FINANCE

Fresh Market files for secondary public offering

BY CSA STAFF

Greensboro, N.C. — The Fresh Market announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed secondary public offering of its common stock.

The shares of common stock to be sold in the offering are expected to be offered by certain of its stockholders. The selling stockholders will receive all of the proceeds from the offering. The company will not receive any proceeds from the offering.

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OPERATIONS

Tb!s the bargain shop names CEO

BY CSA STAFF

Mississauga, Ontario — Tb!s the bargain shop, a leading Canadian discount store chain, announced that Beryl “Jack” Buley has been appointed president and CEO, effective immediately. Tb!s operates 238 stores in Canada.

Buley’s promotion is designed to position Tb!s to continue to expand its retail footprint and gain share in the Canadian market. Former president and CEO, Michael Roellinghoff, will assume the role of vice chairman of the board.

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REAL ESTATE

Trademark Property acquires department store

BY CSA STAFF

Fort Worth, Texas — Trademark Property Co. said Tuesday it acquired a vacant 67,000-sq.-ft. department store space formerly occupied by Mervyn’s in its Santa Fe Place mall located in Santa Fe, N.M.

The 571,238-sq.-ft. Santa Fe Place was acquired in the summer of 2010. Trademark is directing the remerchandising and redevelopment of the property, which is Northern New Mexico’s only regional mall, for its private equity partner.

“This significant investment, which has been in the works since May of 2010, definitively secures our ownership and control of this prominent anchor space and marks a major milestone in the redevelopment of Santa Fe Place,” said Trademark Property Co. president Tommy Miller.

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