Construction starts on Juanita Tate Marketplace in South Los Angeles
Los Angeles — Construction has begun on Nadel Architects-designed Juanita Tate Marketplace, a 77,096-sq.-ft. outdoor retail center in South Los Angeles. Owned by Regency Centers, the $21 million development will bring a full-service grocery and retail center to the highly underserved surrounding community.
The center is being designed by Nadel Architects.
“When designing Juanita Tate Marketplace, our goal was to provide a convenient, centralized shopping destination that supplies a wide range of food and services catering to the South Los Angeles community,” said Greg Palaski, managing principal and project director of Nadel Architects. “In addition to coming up with the most cost-effective way to develop the center and remain consistent with the tenants’ requirements, our design helped create an inclusive retail center for local residents to enjoy.”
The center consists of a 42,500-sq.-ft. building to be occupied by the anchor, a 14,576-sq.-ft. building for CVS and two additional free-standing buildings totaling 20,000 sq. ft. with space for up to 12 small shops. Nadel designed the buildings as if they were built separately to give a small-town Main Street, commercial feel.
Nadel’s contemporary design features brick, tile and plaster walls as well as elements that are visually appealing and reflect the commercial buildings from the surrounding area with high transom windows, cantilevered metal awnings and stepping roof lines.
The general contractor on the project is MATT Construction.
RadioShack extends relationship with Citi Retail Services
RadioShack has extended its long-term agreement with Citi Retail Services. Under the agreement, Citi will continue to provide service-enhancing solutions and analytics in support of RadioShack’s targets for growth.
“Our business is in the midst of a significant and exciting transformation,” said Joe Magnacca, Radio Shack’s CEO. “Citi Retail Services has been an important partner for RadioShack, delivering the consistency and high level of service that is vital to our success. We are happy to continue to offer this program to our customers with Citi’s partnership.”
“RadioShack has been a strong partner of Citi’s since 1985, with a shared focus on customer satisfaction,” said Leslie McNamara, managing director and EVP of partner management for Citi Retail Services. “We appreciate RadioShack’s continued loyalty and commitment to our relationship.”
RadioShack will re-launch its private label credit card in the first quarter of 2014, with new branding. This will be one element of a brand refresh that includes new and exclusive product offerings, brighter and more easily shop-able stores and the opening of more than 100 concept and brand statement stores before the end of 2013.
According to Citi Retail Services, the renewed agreement affirms its position as a top provider of private label and co-branded card products to North American retailers and their customers.
Citi, a leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management.
Citi Retail Services is a leading provider of consumer and commercial credit card products, both private label and co-branded, to national and regional retailers and their customers across the U.S. It also provides retail industry expertise, including transaction data analytics, and fully integrated marketing and loyalty programs. The business services millions of accounts for a number of brands, including Best Buy, ExxonMobil, Macy’s, Sears, Shell and Home Depot.
CTPartners adds partner to consumer and retail practice
CTPartners, a leading global retained executive search firm, has appointed Jefferey DeFazio to be a partner in firm’s consumer and retail practice based in San Francisco.
DeFazio has worked with leading global brands in the consumer and retail industry, placing board members and senior executives in multinational companies, and has also recruited for smaller fast-growing private equity- and venture capital-backed organizations. He joins CTPartners from another major search firm where he spent three years leading the consumer practice on the West Coast.
His corporate experience includes executive positions with Black and Decker, Kohler, Jacuzzi Brands, Coleman and private equity-backed companies where he led growth and turnaround oriented strategies that resulted in successful shareholder returns and exits.
“Jeff is a bright and focused consumer practice executive search consultant, possessing the qualities and traits that are a terrific match to the CTPartners values. His work is impressive, as is his client list, and I know that he will be successful joining our thriving consumer and retail practice,” said CEO Brian Sullivan.
“We are very excited to have Jeff join our team. His experience in the consumer sector is a great complement to our global practice. Jeff understands that clients want talent assessment, acquisition and management strategies, and he can deliver all of these capabilities,” said Tim Boerkoel, global head of the consumer and retail practice.
“I’m thrilled to be joining a multinational team that cares deeply about client service, global collaboration and measured results. The CTPartners operating platform leverages an impressive set of technologies creating real time, continuous transparency for clients,” said DeFazio.