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  • Retail vet joins DJM Realty

    Boston -- DJM Realty announced that Josh Podell has joined the company as a specialty retail and outlet consultant.

    Podell, who will continue to operate his own real estate consultancy Podell Real Estate Advisors, counts among his retail experience a lengthy stint as VP real estate for Jones Retail Corp., a division of Jones Apparel Group.

     

  • Dollar General adds foodie and financial experience to its board

    GOODLETTSVILLE, Tenn. — Dollar General has elected Sandy Cochran, president and CEO of Cracker Barrel Old Country Store, to its board of directors, effective December 5.

    “We are excited to add Sandy to the Dollar General board of directors,” said Rick Dreiling, Dollar General’s chairman and CEO. “Sandy’s extensive experience and perspective will provide us with valuable insights as we continue to grow our business. Her expertise will complement our board as we strive to build shareholder value.”

  • Topshop’s Philip Green in talks to sell 25% stake

    Los Angeles -- Multiple reports on Tuesday said that British billionaire and Topshop owner Sir Philip Green is negotiating with Leonard Green & Partners to sell a 25% stake in the TopShop and Topman chains.

    The two brands, which would be broken off from Philip Green’s other Arcadia Group retail holdings, are valued at $1.61 billion. An announcement is expected as early as Thursday.

    Neither Philip Green nor Leonard Green has commented directly on the impending transaction.

  • Brixmor announces unveiling of Naples Plaza redevelopment

    Naples, Fla. -- New York City-based Brixmor Property Group has announced the Dec. 6 grand re-opening of its redevelopment of Naples Plaza, one of the oldest shopping centers in Naples, Fla.

  • Dooney & Bourke teams with Pitney Bowes for e-commerce solutions

    Stamford, Conn. -- Pitney Bowes Inc. said that leathergoods retailer Dooney & Bourke will use technology and shipping services from Pitney Bowes to help expand the global online reach of its handbags and accessories.

    Dooney & Bourke will use Pitney Bowes’s e-commerce software and international shipping services to help offer a seamless and convenient cross-border purchasing and shipping experience to online shoppers to destinations in up to 90 countries worldwide.
     

  • Belk exec Scibetta named new EVP, GMM at Shoe Carnival

    EVANSVILLE, Ind. — Former Belk executive Carl Scibetta has been named the new EVP and GMM at Shoe Carnival. Scibetta will report to Cliff Sifford, the former GMM, who was recently appointed president and CEO of the company.

  • Report: Store opening plans for 2013 at a four-year high

    Chicago -- Store opening plans for 2013 are at a four-year high even as positive retail trends tempered with uncertain fiscal policies signal a cautious start to the new year, according to a report released Monday by Jones Lang LaSalle.

    According to Jones Lang LaSalle’s 2013 National Retail Real Estate Outlook, retailers will open as many as 78,325 stores in the next two years – up 11% from year-end plans in 2011. Construction will add 52 million sq. ft. of space in 2013, more than double the 20 million sq. ft. completed in 2012.

  • Report: Private equity firm increases stake in DSW

    New York -- Multiple reports on Tuesday revealed that private equity firm Leonard Green & Partners disclosed in a regulatory filing that it has upped its stake in shoe retailer DSW Inc. to 1.3 million shares – or 3% of the company.

    The news sent DSW shares upward as much as 6% on Tuesday.

    Leonard Green previously owned 981,196 shares in DSW before raising its stake. It was forced to disclose its new position after a request for confidential treatment expired on Nov. 28.

     

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