REAL ESTATE

Body Arts and Power Studio opens at Plymouth Meeting Mall

BY CSA STAFF

Plymouth Meeting, Pa. Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Body Arts and Power Studio has opened at Plymouth Meeting Mall, in Plymouth Meeting, Pa.

The locally owned, 1,439-sq.-ft. studio is located next to Boscov’s on the mall’s lower level.

The opening of Body Arts & Power Studio is part of Plymouth Meeting Mall’s $100 million redevelopment, which also includes addition of Whole Foods Market & Cafe; destination restaurants Benihana, California Pizza Kitchen, P.F. Chang’s and Redstone American Grill; and entertainment venue Dave & Busters.

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Holley named Walmart CFO

BY CSA STAFF

BENTONVILLE, Ark. – Veteran finance executive Charles Holley was named to replace Tom Schoewe as CFO of Wal-Mart Stores Inc., the company announced late Wednesday. Holley joined Walmart in 1994 and most recently served as EVP finance and treasurer. Schoewe joined Walmart in 2000 as CFO.

Walmart CEO Mike Duke called Holley a talented strategist who thoroughly understands the details of Walmart’s business and the financial markets.

“As treasurer, he has helped drive the strategy behind the company’s strong financial position and has made every organization he has led stronger,” Duke said.

The change will take effect on Nov. 30, and Schoewe will remain with the company until Jan. 31, 2011.

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Beyonce’s mom gets exclusive line at Walmart

BY CSA STAFF

NEW YORK – Tina Knowles announced the introduction of her Miss Tina by Tina Knowles line exclusively at Walmart in October.

The collection will feature denim, graphic t-shirts, embellished tops, day dresses, tunics, jackets, leggings and track suits, with each item retailing for $20 or less.

Tina Knowles is the co-creative director and co-founder of the House of Dereon, Dereon, and Miss Tina fashion collections produced by Beyond Productions, a partnership with daughter Beyonce.

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