Department Store

WAYNE, N.J. — Toys"R"Us announced that it will offer an exclusive collection of toys based on the animated short Toy Story: Hawaiian Vacation, playing in theaters in conjunction with Cars 2.

Examples in the line include:

• Sheriff Woody 16-inch action figure dressed in Hawaiian shirt, straw hat and lei. The toy can say 20 phrases when kids pull the string on his back and plays Hawaiin music.

New York City -- Tiffany & Co. is replacing its CFO and adding a COO position.

The company announced Patrick F. McGuiness will replace James Fernandez as CFO.

Fernandez is taking on the newly created post of COO. The moves are effective immediately.
 

New York City -- Limelight Marketplace, an indoor mall in Manhattan, is getting a major facelift. The shopping venue will re-launch in September as a three-story department store called Limelight. Renovation costs will total almost $4 million.

"We want to display Limelight as a 'fashion-forward' venue with sophisticated and modish aesthetics," said developer and owner Jack Menashe. "The restored architecture makes Limelight the distinctive spot that it is -- allowing for an exciting shopping experience.”

MINNEAPOLIS — Target last week announced that Target Canada has reached an agreement to transfer to Walmart Canada the leasehold interests in up to 39 sites, currently operated by Zellers.

Specific locations will be identified later this fall. Terms of this transaction were not disclosed.

Chicago -- Oakbrook Terrace, Ill.-based Mid-America Asset Management Inc. said that Skechers recently signed a lease for 8,690 sq. ft. at Burbank Station in Chicago's west suburbs.

The new store is slated to open in the fall.

Burbank Station is a 303,566-sq.-ft. suburban retail center anchored by Food 4 Less, Sports Authority, Babies “R” Us, Office Max, PetSmart and HomeGoods.
 

TORONTO — Sears Canada has announced the appointment of Calvin McDonald as its president and CEO, effective immediately. McDonald most recently served as EVP, conventional division of Loblaw Companies Limited. He will succeed Dene Rogers, who has served as president and CEO of Sears Canada since 2006.

McLean, Va. -- The Rappaport Cos. announced it has named Charlotte B. Strain as senior VP asset management. Strain will work directly with current clients and third-party accounts and oversee property management, asset management and lease administration functions. She will be responsible for a portfolio of 9 million sq. ft. of retail space and some 1,500 leases.

Strain was previously with Jones Lang LaSalle and AvalonBay Communities.

Toronto -- J. Crew announced Friday it will open its first Canadian store in August at the Yorkdale Shopping Centre, located in Toronto.

The approximately 5000-sq.-ft. store, which will offer women’s-only clothing and accessories, marks J. Crew’s international debut, joining recent market entries by retailers such as Target and Big Lots in leveraging Canada’s relatively strong economy.