Content about Government procurement in the United States

May 14, 2013
Action Services Group to provide sign, lighting maintenance for regional Burger King

Actions Services Group has announced a service agreement with Strategic Restaurants Acquisition Co. to provide exterior sign and lighting maintenance services for its 295 Burger King restaurant units.

Aston, Pa. -- Actions Services Group has announced a service agreement with Strategic Restaurants Acquisition Co. to provide exterior sign and lighting maintenance services for its 295 Burger King restaurant units.

The two-year maintenance program covers proactive, scheduled quarterly visits to Strategic Restaurants’ units to inspect, repair and/or replace lamps, ballasts, sockets, electrodes, tube supports, wiring within the sign or light fixture LED or non-LED redband, LED or non-LED channel letters, neon transformers and secondary wiring.

April 18, 2013
Combined Properties names development/acquisitions lead

Combined Properties announced that Scott Kend has joined the company as senior director of development & acquisitions, charged with leading Combined's efforts to acquire new value-add retail shopping centers and mixed-use development projects on the West Coast.

Washington, D.C. -- Combined Properties announced that Scott Kend has joined the company as senior director of development & acquisitions, charged with leading Combined's efforts to acquire new value-add retail shopping centers and mixed-use development projects on the West Coast.  

Kend will also be responsible for redeveloping portions of Combined's portfolio of retail centers in the Southern California region, as well as working on its mixed-use developments.  

 

March 25, 2013
Glimcher names exec to focus on acquisition strategy

Glimcher Realty Trust announced Ward Kampf has been appointed from within to the role of SVP, strategic investments, charged with finding high-quality acquisition opportunities consistent with the company’s investment criteria.

Columbus, Ohio -- Glimcher Realty Trust announced Ward Kampf has been appointed from within to the role of SVP, strategic investments, charged with finding high-quality acquisition opportunities consistent with the company’s investment criteria. In the last 18 months, Glimcher has closed on five acquisitions.

Previously SVP, retail strategies, Kampf oversaw retail and leasing strategies for key developments and acquisitions. He joined the company in 2009.

 

January 31, 2013
2012 Fastest-Growing Acquirers, 3P Managers and Top Developers

Shopping center companies: Receive recognition for your 2012 development, acquisition and third-party management activities.

Shopping center companies: Receive recognition for your 2012 development, acquisition and third-party management activities. The 24th annual Chain Store Age “Fastest Growing” awards will recognize the most active shopping center owners, managers and acquirers for projects, contracts and transactions completed between January 1, 2012 and December 31, 2012.

January 31, 2013
Report: Retail and consumer M&A volume jumped in 2012

A report released by PwC found that U.S. retail and consumer merger & acquisition activity in 2012 drove both deal volume and value up from the prior year as the number of larger deals over $1 billion almost doubled.

New York -- A report released Thursday by PwC found that U.S. retail and consumer merger & acquisition activity in 2012 drove both deal volume and value up from the prior year as the number of larger deals over $1 billion almost doubled.

According to PwC’s U.S. retail and consumer M&A insights “2012 Year in Review and 2013 Outlook” report, private equity activity in the retail sector comprised nearly 40% of deal volume and 55% of deal value, and IPO volume increased 38%.

January 24, 2013
Regency Centers names Northeast acquisitions/dispositions lead

Regency Centers said it has appointed Joanna Rotonde to lead the company’s acquisitions and dispositions activities in the northeastern U.S.

Jacksonville, Fla. -- Regency Centers said Wednesday it has appointed Joanna Rotonde to lead the company’s acquisitions and dispositions activities in the northeastern U.S.

Rotonde will focus on the expansion markets of Boston, Philadelphia and metro New York, and is charged with identifying, evaluating and structuring profitable property acquisition and disposition opportunities within Connecticut, Massachusetts, New Jersey, New York and Pennsylvania.  

Rotonde previously served as assistant VP for Urstadt Biddle Properties.

September 19, 2012
Ascena Retail Q4 profit falls, but beats Street

Ascena Retail's net income plunged 94% in its fiscal fourth quarter, dragged down by costs related to its acquisition of Charming Shoppes Inc.

Suffern, N.Y. -- Ascena Retail's net income plunged 94% in its fiscal fourth quarter, dragged down by costs related to its acquisition of Charming Shoppes Inc. Its adjusted earnings topped Wall Street's view.

Ascena, owners of the Dressbarn, Maurices and Justice, announced in May that it was buying Charming Shoppes, whose divisions include Lane Bryant, Fashion Bug and Catherines Plus for approximately $890 million. Ascena is in the process of closing Fashion Bug's stores.