in their local communities as we are at West Elm,” said Jim Brett, president of West Elm. “We are proud to be incorporating some of St. Louis’ most talented artists into the assortment for our new store.”

  • Togo’s grows into Utah with six new restaurants

    San Jose, Calif. -- Togo’s Eateries has announced a multi-unit franchise agreement in Utah. Six new franchised restaurants will open in the Salt Lake City metropolitan area beginning in first quarter 2014. The agreement accompanies Togo’s commitment to grow from 250 to 400 restaurants.

    Togo’s average unit sales exceed $633,000 with more than half of the restaurants averaging over $799,000.

  • Funky footwear brand strengthens sales and marketing teams

    IRVINE, Calif. — Sanuk, a division of Deckers Outdoor Corporation, has made changes to its sales and marketing teams. The company has appointed Jeff Booth as its core national sales manager and Tommy Campagne as its core marketing manager.

  • RILA: Green Lease teams landlords and tenants toward sustainability

    Washington, D.C. -- A first-of-its-kind document could go a long way toward cementing the sustainability relationship between retailer tenants and their shopping center landlords.

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