Department Store

The retail industry is abound with digital innovation, with brick-and-mortar stores rapidly adopting retail technology tools, services and gadgets in order to become a more relevant part of the consumer’s day. Emerging retail technologies are poised to make a splash among retailers in 2016, but not all serve the same purpose.

Mall owner Westfield Corp. has acquired two buildings owned by Macy’s at Westfield Mission Valley mall in San Diego for approximately $16.5 million.

Included in the sale were a full-line Macy’s department store and a nearby — and much smaller — building that houses a restaurant.

The purchase comes as the retailer remains under pressure from an activist investor to sell off full or partial stakes in some of its real estate.

Sears Holdings has named an expert in digital transformation to fill the newly created role of chief administrative officer.

The company has named James P. Andrew to fill the new position, which will be responsible for the company's corporate support functions, including financial planning and analysis, business finance, procurement, legal, and human resources.

Kohl’s, The Home Depot and Sears Holdings have all been honored with 2016 Energy Star Partner of the Year — Sustained Excellence Awards from the Environmental Protection Agency for leadership in sustainability efforts.

KOHL’S: Kohl’s was recognized for its continued leadership in protecting the environment through superior energy efficiency achievements. It is the fifth consecutive year that the retailer has been recognized with the Energy Star Partner of the Year – Sustained Excellence Award.

Lafayette, La. -- Stirling Properties and CBL & Associates Properties celebrated the grand opening of Ambassador Town Center located in Lafayette, Louisiana. The center is currently 97% leased and includes either first-time locations within Lafayette or Louisiana, or both.

Many retailers are lagging in their EMV adoption efforts, and many consumers may not care that much.

Ross Dress for Less opened a new store in Woodbridge, Virginia, on March 5.

The 25,000=sq.-ft. store is located in Prince William Square, on the northwest corner of Smoketown Road and Gideon Drive, 20 miles southwest of Washington, D.C.

The opening is part of Ross’ 2016 expansion program, totaling about 70 new locations during the year.

Sears Holdings announced Monday that James Andrew has joined the company in the new role of chief administrative officer. In this position he will be responsible for the company's corporate support functions, including financial planning and analysis, business finance, procurement, legal and human resources.