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  • Lucescu Realty sells Utah shopping center portfolio for $226 million

    Newport Beach, Calif. – Investment real estate services firm Lucescu Realty has sold three retail shopping centers in Utah for $225.6 million. The properties included The Family Center at Fort Union in Midvale, Utah; The Family Center at Taylorsville in Taylorsville, Utah; and The Family Center at Orem in Orem, Utah.  

  • American Apparel taps turnaround consultant as interim CEO; names new CFO

    Los Angeles -- In its latest management shakeup, American Apparel has named Scott Brubaker as interim CEO, effective immediately. He replaces John Luttrell, who is resigning. Luttrell took the reins of the troubled company in June after the board removed controversial founder Dov Charney from the top spot for alleged misconduct. He also served as CFO.

    Brubaker, 43, is a managing director at consulting/turnaround firm Alvarez & Marsal, and has handled interim leadership jobs for specialty retailers, including Eddie Bauer, in the past.

  • Leadership shakeup at American Apparel

    American Apparel has appointed Scott Brubaker as interim CEO and Hassan Natha as EVP and CFO, effective immediately, following John Luttrell’s resignation from the company. Luttrell had been serving as interim CEO and CFO.

  • Weather Trends: October 2014

    For the U.S. as a whole, temperatures will trend similar to last year and below normal, but there will be a split in trends across the nation with warmer temperatures in the West and cooler temperatures in the more densely populated East. The month will begin with warm weather across much of the nation and that will continue into the Columbus Day weekend in the East before turning cooler. The Northwest region will trend wetter than last year, but it still remains drier than normal, while the Southwest will be wetter than last year and normal.

  • H&M Conscious Foundation and WaterAid team up at Global Citizen Festival

    The H&M Conscious Foundation, an independent nonprofit global foundation initiated by H&M to drive long-lasting positive change for people and communities, has partnered with WaterAid to bring safe water and toilets to a quarter million students in some of the world's poorest countries by 2017.

    Fashion model and H&M Conscious Foundation ambassador Alek Wek was joined on stage at the Global Citizen Festival by H&M Conscious Foundation global manager Helena Thybell to present the foundation's flagship program with WaterAid.

  • Report: Anthropologie planning larger-sized stores

    New York -- Urban Outfitters has big plans for its women’s lifestyle brand, Anthropologie. The retailer plans to to open 25 to 50 Anthropologie stores during the next five years that will be approximately three times larger than the brand’s current 7,000-sq.-ft. average, Bloomberg reported. The company plans, for the most part, will  either expand existing locations or find new ones when a lease comes up for renewal, the report said.

  • Uniqlo launches interactive ‘Selfless Selfie’ holiday project

    New York -- Uniqlo is partnering with DOOB, a global provider of 3D technology-based products and services, on an interactive holiday campaign called the “Selfless Selfie Project. The program encourage people to take a selfie that isn’t as much about them but about giving back – such as pledging to do something to give back to their local community.

  • President Obama reappoints retail vet Matthew Rubel to committee post

    Washington, D.C. -- President Barack Obama announced his intention to appoint Matthew Rubel to an additional term as a member of the Advisory Committee for Trade Policy and Negotiations, a key Administration advisory post.   

    Rubel is currently a senior advisor at TPG Capital.  Previously, he was chairman, president and CEO of Collective Brands, from 2005 to 2011. Rubel was CEO of Cole Haan from 1999 to 2005.

  • Brookwood Village to welcome hickory tavern

    Birmingham, Ala. – Brookwood Village, a dynamic mixed-use development located in the affluent Mountain Brook and Homewood area of Birmingham, Alabama, today announced that the shopping center would welcome Hickory Tavern to its restaurant mix in 2015.

  • The Comforts of Home

    Mixed-use projects have become a consumer home base

    The concept of a shopping center as a place where people simply show up to make a few purchases and leave is becoming passé. Increasingly, developers are building mixed-use centers that include residential, office and entertainment components, which turn them more into a consumer home base and less of a functional destination.

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