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Fraport to manage retail malls at four U.S. airports
Frankfurt, Germany – Germany-based airport management services provide the Fraport Group has expanded its international portfolio in the global airport market by acquiring 100% of U.S.-based AMU Holdings Inc., which owns Airmall USA Holdings Inc. Airmall markets space at the aviation hubs of Baltimore, Boston, Cleveland and Pittsburgh.
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Zant named president at Belk
Regional department store operator Belk wasted no time filling its president and head merchant position after Kathryn Bufano vacated those positions to become CEO of The Bon-Ton Stores.
Within minutes of Bon-Ton’s announcement that it had hired Bufano, Belk named David Zant president and chief merchandising officer, effective August 11. Zant has served as EVP and general merchandise manager of men’s, home and kids since 2008 and in his new role will report to Tim Belk, chairman and CEO of the 299-unit chain.