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  • A whole new take on an old mall has a Colorado community celebrating

    With the breathtaking Twin Peaks of the Colorado Rockies as backdrop, a new project underway in Longmont, Colo., is leveraging both the views and community demand to create a “top drawer outdoor village experience,” said Allen Ginsborg, managing director and principal of NewMark Merrill Mountain States, based in Fort Collins, Colo.

  • Accenture: Retailers scale back global expansion

    New York -- The world’s largest retailers have been scaling back their global expansion activities, particularly in Asia, and turning their attention inward by integrating operations and strengthening their store, Internet and mobile sales channels, according to a new report by Accenture.
        

  • Delhaize Group names Maura Smith general counsel

    Brussels, Belgium -- Global supermarket operator Delhaize Group, whose U.S. divisions include Food Lion and Hannaford Bros., has named Maura Smith as executive VP, general counsel and general secretary. Smith formerly served as executive VP of government affairs, general counsel and secretary of PepsiCo and has 30 years of corporate legal experience.

    Smith will report to CEO Pierre-Olivier Beckers and is succeeding Michael Wallers, who is entering a planned retirement.

     

  • Main Street Fairness Act

    By Garrick Brown, research director, Terranomics

  • Safeway names CEO

    Pleasanton, Calif. -- Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.

    "Since he arrived here in 2004, Robert has successfully met every challenge he has faced," Burd said. "He has demonstrated the ability to lead the company in all facets of its operations, and has earned the respect of the entire organization."

  • Safeway names CEO

    Pleasanton, Calif. -- Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.

    "Since he arrived here in 2004, Robert has successfully met every challenge he has faced," Burd said. "He has demonstrated the ability to lead the company in all facets of its operations, and has earned the respect of the entire organization."

  • PwC US: Total deal value and volume surges in Q1

    New York -- Multibillion dollar transactions drove U.S. retail and consumer deals during the first quarter of 2013, according to PwC US.

    For the three month period ending March 31, 2013, there were a total of 27 deals in the retail and consumer sector with disclosed values greater than $50 million, accounting for $39.8 billion in deal value. Deal volume increased 59% from the 17 deals during the first quarter 2012, while deal value rose 590% from $5.8 billion in first quarter 2012.  

  • Petco to open at Hamilton Plaza

    Hamilton Township, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said that Petco will open a store at Hamilton Plaza, located in Hamilton Township, N.J.

    The pet supply retailer leased 13,640 sq. ft. at the 175,515-sq.-ft. center which is anchored by ShopRite and A.C. Moore. Other tenants include Sleepy’s, Dollar Tree, Hallmark, New Wave Wireless, Moe’s Southwest Grill and Texas Roadhouse.   

     

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