REAL ESTATE

New leases bring Feil’s Nassau Mall & Kohl’s Plaza to full occupancy

BY Melonie Messina

New York — The Feil Organization announced the completion of Nassau Mall and Kohl's Plaza complex renovation in Levittown, New York. The renovation consisted of a new façade and re-tenanting the centers, which resulted in four new leases totaling approximately 11,000 sq. ft. and 100% occupancy at both centers.

Nassau Mall anchored by BJ's Wholesale Club added three new tenants: FedEx, Chipotle Mexican Grill and GoHealth. Kohl’s Plaza adds Curtains and Home, a 4,000-sq.-ft. space, located near the AMC Theatre section of the shopping center. In addition the theatre recently completed a multimillion dollar renovation that included installing luxury and reserved seating.

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OPERATIONS

AutoZone updates leadership for growth

BY Gina Acosta

AutoZone is making some changes to its leadership as the company positions itself for growth and expansion.

The company announced the following promotions:

• Phil Daniele, VP, Commercial Support, promoted to senior VP, commercial
• Bill Hackney, VP, merchandise pricing & analysis, promoted to senior VP, merchandising
• Jim Griffith, VP, store development promoted to senior VP, store operations
• Rod Halsell, VP, distribution promoted to senior VP, supply chain

"Each of these AutoZoners has worked in multiple areas across the Company which has provided them with a wealth of knowledge. Additionally, they each have a minimum of 22 years of AutoZone experience so they have a deep understanding of our culture, customers and businesses," said Bill Rhodes, chairman, president and CEO. "We are fortunate to have them as part of our senior leadership team."

AutoZone announced a slew of other executive changes last month. In September the nation’s leading automotive retailer ended its most recent fiscal year the same way it has for the past nine years – with double-digit profit growth and a favorable outlook for the coming year.

As of Aug. 29, the company operated 5,141 AutoZone stores in 49 states plus the District of Columbia and Puerto Rico in the U.S., and 441 stores in Mexico and seven stores in Brazil and 20 IMC branches for a total count of 5,609.

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OPERATIONS

Whole Foods Market adds Target omnichannel guru to exec ranks

BY Gina Acosta

Whole Foods Market is adding a Target veteran with experience in technology and omnichannel marketing to its executive leadership team.

The grocery retailer announced that it has named Don J. Clark global VP of purchasing for non-perishables.

“He is a proven leader in the retail industry with a clear track record of delivering results. His core values align very well with our company’s, and we are confident that Don will execute a range of innovative strategies that help take our non-perishables business to the next level.”

Clark will be responsible for all functions of Whole Foods Market’s non-perishable business, including growth through strong supplier relationships, inventory and category management initiatives and the management and expansion of the grocer’s robust exclusive brands program, which generated approximately $1.8 billion in sales in fiscal year 2014 from approximately 4,400 SKUs led by the company’s 365 Everyday Value line.

“We’re very pleased to welcome Don to our team,” said A.C. Gallo, president and COO. “He is a proven leader in the retail industry with a clear track record of delivering results. His core values align very well with our company’s, and we are confident that Don will execute a range of innovative strategies that help take our non-perishables business to the next level.”

Clark joins Whole Foods Market from Target Corporation, where he helped in the ongoing transformation of Target’s grocery business through significant investments in merchandising, produce sourcing, store design, supply chain, store operations, technology and omnichannel capabilities. Prior to that, Clark led the expansion of the Merchandise Planning and Presentation capabilities in Target’s Bangalore, India office for its U.S. store and .com businesses, where he implemented more efficient, cost-effective operations and innovative U.S. personalization and localization efforts.

“The Whole Foods Market brand is the benchmark in quality for all other retailers in the growing natural and organic grocery space,” Clark said. “I have a real passion for health and wellness and am thrilled by the opportunity to lead an already strong non-perishables team as we continue to further differentiate Whole Foods Market products from the competition.”

In fiscal year 2014, the company had sales of approximately $14 billion and currently has 431 stores in the United States, Canada, and the United Kingdom.

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