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Walmart to expand presence at Berlin Mall
Berlin, Vt. -- Berlin Mall LLC announced it has cleared the last two permitting hurdles to begin an 18,700-sq.-ft. expansion of The Berlin Mall, located in Berlin, Vt. The expansion is part of a planned increase in the size of its Walmart anchor store, which will also expand into existing, adjoining retail space at the mall
Construction is slated to start spring 2013.
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Office Depot extends board nomination deadline
Boca Raton, Fla. -- Office Depot said Thursday it has extended its deadline for board nominations; the move comes after discussions with its largest shareholder Starboard Value were held.
The extension allows stockholders to nominate candidates until the close of business on Feb. 25.
Activist hedge fund Starboard has been pushing for changes at Office Depot, arguing that the company could improve profitability in part by reducing expense.