OPERATIONS

ICSC names divisional VP, Europe

BY Staff Writer

London — The International Council of Shopping Centers’ executive committee has elected Marcus Wild, CEO of SES Spar European Shopping Centers, as divisional VP for the association’s European division.

Wild will be the first appointment to the newly created volunteer leadership position, which the association anticipates will better serve the needs of its European members. Wild has also served on the ICSC’s board of trustees for two years and is also the past chairman of the ICSC European Advisory Board. The announcement was made official during ICSC’s annual meeting of members at RECon, the global retail real estate convention.

“Marcus joins a distinguished group of ICSC members who not only develop new and exciting programs for our members, but also serve as the voice of the industry in their respective regions,” said ICSC president and CEO Michael P. Kercheval. “With Marcus representing ICSC membership in Europe, the wants, needs and desires of our members there will be addressed at the highest level of our organization. All of us here at ICSC look forward to working with Marcus during his term.”

During RECon, ICSC also announced that it has struck collaborative membership agreements with both the British and French Shopping Centre Councils to provide education, advocacy, research and networking opportunities for the retail real estate industry in these countries. With the addition of the British and French Shopping Centre Councils, ICSC’s European membership increased to 7,000, an all-time high for the organization.

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OPERATIONS

Survey: 11% of adults consider themselves shopaholics

BY Katherine Boccaccio

Whiting, Ind. — Survey results released Thursday by CouponCabin.com found that more than one-in-10 Americans say their shopping habits have put them in debt, with 20% saying the most amount of shopping debt they’ve been in exceeds $5,000.

The survey, conducted by Harris Interactive, also revealed that 41% of U.S. adults have created shopping debt of more than $1,000. Eleven percent consider themselves to be shopaholics.

“We’re bombarded with ads, daily deal emails and coupons every single day, so taking a step back and reflecting on your budget can be difficult,” said Jackie Warrick, senior savings adviser at CouponCabin.com. More than half (63%) of respondents think online shopping makes it easier to be a shopaholic.

Other survey findings include:

  • Seven percent of U.S. adults said they have hurt relationships with family and friends by being addicted to shopping, while 20% have hidden purchases on purpose from close family or friends.
  • Six percent said they have sought professional help (e.g. from a psychologist or other mental health professional) to help cut down on shopaholic tendencies.
  • For some consumers, saving money can become its own obsession. 47% of survey respondents consider themselves to be "saveaholics" (addicted to saving money, an extreme couponer, bargain hunter).

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OPERATIONS

Home Depot to hold more than 700 in-store hurricane workshops

BY Katherine Boccaccio

Atlanta — The Home Depot announced a single-day effort to prepare residents in storm-prone regions for the upcoming hurricane season. On July 27, Home Depot said it will host Hurricane Preparedness Workshops at more than 700 of its stores from the Gulf Coast to New England.

The expansion of the workshops is one of several preemptive measures the company is taking in preparation for 2013 hurricane activity, which is once again predicted to be above average.

Workshop leaders will cover critical hurricane readiness topics, such as storm prep projects, generator safety, sizing generators for specific home or business needs and assembling disaster preparedness kits.

"We play a critical role in the disaster response infrastructure before and after storms, and we have expanded that focus to more stores and facilities in our Northern Division," said Marvin Ellison, executive VP U.S. Stores.

In addition to moving Workshops farther north this year, Home Depot has expanded its hurricane operating plan and has enhanced its supply chain readiness in northern facilities, including a new rail-connected distribution depot serving Long Island, Queens and Brooklyn.

In other storm-related efforts, the company opened a unique satellite storm recovery location in Seaside Heights, N.J., for post-Superstorm Sandy recovery.

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