REAL ESTATE

Publix to open at Nocatee Town Center

BY CSA STAFF

Ponte Vedra, Fla. Jacksonville, Fla.-based Regency Centers announced Wednesday the opening of a 54,340-sq.-ft. Publix Super Market at Nocatee Town Center, in Ponte Vedra, Fla.

Publix will open on Feb. 13. It will be the first retail store to open in the new center, which is located in the Town of Nocatee, a master-planned community of more than 15,000 acres in northeast St. Johns County.

Regency closed on the purchase of 21.44 acres of undeveloped land in December 2007 to develop the 69,802-sq.-ft. community shopping center, which will include 15,462 sq. ft. of small shop space and up to six outparcels.

Nocatee Town Center will feature a mix of national and local retailers, restaurants and service businesses, which are slated to open in May 2010.

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Borders chief resigns

BY CSA STAFF

ANN ARBOR, Mich. Borders announced that Ron Marshall has resigned as president, CEO and a director of the company, effective immediately, to accept the role of CEO at another retailer.

The company has named EVP and chief merchandising officer Michael Edwards as the interim CEO.  Edwards is a 26-year retail veteran with CEO experience who joined Borders in September 2009 and has been leading the merchandising and marketing teams.  

“We have a clear commitment to drive the top line at Borders Group and there will be no interruption of our strategic plans and efforts to focus with great energy and determination on this goal during the transition,” said Edwards.

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Jo-Ann joins ArtFire to help artisans sell their wares

BY CSA STAFF

HUDSON, Ohio Jo-Ann Fabric and Craft Stores announced that it has partnered with ArtFire, an online artisan community, to provide sewers and crafters with the tools they need to create and sell their goods.

“By partnering with ArtFire, Jo-Ann is able to provide sewers and crafters all the tools they need to make and sell their products,” said Riddi Kline, SVP marketing, at Jo-Ann Fabric and Craft Stores. “In stores and online at Joann.com, customers can shop for all their materials and find inspiration for projects. Cards and gift wrap in our stores complete the process for those creating handcrafted gifts, and now, those customers who sell their creations can do so through the Jo-Ann community at ArtFire.com.”

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