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  • Family Dollar Stores names senior VP real estate

    Matthews, N.C. -- Family Dollar Stores names Brad Rogers as senior VP real estate. He replaces Keith Gehl, who retires from the company at the end of June.
       
    Rogers joined Family Dollar in 1998 as a real estate manager with responsibility for new store development in North and South Carolina. Between 2006 and 2011, Rogers assumed greater roles with increased responsibilities, and in 2011, he was named VP real estate.

     

  • Retail Goes South

    Hordes of spend-happy young Mexican shoppers are successfully attracting specialty apparel retailers from the U.S. and Europe – and, as mentioned in a recent report by Wall Street Journal, Walmart is feeling the pain.

  • New VP of real estate at Family Dollar

    MATTHEWS, N.C. — Family Dollar has named Brad Rogers as the company's SVP of real estate. Rogers replaces Keith Gehl, who announced his retirement from the company at the end of June. Rogers will report to chairman and CEO Howard R. Levine.

  • Report: Target revs up grocery business

    NEW YORK — Target has set its sights on consumers who want organic, natural products, with a new organic and natural store brand called Simply Balanced, according to a report by the Associated Press.

    Target told the AP that it will begin to roll out drinks and snacks like corn chips on Sunday, June 9. According to the report, the line is an outgrowth of similar products within its existing Archer Farms store brand, which is positioned as a premium alternative to national name brands.

  • Sears Hometown Q1 profit falls 27%

    Hoffman Estates, Ill. -- Sears Hometown and Outlet Stores Inc. reported  a 27% drop in first-quarter earnings amid a cool spring throughout much of the country and rising costs.  But the company, a spinoff from Sears Holdings Corp., pointed to improving signs in late spring.

    Sears Hometown earned $15 million in the quarter that ended May 4, compared with $20.6 million in the year ago period.

    Revenue dropped 3% to $601.1 million. Same-store sales fell 5%.

  • Tom Cruise touts Walmart’s accomplishments

    The world’s largest company held its annual shareholders meeting Friday morning and the most noteworthy development at the event — aside from a $15 billion share repurchase authorization — was a surprise appearance and glowing comments by Hollywood heavyweight Tom Cruise.

  • Phillips Edison appoints new GM for The Shoppes at Parma

    CINCINNATI — Phillips Edison & Company has named John S. Kokinchak, SCSM, SCLS, as GM of Parmatown Mall in Parma, Ohio, Cleveland's largest suburb.

    Kokinchak, a veteran executive of the shopping center industry, will assist in leading the transformation of the historic retail location into The Shoppes at Parma, a "Main Street" destination for shopping and dining that will act as a town center for residents of Parma and surrounding communities.

  • The Bangladesh Tragedy: The Tipping Point From Hell

    By John Paluszek, [email protected]

    This time it is different.
     
    But the question remains: Is it different enough? Let us, then, count the ways.
     
    The “tipping point” may seem facile, but the current dramatic increment of tragic incidents is now more toxic to more corporate reputations.  That’s a big deal, generating a new dimension of company action.
     

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