REAL ESTATE

The Fresh Market VP real estate to step down

BY Staff Writer

New York — The Fresh Market announced the resignation of Randy Kelley as SVP real estate and development. Kelley, who is leaving the grocer, to pursue a new business opportunity, will remain with the company through early spring.

“We are proud of the strong real estate strategy and disciplined processes he has instilled at The Fresh Market, which brought record store openings last year and allows us to enter fiscal 2013 with a full pipeline. The company will be well-served by the structure that Randy put in place, and we wish him the best as he starts his new real estate venture," commented Craig Carlock, president and CEO, The Fresh Market, Greensboro, N.C.

Rob Koch, the company’s senior director of real estate, will oversee real estate activities, and Steve Showalter, the company’s VP construction, will oversee development activities, while the company searches for a replacement.

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S.Gacho says:
Mar-17-2013 10:38 am

Resignation is somewhat you might consider as a main issue in the business especially those employees you have for a longer time. They tend to copy whatever they learn from your business. - Carmack Moving and Storage

S.Gacho says:
Mar-17-2013 10:38 am

Resignation is somewhat you might consider as a main issue in the business especially those employees you have for a longer time. They tend to copy whatever they learn from your business. - Carmack Moving and Storage

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REAL ESTATE

Uniqlo to open second U.S. mall location

BY Marianne Wilson

New York — Uniqlo, a division of Japan’s Fast Retailing Co., will open its second U.S. mall location, at Palisades Center in West Nyack, N.Y., on March 15.

The 24,000-sq.-ft. store will showcase Uniqlo’s complete offering of products for men and women, as well as its spring kids collection.

“We are thrilled to be opening at Palisades Center as we continue to execute our growth strategy in the U.S. We look forward to showing the patrons of Palisades Center our innovative products, exceptional customer service and brand philosophy," said Larry Meyer, COO, Uniqlo USA.

“Drawing on such a strong dedicated fan base from our Manhattan flagship stores, it was a natural progression to look further out into the Tri-State area for our next location. Palisades Center offers a good space within a great mall – factors we strongly consider when looking for a new store location for our family-oriented brand,” said Shin Odake, Uniqlo USA EVP, East Coast Operations.

This will be the company’s sixth U.S. retail location. There are currently three Uniqlo stores in New York City; one in Paramus, N.J.; and one in San Francisco. The retailer will open its seventh location next month, in April, at Westchester’s Ridge Hill in Yonkers, N.Y.

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itoffer says:
Mar-20-2013 07:32 am

MCITP Certification build on the technical proficiency measured in the Microsoft Certified Technology Specialist (MCTS) certifications, therefore you will earn one or more MCTS certifications on your way to earning an MCITP credential. 70-640

itoffer says:
Mar-20-2013 07:32 am

MCITP Certification build on the technical proficiency measured in the Microsoft Certified Technology Specialist (MCTS) certifications, therefore you will earn one or more MCTS certifications on your way to earning an MCITP credential. 70-640

S.Gacho says:
Mar-17-2013 10:39 am

They said that a lot products sell at the mall will cost more than the original price. Yes, it might be true because the company has to pay for the rental of the mall also. - Carmack Moving and Storage

S.Gacho says:
Mar-17-2013 10:39 am

They said that a lot products sell at the mall will cost more than the original price. Yes, it might be true because the company has to pay for the rental of the mall also. - Carmack Moving and Storage

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REAL ESTATE

Dick’s to open 40 stores in 2013 and debut Field & Stream format

BY Marianne Wilson

Pittsburgh — Dick’s Sporting Goods Inc. on Monday forecast a full-year profit for the current fiscal year that was less than expected, and also revealed it will debut a new retail concept in fiscal 2013 under the Field & Stream banner.

In 2013, the company said it will open two Field & Stream stores, 40 Dick’s Sporting Goods stores, one Golf Galaxy store and two True Runner locations. The chain also plans partial remodels of 75 existing Dick’s stores.

Dick’s said that its fourth quarter profit rose to $129.7 million from $111.1 million a year earlier. Sales for the quarter increased 12% to $1.8 billion, with a 1.2% increase in same store sales.

The company said that its growth investments in 2013 include:

  • Strengthening its omni-channel platform, including investments in advanced mobile capabilities, the piloting of pick-up in-store, and growth of the e-commerce team;
  • Remodeling existing stores;
  • Implementing new systems, and
  • Developing new concepts.

Net sales for the 53 weeks ended February 2, 2013 increased 12.0% from last year’s 52-week period to $5.8 billion, with a 4.3% increase in consolidated same-store sales.

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