Nordstrom announces expansion into Canada; appoints company veteran to lead new venture
Seattle — It’s official: Nordstrom is expanding into Canada. The department store chain on Thursday announced that it will open its first full-line stores in Canada, starting in fall 2014. It named veteran Nordstrom executive Karen McKibbin, most recently VP president and regional manager of Northern California and Hawaii, as president of Nordstrom Canada.
Nordstrom said is partnering with commercial real estate company Cadillac Fairview Corporation Limited to lease four stores at shopping centers in Calgary, Ottawa, Toronto, and Vancouver.
The retailer will be moving into spaces that will be vacated by Sears and then renovated at Pacific Centre in Vancouver, Chinook Centre in Calgary, and Rideau Centre in Ottawa. It will also open a new-construction store in Sherway Gardens in Toronto.
The Calgary location will open first, in fall 2014. It will be followed in spring 2015 by the stores in Ottawa and Vancouver. The Toronto store is estimated to open in fall 2016 (all dates are tentative). The stores will range from 138,000-sq. ft. to 230,000 sq. ft.
“Cadillac Fairview has been instrumental in helping us get started in Canada, and we’re thrilled to be part of these premier shopping destinations,” said Erik Nordstrom, president of stores, Nordstrom.
ConAgra earns sustainable accolades
OMAHA, Neb. — ConAgra Foods has been named to two leading sustainability indices. For the second straight year the company has earned a spot on the Dow Jones Sustainability Index, and for the first time, the company has been added to the Carbon Disclosure Project’s (CDP’s) 2012 Carbon Disclosure Leadership Index.
“We are thrilled to be a part of these leading sustainability indices,” said Chris Kircher, VP corporate affairs and president of the ConAgra Foods Foundation.“Citizenship is a top priority at ConAgra Foods, as well as a core component of our strategic plan. Inclusion on these indices not only reflects our long term commitment to corporate citizenship, it also provides a valuable measure of the progress we are making on our journey.”
One of the world’s most recognized and respected sustainability indices, the DJSI is based on a rigorous analysis of corporate, economic, environmental and social performance. It tracks the performance of the top 20% of the biggest global companies in the Dow Jones Global Total Stock Market Index that lead the field in terms of sustainability. This year for the first time, ConAgra Foods was named to both the DJSI North America and DJSI World Indices.
The 2012 Carbon Disclosure Leadership Index, a key component of CDP’s annual S&P 500 report, is comprised of 53 companies within the S&P 500 Index which have displayed a strong approach to information disclosure regarding climate change. Companies with high climate change disclosure scores reflect strong internal data management practices and a solid understanding of how climate change related issues affect the company. ConAgra Foods scored 93 of 100 and earned a “B” performance rating, representing the single-greatest improvement of all companies listed on the Carbon Disclosure Leadership Index.
GameStop offers a Wii bit of excitement
GRAPEVINE, Texas — The struggling video game category should see a much-needed boost with the arrival of Nintendo’s Wii U.
GameStop is wasting no time getting in on the buzz by announcing that it has begun taking pre-orders for the platform along with many popular Wii U games, including "Call of Duty: Black Ops II," "ZombiU," "New Super Mario Bros. U" and "Batman: Arkham City: Armored Edition."
“Our customers have been anxious to pre-order the Wii U since details were announced at E3,” said GameStop president Tony Bartel. “Wii U is a great way to launch the next generation of video game consoles and is sure to be at the top of a lot of wish lists this holiday season.”
GameStop is also offering additional savings to customers who trade in their old consoles. Depending on the device, customers can receive up to $140 in credit good toward the purchase of a Wii U.
The Wii U will be available Nov. 18 at all U.S. GameStop stores and online at www.GameStop.com.