REAL ESTATE

Simon opens Phase II of Houston Premium Outlets

BY CSA STAFF

Indianapolis Simon Property Group announced that it opened the second phase of Houston Premium Outlets in Cypress, Texas.

The 114,000-sq.-ft. expansion brings the property to a total of 541,000 sq. ft. of gross leasable area (GLA) and 145 stores.

The center, located in Cypress, Texas, opened in 2008 and features a collection of brands such as: 7 For All Mankind; Adidas; Ann Taylor; BCBG Max Azria; Brooks Brothers; Burberry; Calphalon Kitchen Outlet; Coach; Cole Haan; DKNY; Elie Tahari; Juicy Couture; Kate Spade; Kenneth Cole; Le Creuset; Michael Kors; Nike; St. John; Tag Heuer; Tommy Hilfiger; True Religion and Under Armour.

Phase II adds 25 new merchants including: Saks Fifth Avenue Off 5th, which will become the center’s largest store, A/X Armani Exchange; American Eagle Outfitters; Chico’s; David Yurman; Ed Hardy; Esprit; Haggar Clothing Co.; J.Crew; Jockey; Joe’s Jeans; Jos. A. Bank; Lacoste; Merrell; Nautica; New York & Co.; Nestle Toll House by Chip; Original Penguin; Talbots; Tory Burch; Tumi; White House Black Market and Wilsons Leather.

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News

Malco purchases Bluette Laundry Bluing

BY CSA STAFF

BARBERTON, Ohio – Malco Products announced that it has added Bluette Laundry Bluing to its consumer division.

The Bluette brand was purchased from Osmegen Inc., a division of Homax Products Inc.

Bluette joins a variety of consumer products including: Zud™, Twinkle™ Polish, Mr. Coffee™ Coffeemaker Cleaner, NuSoft™ Fabric Softener and Linit™ Liquid Starch all owned and manufactured by Malco.

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OPERATIONS

Walmart names senior VP

BY CSA STAFF

Bentonville, Ark. — Wal-Mart Stores announced Wednesday that it has promoted Jeff Davis to the position of senior VP and treasurer, effective Dec. 1.

In his new role, Davis will assume responsibility for treasury operations, capital markets, investor relations and risk management. Davis succeeds Charles Holley, who has been named to the position of executive VP and CFO, also effective Dec. 1.

Davis, currently senior VP finance and strategy for Walmart U.S., joined Walmart in 2006 as VP finance for the Walmart U.S. health and wellness merchandise unit.

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