823 Congress Avenue
Austin, Texas — T. Stacy & Associates, who has been involved with some of Austin’s most iconic buildings, announced that it will reconfigure street-level space in its headquarters building at 823 Congress Avenue to a size and quality sufficient to attract a major retailer and that it has begun an aggressive search to find the “perfect tenant.”
Company president Tom Stacy said he hoped to have the space leased by 2012. “The timing is perfect given the renaissance of retail in the central business district,” Stacy said. “It is by far the largest retail space available downtown. The fact that it is on the corner of 9th and Congress, two blocks from the state Capitol, and that it has ample parking is a tremendous asset.”
The 17,000-sq.-ft. space is being vacated by the Austin Museum of Art, which announced that it was moving out of downtown and consolidating its space at the Laguna Gloria property it has owned for decades.
Craig Sorrels, owner of CSWG, will lead the T. Stacy team in leasing the space to what he calls “the perfect tenant.” Sorrels has represented such retailers as Ann Taylor, Brooks Bros., Dana Buchman and Baccarat. He has also served a stint as senior VP for real estate development and business strategy for the Walt Disney Co., during which time he helped develop the Disney Stores Worldwide, opening stores in the U.S., England, Germany and Tokyo.
Sorrels has worked closely with the Downtown Austin Alliance for the last three years and will continue to do so; the DAA is leading an effort to revitalize and redevelop Congress Avenue.
Meijer gets in on ship-to-store trend
GRAND RAPIDS, Mich. — Just a few months after launching its Doorstep Grocer program, Meijer is allowing its online shoppers to order items and have the merchandise shipped to a local store at no cost.
The new Order-to-Store program allows shoppers to designate which Meijer store they would like to use as their pickup location. Once the order is received by the store, the customer will receive email notification that their items are ready for pickup.
"This is another example of how Meijer is making the online shopping experience as convenient and affordable as possible for our customers," said Rick Keyes, Meijer EVP supply chain operations and e-commerce. "Not only are we eliminating shipping costs, we’re also enabling shoppers to return the items to their local stores. This is a money- and time-saving program that allows even more customers to take advantage of the great offerings we have at Meijer.com."
Former Ohio Gov. spokesman takes talents to Kroger
CINCINNATI — Kroger has named Keith Dailey director external corporate communications. According to the company, Dailey will be oversee national media communications for Kroger, which operates 2,458 supermarkets and multi-department stores in 31 states under two dozen local banner names.
Serving as the spokesman for such a large company should come easy to Dailey. As the communications director forformer Ohio Governor Ted Strickland, he likely had his fair share of media issues to tackle.
Fortunately for Dailey generating good publicity for Kroger should be easy. The company reported that third-quarter revenue, including fuel, leaped 5.9% to $18.7 billion, the supermarket giant reported. Excluding fuel sales, total sales increased 3.1% in the third quarter, which ended Nov. 6, the company noted. Earnings per share for the company rose to 32 cents per share, totaling $202.2 million. During the same period last year, Kroger reported a net loss of $874.9 million, or $1.35 per diluted share, after the company’s $1.05 billion write-down of its Ralphs division.
"Keith has a wealth of experience and talent and we’re very pleased that he is joining the Kroger family," said Lynn Marmer, group VP corporate affairs.