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  • Click and collect coming to Bentonville

    Walmart has gotten the green light to build its drive-in grocery center in Bentonville, Ark., near the intersection of S. Walton Blvd. and J St., according to an article in The City Wire.

    The article reported that Bentonville’s Planning Commission approved Walmart’s request “to approve slight variations in its parking stall depths, number of curb cuts and the building materials . . . with no discussion.”

  • Simon to spin off Washington Prime Group

    IndianapolisSimon Property Group plans to distribute all of the common shares of Washington Prime Group Inc. to Simon stockholders. Following the distribution, Washington Prime will be an independent, publicly traded company listed on the New York Stock Exchange under the symbol “WPG.”

    Washington Prime (www.washingtonprime.com) will own or have an interest in 54 strip centers and 44 smaller enclosed malls across the United States, comprising approximately 53 million sq. ft.

  • Hudson’s Bay names CFO

    Toronto -- Hudson’s Bay Company named Paul V. Beesley as CFO, effective in June.

    Beesley is a senior executive with extensive experience in financial management and strategic development across a range of leading Canadian-based companies. From 2000 to 2014, he served in a number of executive roles with Empire Company Limited, a corporation with annual sales in excess of $19 billion and operations in retailing and related real estate, including chief corporate development officer of the Sobeys unit and executive VP and CFO of Empire.

  • Hudson’s Bay taps new financial chief

    Hudson’s Bay Company has named Paul V. Beesley as CFO, effective June 2014.

  • GNC Holdings profit slides in Q1

    Pittsburgh -- GNC Holdings reported that net income for the quarter ended March 31 dipped to $69.9 million, from $72.6 million in the year-ago period.

    Retail revenue grew 3.1% to $509.0 million, compared to $493.5 million for first quarter 2013, driven primarily by strength from the e-commerce sector. Consolidated revenue edged up 1.9% to $677.3 million. Same-store sales decreased 0.7%.

  • Ross Stores names chief merchandising officer Barbara Rentler as new CEO

    Dublin, Calif. -- Ross Stores’ board approved a succession plan that elevates Barbara Rentler from president and chief merchant to CEO, effective June 1, replacing Michael Balmuth who will transition to executive chairman.

    Current president and COO Michael O’Sullivan will continue in his present position.

    Other promotions effective June 1 include: Lisa Panattoni to president, merchandising; and Bernard Brautigan to group executive VP merchandising.

     

  • Retail imports to increase 3.5% in May as port labor negotiations begin

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 3.5% in May as negotiators prepare to begin talks on a new contract for West Coast dockworkers, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Neiman Marcus Group bolsters board

    The Neiman Marcus Group has added Adam Brotman, Phillipe Bourguignon, and Vivek “Vic” Gundotra to its board of directors.

    Brotman is chief digital officer for Starbucks and is responsible for Starbucks’ core digital businesses, including mobile and mobile payments, Web, card, loyalty, e-commerce, wi-fi and the Starbucks Digital Network. Prior to joining Starbucks in 2009, Brotman held key leadership positions at leading digital media companies including Corbis and PlayNetwork.

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