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  • Top 10 cities for organized retail crime

    Washington, D.C.  -- Atlanta, Chicago and Dallas were identified as the cities most problematic with regard to organized retail crime (ORC) rings, according to the National Retail Federation’s seventh annual Organized Retail Crime survey. Of the 129 retail companies, 94.5% reported having been the victim of organized retail crime in the past 12 months, up 6% over last year.

    The cities most problematic for ORC rings were:

  • HSN names SVP digital commerce

    ST. PETERSBURG, Fla. — HSN announced that Arthur Lewis has been appointed SVP merchandising, digital commerce, effective June 27.  Lewis will report directly to Jill Braff, EVP digital commerce for HSN.

    Lewis will oversee HSN's cross-channel merchandising strategy on hsn.com, mobile and tablet platforms.  He will also leverage his extensive digital background to grow all brands and categories of business, including online product exclusives and category expansions, the company reported.

  • Cypress Equities hires leasing manager

    Dallas -- Cypress Equities Cos. said it has expanded its leasing team with the addition of Giancarlo “GC” Carriero, who joins the firm as leasing manager.

    Carriero is responsible for developing and leveraging relationships with potential tenants and facilitating leasing solutions for Cypress’ nationwide retail and mixed-use projects. 

    He was previously leasing representative for General Growth Properties.
     

  • Baker Katz acquires Four Corners Shopping Center

    Tomball, Texas -- Houston-based commercial real estate brokerage Baker Katz said it has acquired the Four Corners Shopping Center in Tomball, Texas.

    Baker Katz purchased the 120,000-sq.-ft. center through an investment fund dedicated to real estate development, acquisition and ownership. The center holds the last remaining big-box vacancy in Tomball, a 45,000-sq.-ft. former Kroger space. Baker Katz plans to begin a major renovation on the center later this year and will look to re-lease the space.

  • Jos. A. Bank opens at Southcenter Plaza

    Tukwila, Wash. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Tukwila, Wash., at Southcenter Plaza to Jos. A. Bank.

    Jos. A. Bank has leased 4,075 sq. ft., bringing the center to 97% leased, and is currently open for business.

    The 170,000-sq.-ft. shopping center is anchored by a 112,000-sq.-ft. Target alongside national retailers such as Performance Bicycle, Super Cuts, Starbucks, Burger King and Quiznos.
     

  • Men's Wearhouse names new CEO

    HOUSTON — Men's Wearhouse has named Douglas Ewert president and CEO of the company, succeeding George Zimmer.

    As previously announced, Zimmer will continue as executive chairman of the board of directors.

    Zimmer stated, "I am excited to turn over the day-to-day reins of Men's Wearhouse to Doug. I know he has the same passion for this company and its people as I do. With him leading our efforts, we will continue to provide the highest level of service to our customers and our unique culture will thrive."  

  • Collective Brands CEO resigns

    Topeka, Kan. -- Collective Brands, parent to the Payless ShoeSource and StrideRite brands, announced Wednesday that its chairman and CEO Matthew E. Rubel has resigned, effective immediately.

    Rubel said in a release that he is leaving to pursue “a new chapter” in his career, and the company has offered no additional explanation.

    Collective Brands said it is searching for a permanent replacement.

  • Karlin Real Estate acquires two Phoenix-area centers

    Phoenix -- Los Angeles-based Karlin Real Estate said it has acquired through foreclosure two Phoenix-area shopping centers totaling nearly 220,000 sq. ft.

    The move follows the firm's purchase of a non-performing loan portfolio with an aggregate unpaid principal of approximately $65.5 million.

    The Boulevard at Surprise Pointe is a 201,223-sq.-ft. lifestyle center in Surprise, Ariz., anchored by a Walgreens and UltraStar Cinemas.

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