REAL ESTATE

Forest City names two to marketing positions

BY CSA STAFF

Cleveland Forest City Commercial Management said it has named Lindsey Cottone as marketing manager for corporate commercial management and Melina Ferraez as director of marketing at Victoria Gardens, a mixed-use property in Rancho Cucamonga, Calif.

In her new position, Cottone will help develop and coordinate marketing programs for the portfolio of shopping centers. She was previously commercial development marketing manager, where she directed public and community relations and special events for six Forest City grand openings.  

Ferraez returns to Victoria Gardens, the property she helped open in 2004, as the marketing coordinator. Ferraez also served as marketing director for Forest City’s Promenade Temecula and oversaw marketing activities for the grand opening of the center’s 126,000-sq.-ft., open-air Main Street expansion.

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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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