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  • Wal-Mart names CEO of new regional management team

    Bentonville, Ark. -- Wal-Mart Store announced the appointment of David Cheesewright as executive VP, president and CEO of a new regional management team. In this newly created role, he will lead Walmart's retail operations in Canada, the United Kingdom and Sub-Saharan Africa, and will oversee business development in Europe, the Middle East, Africa and Canada.

    Cheesewright will assume his role immediately and report directly to Doug McMillon, president and CEO, Walmart International.

  • 'Broader' challenges await new Walmart Canada head

    BENTONVILLE, Ark. — In her new role as president and CEO of Walmart Canada, Shelley Broader will be tasked with addressing new competition from Target and other retailers expanding into Canada. Broader, who joined Walmart Canada in 2010 as chief merchandising officer, will assume her new role effective immediately.

    Prior to Walmart, Broader held a range of key positions with Michael's and Hannaford Bros.Wal-Mart Stores, Inc.

  • Centro Properties Group changes name to Brixmor Property Group

    New York City -- Centro Properties Group US is changing its name to Brixmor Property Group, effective immediately. The name change follows the acquisition of the company in June by an affiliate of Blackstone Real Estate Partners VI L.P.

    Brixmor is the second largest owner of community and neighborhood shopping centers in the United States with 585 properties aggregating approximately 92.0 million sq. ft. and has been a leader in value-creating redevelopment over the last decade.

  • Report: Limited to unveil plus-size division

    New York City -- The Limited will enter the women’s plus-size business, Women’s Wear Daily reported. The new offering, called eloquii by The Limited, will launch online in October, with stores to follow next year, the report said. 

    The merchandise mix will include sportswear, dresses and accessories, with sizes ranging from 14W to 24W.

  • Macy’s and JCPenney top RSR report on digital advertising

    MORRISVILLE, N.C. — Macy’s and  JCPenney rank as the nation’s top “local” advertisers, according to a new report from RSR Research. The study, “The Local Approach: The State of Localized Advertising in Retail,” finds most major retailers are missing huge opportunities to drive store traffic through localized digital advertising campaigns.

  • Kohl’s celebrates opening 30 stores; remodeling 100 locations

    Menomonee Falls, Wis. -- Kohl’s Department Stores on Wednesday marked the grand opening of 30 stores across 20 states. The company announced it also is remodeling approximately 100 stores this year, an 18% increase from 2010.

  • Burberry, Walgreens and Tesco among winners of Oracle World Retail Awards

    Chicago -- Burberry, Walgreens, Ralph Lauren’s Roger Farrah and Tesco were among the winners at the annual Oracle World Retail Awards, which took place on Tuesday during the annual World Retail Congress in Berlin.

    Burberry took home the Retailer of the Year Award. The luxury brand was cited for its far-sighted leadership, professionalism and a compelling offer across multiple platforms.

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