REAL ESTATE

Nordstrom to open at Toronto Eaton Centre

BY Staff Writer

Seattle — Nordstrom plans to open a full-line store in the heart of downtown Toronto, at Toronto Eaton Centre.

Construction of the approximately 213,000-sq.-ft., three-level store is set to begin in March 2014, with the store opening slated for fall 2016. Toronto Eaton Centre is owned and managed by The Cadillac Fairview Corp. Ltd.

We are excited to welcome Nordstrom to Toronto Eaton Centre," said Wayne Barwise, executive VP Development, Cadillac Fairview. "Over the past three years we’ve spent $120 million in enhancements to Toronto Eaton Centre. This second phase of redevelopment will include an additional $400 million. We are delighted to have Nordstrom be part of this exciting venture as we continue to bring a premier urban retail shopping experience to the city."

Nordstrom Toronto Eaton Centre joins the five Canadian stores Nordstrom has previously announced as part of its first expansion into Canada. Nordstrom plans to open additional full-line stores and Nordstrom Rack stores as the company continues to grow in Canada.

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News

Former Lululemon CEO Christine Day to head healthy food brand

BY CSA STAFF

Christine Day is going from CEO of Lululemon to CEO of healthy food brand Luvo.

"Christine’s unbridled passion for retailing and consumer insight adds an important component to elevate Luvo into the consumer mainstream," said Luvo founder and president Stephen Sidwell. "We look forward to Christine’s guidance for the brand, helping Luvo take the lead in the national movement that delicious, nutrient-dense food can be affordable, convenient and easily accessible."

At Lululemon, Day was responsible for creating and executing the company’s long-term business strategies, directing its continued development and reinforcing its position as a global leader of yoga-inspired athletic apparel.

Additionally, Day spent 20 years with Starbucks, where she held several key senior management positions, most recently as president of its Asia Pacific group. She also served in various capacities including SVP, North American finance and administration and VP of sales and operations for business alliances.

"Joining a team of professionals with such a strong track record is quite appealing, and the growth opportunities that are available for Luvo are endless. I am most excited about getting back into the food industry," said Day. "In a short amount of time, Luvo has set itself apart in the industry. It has placed a real premium on providing great-tasting prepared food with high-quality ingredients, while making it nutritious and without excessive cost. Luvo is well-positioned for the future, and I look forward to working with the leadership team and our retail partners to take the brand to the next level."

Also joining the company’s executive lineup as partner and brand development officer is Derek Jeter. He will be involved in product development as well as enhancing brand awareness. He will also support Luvo’s charitable endeavors, help create strategic partnerships and offer counsel on other relationships that are developed in the sports and nutrition world.

"Eating well and maintaining a healthy lifestyle have become important priorities in my life and are critical to ensuring my peak performance on and off the field," said Jeter. "I believe in the vision of the Luvo team and look forward to helping them positively impact health and wellness in our country by changing the way we eat."

The All Star is not the only celebrity ambassador coming on board to help propel the brand. Actress Jennifer Garner, Pittsburgh Steelers strong safety Troy Polamalu and physician and wellness specialist Dr. Mark Hyman are also celebrity ambassadors for the brand.

Luvo develops, manufactures, markets and sells healthy retail food products, including flatbreads, soups and fresh and frozen ready-made entrees.

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OPERATIONS

Verizon partners with Tesco to transform global opportunities

BY Staff Writer

London — Verizon is migrating Tesco to a single global network infrastructure, which will underpin Tesco’s ongoing application and infrastructure centralization program.

Verizon is providing secure connectivity to link Tesco’s suppliers, partners, customers and colleagues in 12 countries around the globe. Importantly, the new network infrastructure also offers a solid foundation from which Tesco can consistently deliver key business applications to all stakeholders. This will enable Tesco to roll out new technologies and services more quickly and effectively, while also achieving significant cost efficiencies.

Verizon’s technical expertise is a key enabler for Tesco’s global transformation, which aims to connect customers to quality products, affordably and conveniently; connect producers and suppliers to new markets, at home and abroad; and connect its business to its communities and help address social challenges.

Tomas Kadlec, group infrastructure IT director at Tesco Stores Limited, said: “Verizon is helping us to consolidate, centralize and converge our infrastructure across the world. This marks a step change for Tesco in terms of both security and managed networked services. The cutover to the Verizon network has gone exceptionally well, accordingly to plan and within the agreed framework.”

Mike McNamara, Tesco’s chief information officer, added: “Verizon has the scope and expertise to help us deliver on our vision wherever we are around the globe. Whether in our stores, online, or on the move, we need our infrastructure to support our business goals. Verizon combines technology innovation with pragmatic application to help us build solutions for today, and platforms to support the future of retail. We are looking forward to delivering the results of this collaboration to our stakeholders around the globe.”

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