Data & Analytics

Anaheim, Calif. -- NewMark Merrill Cos. announced that Anaheim Town Square, in Anaheim, Calif., added four tenants to achieve 99% occupancy. The center’s four newest tenants are Staples, Yuva Threading Salon, Hawaiian King BBQ and Waba Grill.

Staples, which opened in December 2011 located next to HomeTown Buffet, signed a 10-year lease for the approximately 17,500-sq.-ft. store.

Yuva Threading Salon signed a five-year lease for an approximately 900-sq.-ft.

Covington, La. -- Stirling Properties announced it has acquired Shreveport, La.-based Avant Properties, strengthening Stirling’s presence in the Gulf South.

Avant Properties’ current personnel and portfolio will be integrated into Stirling Properties operations. 

Oak Brook, Ill. -- McDonald’s Corp. reported Tuesday that consolidated revenues for fiscal 2011 rose 12% to a record-high $27 billion. The restaurant chain also said that global same-store sales increased 5.6% for the year ended Dec. 31, with positive comps across all geographic segments for every quarter.

"During 2011, McDonald's continued momentum drove higher profitability and market share gains as we fortified our leadership position around the world," said McDonald's CEO Jim Skinner.

Minneapolis -- Target Corp. announced Tuesday it has promoted current senior VP-finance John Mulligan to executive VP and CFO, effective April 1.

The announcement concludes a comprehensive search which included both internal and external candidates, said Target.

Mulligan succeeds Doug Scovanner, who announced his retirement last November.

A 16-year Target veteran, Mulligan has held leadership positions in finance, target.com and human resources.

SAN FRANCISCO — Williams-Sonoma has announced that Mary Ann Casati and Lorraine Twohill have been elected to its board of directors.

“We are excited to have Mary Ann and Lorraine join our board,” said Adrian Bellamy, chairman of the board of directors of Williams-Sonoma Inc. “These two individuals each bring a unique perspective and expertise that we believe will help shape the success of our company.”

SAN FRANCISCO — Home Depot has announced the purchase of Redbeacon, an online matchmaker that connects consumers with contractors for home repairs, maintenance and remodeling. The purchase price was not disclosed. 

NEW YORK — Retailers will have to rethink their position in the market, along with strategies they have used thus far, to keep themselves in the game, according to a new Deloitte report, "The Next Evolution: Store 3.0."

SUNBURY, Pa. — Weis Markets on Monday announced it has joined the SmartWay Transport Partnership, a U.S. Environmental Protection Agency program, that will help the grocer assess the environmental and energy efficiency of the trucks supplying its 161 stores.

One thing merchants know about markdowns is they are best taken early and at a modest level to stimulate sales as opposed clinging too long to the belief goods will sell at full price only to realize steeper cuts are needed. Apparently this philosophy doesn’t apply in the financial services world where Target has temporarily suspended the sale of its credit card receivables portfolio on better terms.

A letter that surfaced last week from Target executives to the company’s suppliers brought back memories of Tom Hanks signature line from the movie A League of Their Own about how there is no crying in baseball.