Department Store

NEW YORK — Former J. Crew executive Arnold P. Cohen has been named EVP and CMO at Cache, a specialty chain of women’s apparel stores.

Indianapolis -- Simon Property Group announced that it has named Liz Zale as senior VP in a newly created role overseeing corporate affairs and communications, effective May 1.  

Zale's responsibilities will include supervision of Simon’s investor relations, public relations, corporate communications, and government relations functions.
 
She previously served as senior VP investor relations for Nielsen Holdings.

MENOMONEE FALLS, Wis. — Kohl’s has opened a new IT office in the Silicon Valley to support its online sales growth and strategic focus on omni-channel initiatives, including process automation and the re-platforming of Kohls.com.

The 52,000-sq.-ft. office space in Milpitas, Calif., will be an extension of the IT team at the company’s Menomonee Falls, Wis., corporate office and will initially employ 30-plus Kohl’s associates with the potential to accommodate future growth, said the retailer.

New York -- Cache said Monday that it has appointed Arnold Cohen as executive VP/chief marketing officer for the women’s apparel chain.

Cohen’s background includes eight years with American Eagle Outfitters, where he was involved in creating the first mobile concept, the early iteration of Martin and Osa, and the back-on-campus initiative that rolled out to 50 colleges.

When describing Destiny USA – the 2.4 million-sq.-ft. dining, entertainment, shopping and outlet megaplex in Syracuse, N.Y. – it’s a toss-up whether to emphasize the offerings and amenities, or highlight the project’s own brand of environmental consciousness.

New York -- SL Green Realty Corp. and The Moinian Group announced they have appointed Winick Realty Group to exclusively market the former Daffy’s location at 3 Columbus Circle, in Manhattan.
 
The multi-level retail site is situated in the center of the 57th Street corridor, in close proximity to the new Nordstrom location that is set to open in 2018.     

MELVILLE, N.Y. — Retail real estate industry executive Jonathon Graub has joined A&G Realty Partners, a leading commercial real estate, advisory and investment group, as principal. Graub will advise A&G Realty’s retail clients on strategic growth opportunities and assist with their real estate operations.

New York -- A Monday report by Bloomberg said that ex-Aeropostale executive Christopher Finazzo – convicted last week on 14 counts of  fraud against the retailer – has been order to forfeit more than $25 million.

Jurors unanimously found that Finazzo must turn over $25.79 million in cash, interest in four Calverton, N.Y., properties and as much as $300,000 from a trading account, according to the Bloomberg report, which cited a statement by Robert Nardoza, spokesman for Brooklyn U.S. Attorney Loretta Lynch.