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Jos. A. Bank opens at Willow Grove Park
Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Jos. A. Bank has opened at Willow Grove Park, in Willow Grove, Pa.
The 4,465-sq.-ft. store is located next to Bloomingdale’s and joins other men’s fashion collection stores Men’s Wearhouse and Tux, Express, J. Crew, Banana Republic and Guess.
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Kroger CEO pay falls for third consecutive year
Cincinnati -- Kroger Co. CEO and chairman David Dillon saw his pay fell again as the chain's sales and profit growth fell below tough targets amid continuing economic instability.
An Associated Press analysis shows Dillon received compensation for 2011 valued at $5.4 million, down 19% from 2009. It is the third straight year in which Dillon's largely performance-based pay fell.
The AP's calculation counts salary, bonuses, perks and stock and options awarded to the executive during the year.