REAL ESTATE

Celebrate Schools!

BY CSA STAFF

General Growth Properties malls across the country have partnered with online charity DonorsChoose.org for its Celebrate Schools! philanthropic initiative.

The partnership is designed to shine the spotlight on the importance of a quality education and assist local schools and teachers with much-needed supplies and funding.

“Being able to directly impact the quality of a child’s education is extremely important,” said Susan Houck, senior VP marketing, GGP. “DonorsChoose.org makes it so easy, and tangible, for our malls to help give back to local schools in their respective communities.”

More than 120 GGP malls kick off its DonorsChoose.org partnership in early September with a matching donation drive. GGP is donating $300,000 to match funds donated by shoppers, doubling the impact of the program. In October, centers nationwide will host Celebrate Schools! with various in-mall charitable events to help raise funds and awareness for schools. All funds raised go directly to the schools for funding/supplies. Activities include student performances, fashion shows, coupon book sales, spelling bees, cheer contests and science fairs.

In addition GGP is giving away $20,000 to one U.S. school that will be nominated by a mall’s Club member. The Club membership is free and easy to obtain. Shoppers can join The Club at in-mall signing stations that allow a Club member to sign-up and nominate a local-area elementary or high school for the opportunity to receive a $20,000 award. All eligible, nominated schools will be included in the national drawing.


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News

Report: U.S. considers wide-ranging retail bribery investigation

BY Staff Writer

Chicago — A Thursday report compiled by Reuters and published in the Chicago Tribune said that U.S. authorities are weighing whether or not to launch a wide-scale investigation of the retail industry for bribery violations.

The news comes after Wal-Mart de Mexico came under scrutiny for potentially violating an anti-foreign bribery law, allegedly orchestrating bribes of $24 million to facilitate its growth in the region.

Other retailers have since reported to U.S. agencies suspicions of their own potential violations, which in turn has the Justice Department and SEC considering a sweep of the entire industry, unnamed sources told Reuters.

To read the full article, click here.

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OPERATIONS

Fresh & Easy makes corporate staffing cuts

BY Staff Writer

El Segundo, Calif. — A Thursday report by Supermarket News said that Fresh & Easy Neighborhood Market has eliminated as many as 40 positions at its corporate offices.

While the number of layoffs has not been confirmed, sources say it nears 40 jobs, mostly in real estate and store-opening support.

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