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Retail Execution

  • Shoewear giant taps veteran to head up new division

    The parent company of Famous Footwear is expanding its men's and international operations.    Caleres has tapped Malcolm Robinson as president of the company’s new men’s and international division. He will oversee the strategic growth initiatives for the Caleres men’s brands, as well as expand an international footprint across the company’s portfolio.  

  • Cushman names director of Palm Beach brokerage

    Cushman & Wakefield has tapped Dominic Delgado as senior director of its retail brokerage for Palm Beach and Broward County, Florida.   Delgado moves over to Cushman from LDR Partners, a Florida firm that focused on acquisition of low-performing retail, office, and hospitality real estate during the recession. As executive VP there, Delgado represented a mix of national and regional developers and REITs.  

  • Report: The Body Shop to be sold in $1 billion deal

    It appears that L'Oreal has settled on a buyer for The Body Shop.   The French cosmetics giant is in exclusive talks to sell its Body Shop division to Brazilian make-up company Natura Cosmeticos, Bloomberg reported. The reported price: $1.1 billion,   Natura is the largest Brazilian cosmetics company.   The transaction would be subject to regulatory approval and would be expected to close later this year.    

  • Grocery drives new developments in Chicagoland

    New shopping center development in the Chicago metropolitan area will barely top 1 million sq. ft. in 2017, a nearly 50% plunge from just two years ago, according to Mid-America Real Estate Corporation.   “While new construction is not as robust as previous years, adaptive reuse of existing retail space continues to offer an opportunity for expanding retailers,” said Andy Bulson, the company’s director of suburban tenant representation.   Where new GLA does appear, reveal

  • Industry Commentary: Walmart's employee delivery initiative

    Walmart recently announced a pilot program where its associates would be given the option to deliver online orders on their way home from work. Two industry experts offer their comments on the program below:   

  • Mid-America to handle leasing for Macy’s Minneapolis landmark

    Mid-America Real Estate has been tapped to handle the marketing and leasing of the Macy’s building being redeveloped in downtown Minneapolis.   Located on the corner of South 7th and Nicollet Mall, the landmark store that was originally Dayton’s will tie together its street and skyway levels and fill them with entertainment providers, a food hall, and traditional retailers new to the market. 601w Companies and United Properties are the developers.  

  • Dollar Tree signs five leases in New Jersey

    Dollar Tree is making headway on its strategic move into the nation’s most densely populated state.   The value chain has executed five leases at locations in New Jersey, the largest a 12,230-sq.-ft. inline space at Plainfield Plaza, a grocery-anchored center in Plainfield, according to R.J. Brunelli, Dollar Tree’s real estate representative in the state.   Other locations:   Toms River: 10,200-sq.-ft. freestanding space on Route 37

  • Pilot Flying J adds new executive position

    Pilot Flying J has added a new title to its management team.    The company announced that Whitney Haslam-Johnson, previously VP of brand and customer experience, has been named to the new position of chief experience officer at Pilot Flying J. Johnson is also a member of the company’s board.   
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