Apparel

New Orleans Saints quarterback and Texas native Drew Brees will become mayor for the day of Comfort, Texas, on July 23 when the small town is temporarily renamed Advanced Comfort as part of a promotion for a new line of Wrangler jeans.

In celebration of the launch, Wrangler will kick off a community-based initiative striving to improve towns across America that begins on Wednesday, July 23, when the town of Comfort is renamed Advanced Comfort for six months.

Visa has entered into a partnership with Borderfree, a leading international cross-border e-commerce solutions provider, to offer customers in the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain and Jordan special promotions from retailers in the United States.

Chicago -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Gateway Square in Hinsdale (Chicago MSA), Illinois. The 39,710-sq.-ft. center was purchased for $10 million, excluding closing costs and adjustments, by Buffalo Grove, Illinois-based C P Management, LLC.
 

Plano, Texas – Mindy Grossman, the chief executive of HSN Inc., reportedly declined an offer to become CEO of J.C. Penney Company in May 2014. According to the Wall Street Journal, Grossman had been in advanced negotiations with Penney to take the reins as CEO but discussions ended for an unspecified reason.

iBeacon technology, the Apple iOS 7 feature that helps mobile devices track their position relative to stationary beacons by using low-frequency Bluetooth transmissions, is getting quite a bit of attention from retailers. Grabbing their interest is not only that devices can obtain individualized information from beacons, but that beacons can also obtain individualized information from mobile devices.

New York -- RKF has announced a number of promotions for senior brokerage professionals in its New York City headquarters office. The promotions come closely on the heels of RKF’s expansion of its New York headquarters space at 521 Fifth Avenue in midtown Manhattan.

San Diego -- JLL’s Retail announced the firm has been retained by GLL Real Estate Partners to manage Del Mar Plaza, a 75,000-sq.-ft., upscale, open-air shopping center located at 1555 Camino Del Mar, in Del Mar, California.

The property’s tenant mix includes Banana Republic, El Agave Restaurant, II Fornaio, Pacifica Del Mar, Gary’s Studio, Loghman Jewelers, Sunglass Hut, Smashburger, Urban Beach House, Ooh La La, and the newly opened Lorna Jane.

San Jose, Calif. - EBay and Sotheby’s are developing an online platform designed to make it easier for consumers to discover, browse and acquire exceptional works of art, antiques and collectibles. EBay and Sotheby’s will start by offering a number of live auctions that are taking place at Sotheby’s headquarters in New York.