REAL ESTATE

JBG announces leasing at North Bethesda Market

BY CSA STAFF

Chevy Chase, Md. The JBG Cos. and JBG Rosenfeld announced that they are bringing three new retailers to North Bethesda Market and Montgomery County.

Furniture retailer Arhaus; Seasons 52, a grill and wine bar; and Dolce Amore Cafe will join Whole Foods Market and LA Fitness at the 600,000-sq.-ft., mixed-use complex in North Bethesda, Md., across from White Flint Mall.

North Bethesda Market includes 200,000 sq. ft. of retail space and 400 apartment homes, half of which are located in a 24-story glass tower that is now Montgomery County’s tallest residential building. Residential leasing will kick off early this summer.

“North Bethesda Market is positioned to be the gateway into the new White Flint corridor and we are thrilled to introduce new and exciting retailers to this market,” said Kai Reynolds, executive development officer for The JBG Cos.

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Macy’s celebrates Pride month

BY CSA STAFF

NEW YORK Macy’s announced that it has celebrating Pride month with a multitude of in-store fashion events, advertising support, special tribute windows in select stores, gift registry booths for same-sex couples in key cities, as well as sponsorship and employee participation in Pride parades across the country.

“We are proud to support our LGBTQ employees and consumers through initiatives that recognize and honor our commitment to diversity and inclusion,” said Corliss Fong, Macy’s vice president of diversity strategies. “Macy’s remains a steadfast supporter of inclusiveness in all aspects of our business and we join in celebration with millions across the nation who live with pride and joy this June.”

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GameStop announces exec promotions

BY CSA STAFF

GRAPEVINE, Texas GameStop has announced the promotion of existing executives into new positions within the company.

The promotions include: Daniel  DeMatteo, executive chairman, from CEO; J. Paul Raines, CEO, from COO; Tony Bartel, president, from EVP merchandising and marketing; and Robert Lloyd, EVP and CFO, from SVP and acting interim CFO.

 

“I am pleased to congratulate the team along with our board on the execution of this succession plan that has been two years in the making,” indicated Dan DeMatteo. “Paul, Tony, Rob and Mike are filling key positions that will allow GameStop to continue its growth both here and internationally. This includes expansion into new markets and continued focus on strategic initiatives such as our new loyalty program, downloadable content (DLC) marketing and sales, and the evolution of GameStop.com into a robust digital platform.”

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