Simon Property Group acquires 50% ownership of Florida outlet center
Indianapolis — Simon Property Group announced that it has acquired 50% of Silver Sands Factory Stores, an outlet shopping destination located in Destin, Florida. Howard Group, developer of the center, will remain 50% owner of the center. Simon will assume primary responsibility of leasing and management duties.
The 465,000-sq.-ft. Silver Sands center is home to over 100 stores including Ann Taylor Factory Store, Coach, Cole Haan, J.Crew, Kenneth Cole, Michael Kors, Nike and Saks Fifth Avenue Off 5th.
Pan-Oston Receives 2011 Domino’s Pizza Teamwork Award
Bowling Green, Ky. — Pan-Oston was awarded the Domino’s Pizza Teamwork Award for 2011 at its annual Supplier Summit. The award was in recognition of Pan-Oston’s teamwork and execution of the New Image Counters, which the supplier engineered, manufactured and delivered within 90 days to six stores.
This is the second award given to Pan-Oston by Domino’s Pizza, the first award being the prestigious Partner Award for 2007.
“While we are pleased to receive another award from Domino’s, we are most proud of our long-standing relationship with their company. It is an immense pleasure to work in a true partnership where we are able to support the success of the Domino’s franchisees. Pan-Oston is looking forward to witnessing the new vision of Domino’s come into complete focus and to celebrating the success to come with Domino’s positive store count in the U.S. and fast-paced growth internationally,” said Jim Vance, president of Pan-Oston.
Kroger adopts gestation-crate-free pork policy
CINCINNATI — Kroger has joined other food retailers in moving towards a policy of only offering products made from gestation-crate-free pigs. The company announced that it has begun informing suppliers of a new policy statement regarding gestation crates that are used to house pregnant sows.
After conducting its own review and considering the concerns of animal welfare and other experts, it has determined that a gestation-crate-free environment is more humane and that the pork industry should work toward gestation crate-free housing for pregnant sows.
The company is encouraging its suppliers to accelerate this already-occurring transition in the Kroger supply-chain. Kroger also wants customers to know that this is a transition that may take many years.