Skip to main content

Department Store

  • Mansour Group arranges sale of Almeda Crossing power center

    Houston – The Mansour Group has arranged the sale of the 99% leased, 223,223-sq.-ft. Almeda Crossing Power Center located in Houston, for more than $30 million. The seller was a Texas-based developer and The Mansour Group was able to deliver the property to a national REIT.

    The center is leased to an array of national tenants including Ross, Marshall’s, Staples, PetSmart, Conn’s, Party City, Show Carnival, Dollar Tree, Anna’s Linens, Aaron’s and many others and is shadow anchored by a Walmart supercenter.

     

  • Belk to offer by Project Runway winner

    Charlotte-based Belk has teamed up with Project Runway season 12 winner Dom Streater. The exclusive collection designed by Streater, "Dom," offers classic, premium designs in modern prints and is now available in 30 Belk locations, including belk.com.

  • DDR CEO Daniel Hurwitz to exit, company launches search for new chief

    Beachwood, Ohio -- DDR Corp. announced that CEO Daniel B. Hurwitz will be leaving the company next year, as he and the board agreed not to renew his employment agreement, which expires December 31, 2015.

    According to DDR, Hurwitz is expected to remain CEO through 2015 to facilitate a smooth leadership transition.

    Hurwitz was named CEO on January 1, 2010, after serving as the company’s president and COO for two years prior. He has worked for DDR in various senior executive capacities since June 1999.

  • Hhgregg hires private equity exec as CFO

    Indianapolis – Hhgregg Inc. has hired Robert J. Riesbeck as CFO, effective Sept. 15. Riesbeck brings more than 25 years of experience in financial and operations management, most recently serving as Operations Executive/Group CFO at Sun Capital Partners, where he was responsible for financial and operations oversight of a group of portfolio companies with combined revenues exceeding $5 billion.

  • Winick Realty Group leases first N.J. locations for 18/8 Fine Men’s Salons

    NEW YORK — 18 | 8 Fine Men's Salons has leased its first New Jersey locations in Somerset and Essex Counties. Winick Realty Group New Jersey broker Alison Cohen, the exclusive broker for 18|8 Fine Men's Salons in New Jersey, represented the salon in both transactions.

  • Levin Management names Body Central exec as VP of leasing

    North Plainfield, N.J. — David Reiner has joined retail real estate services firm Levin Management as VP of leasing. Most recently, Reiner served as director of real estate for Body Central Stores Inc.

    During the past 25 years, he has also has held executive- and management-level retail leasing positions with property owners such as Urban Retail Properties, Colonial Properties Trust, and Simon Property Group.
     

  • Walmart’s digital blueprint revealed in UK

    Walmart unveiled new details regarding the digital strategy for its Asda division in the United Kingdom that could have implications for how the retailer serves the U.S. market.

    U.K. shoppers love the internet and Walmart’s Asda unit is responding with growth of order online, pick up in store capabilities known as Click and Collect, dedicated facilities and the consolidation of Web sites.

  • Report: Apple hires Gap marketing director

    Cupertino, Calif. – Apple Inc. has reportedly hired Marcela Aguilar, senior global director of marketing communications for Gap Inc., to be its new director of global marketing communications, according to AdAge. Aguilar, who has worked at Gap since 2011, is credited as helping to drive the company’s resurgence in brand awareness, especially among Millennials.

X
This ad will auto-close in 10 seconds