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The Village at Dos Vientos Ranch, Thousand Oaks, Calif.

BY CSA STAFF

Paraiso Town Center in the Thousand Oaks, Calif., master-planned community of Dos Vientos Ranch is being renamed The Village at Dos Vientos Ranch, announced Peter Cohen, president of Paradise Capital Group, which acquired the 50,000-sq.-ft. mixed-used retail and office complex in June 2010.

A new name was very important toward rebranding and marketing the property, said Cohen. “We wanted to give the center a fresh start with a new name that was easy to pronounce and remember,” he said.

Since Paradise’s acquisition of the center, approximately 7,500 sq. ft. of retail and office leases have been signed, nearly doubling the existing occupancy.

There has been a lot of interest in the center since the ownership change, said CB Richard Ellis VP Lawrence Tanji, who leads the retail marketing on behalf of Paradise Capital Group. “The new name is yet another example of the positive changes taking place there, and local retailers and business are taking notice,” he said.

Built in 2008, The Village at Dos Vientos Ranch includes 40,000 sq. ft. of ground-level retail and restaurant space with outdoor dining, and 10,000 sq. ft. of office space. The Mediterranean-style complex also features a children’s playground and landscaped common areas with fountains. The centerpiece is an outdoor amphitheater with a performance stage and movie screen.

Retail tenants include La Cucina di Venti, Boney Mountain Coffee, Red Coral Sushi Restaurant, Fitness Together, The Art Box and Paraiso Cleaners. Office tenants include ETF Portfolio Management, Paraiso Family Dental and Orthodontics, Team Resources, McQueen & Associates and Worldwide Supply.

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Gilt Groupe promotes CFO to president

BY CSA STAFF

NEW YORK — Gilt Groupe has announced that Andrew Page has been promoted to the role of president from CFO, effective immediately. Page will report directly to Kevin Ryan, Founder and CEO. In his new position, Page will have operational responsibilities for Gilt’s various business units, including Women’s, Gilt MAN, Gilt Children, Gilt Home, Gilt Taste, Park & Bond, and Gilt City.

Page joined Gilt as CFO in April 2010. During his tenure as CFO, the company completed two acquisitions and a financing round, built a highly automated distribution facility, and enhanced overall operating efficiency.

"Andy has been doing a fantastic job leading the various businesses over the last five months as the acting President, in addition to his CFO responsibilities," said Ryan. "He has demonstrated the strategic and managerial skills to lead the company’s operations going forward."

Prior to joining the company, Page was chief operating and financial officer of PlayPhone Inc., where he was responsible for managing all aspects of the company’s operations across multiple countries. Before PlayPhone, he was the CFO and SVP business strategy at StubHub Inc., where he managed the company’s financial operations, business strategy, financial reporting, administrative functions, and led the company’s sale to eBay in 2007. Page has also held senior executive positions at Panasas Inc., ONI Systems Corp., and Robertson Stephens & Company. He is currently an advisor to several private e-commerce companies. Page holds an AB from Princeton University and a MBA from Harvard Business School.

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Walmart plays up toy list, layaway

BY CSA STAFF

BENTONVILLE, Ark. — While Toys"R"Us and Kmart were among the first retailers to release their hot toy lists, Walmart wasn’t too far behind this year, offering many of the same toys as the aforementioned companies, and even some exclusives.

"Value is a huge priority for our customers and they rely on Walmart for the right toys at great prices everyday and especially during the holiday season," said Laura Phillips, chief toy officer and senior vice president of toys and seasonal merchandising, Walmart. "We know this economic climate is difficult for our customers and we are committed to helping them have the Christmas they want and deserve."

Walmart’s top 20 toy list includes:

  • Mattel Monster High 3-Pack*

  • Lego Mace Windu Fighter*

  • Hasbro Race Along Chuck

  • Fisher Price Dance ‘n Play Puppy

  • Hasbro Elmo Rocks

  • Fisher Price Dora’s Fiesta Kitchen

  • LeapFrog Leap Pad Explorer

  • MGA Lalaloopsy Silly Hair

  • Mattel Fijit

  • Hasbro Easy Bake Oven

  • Hasbro Cookie Pie FurReal

  • Mattel Barbie Camper

  • Hasbro Beyblades Triple Battle

  • Hasbro Star Wars FX Lightsaber

  • Hasbro Nerf Nitron

  • Fisher Price Imaginext Bat Cave

  • Spinmaster RC Real McQueen

  • Hasbro Transformers Ultimate Optimus

  • Wowee Paper Jams Pro Mic

  • Hasbro Yahtzee Flash Games

*Denotes Walmart exclusive.

In addition to revealing its top toys for holiday 2011, Walmart announced that it will offer layaway for electronics and toys. Available at all stores nationwide beginning Oct. 17 through Dec. 16, the program will be available on eligible toy and electronic gifts with a retail price of $15 or more.

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