OPERATIONS

Retail real estate vet forms advisory company

BY CSA STAFF

White Plains, N.Y. After more than 15 years as an in-house real estate executive for several of the world’s largest fashion and retail conglomerates, Josh Podell has announced the launch of Podell Real Estate Advisors.

The company will focus on site selection, strategy development and portfolio management for retailers nationwide.

Podell was most recently VP of real estate at New York City-based Jones Apparel Group’s JAG footwear, accessories and retail division, where he helped manage and grow the company’s 1,000-store portfolio which includes Nine West, Anne Klein, Jones New York, Easy Spirit, Kasper and other brands. 

Prior to joining Jones Apparel Group, Podell was senior VP of real estate and construction at G+G Retail, which operated more than 600 teen and children’s apparel stores under the tradenames Rave and Rave Girl. Podell was also director of real estate at Warnaco’s Speedo Authentic Fitness stores where he grew the Speedo brand to over 100 company stores nationwide.

Under his new firm, Podell said he has signed the Jones Apparel Group, Traffic Shoes, and Juliska accounts.

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Borders CFO adds COO to title

BY CSA STAFF

ANN ARBOR, Mich. Borders Group has announced that its Mark Bierley will now serve as Chief Operating Officer for Borders, in addition to continuing as Chief Financial Officer for Borders Group, the parent company of Borders.

 In his dual role of CFO and COO, Bierley now oversees finance, IT, merchandising planning and supply chain, as well as real estate and strategic planning. Rosalind Thompson has been named SVP human resources for Borders Group, effective July 6.

 

“Mark has been an exceptional CFO in what has been a difficult and change-heavy environment at Borders. He’s successfully led two financing programs that have strengthened the company’s financial position and he’s helped oversee the planning and execution of a number of key strategic initiatives. Mark is well respected in the financial community and has been vital in establishing ongoing positive relationships with our banking and vendor partners. I look forward to working with Mark in his new role where I know he’ll leverage both his knowledge and talents to rebuild the Borders brand,” said Borders CEO Mike Edwards.

Bierley started his career at Borders as manager, store inventory control in 1996 and was promoted a year later to director of inventory control. He was named VP financial planning and reporting in 2003, a post he held for four years before being named SVP finance in 2007. He was named EVP and CFO in January 2009.

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Consumer confidence is high. Is that reflected in your stores’ revenues?

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Borders CFO adds COO to title

BY CSA STAFF

ANN ARBOR, Mich. Borders Group has announced that its Mark Bierley will now serve as Chief Operating Officer for Borders, in addition to continuing as Chief Financial Officer for Borders Group, the parent company of Borders.

 In his dual role of CFO and COO, Bierley now oversees finance, IT, merchandising planning and supply chain, as well as real estate and strategic planning. Rosalind Thompson has been named SVP human resources for Borders Group, effective July 6.

 

“Mark has been an exceptional CFO in what has been a difficult and change-heavy environment at Borders. He’s successfully led two financing programs that have strengthened the company’s financial position and he’s helped oversee the planning and execution of a number of key strategic initiatives. Mark is well respected in the financial community and has been vital in establishing ongoing positive relationships with our banking and vendor partners. I look forward to working with Mark in his new role where I know he’ll leverage both his knowledge and talents to rebuild the Borders brand,” said Borders CEO Mike Edwards.

Bierley started his career at Borders as manager, store inventory control in 1996 and was promoted a year later to director of inventory control. He was named VP financial planning and reporting in 2003, a post he held for four years before being named SVP finance in 2007. He was named EVP and CFO in January 2009.

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Consumer confidence is high. Is that reflected in your stores’ revenues?

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