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September 30, 2013

Luxury jewelry store operator Birks & Mayors Inc. announced that effective Oct. 1, its corporate name will be changed to Birks Group Inc. and its ticker symbol will be changed to BGI.

Montreal -- Luxury jewelry store operator Birks & Mayors Inc. announced that effective Oct. 1, its corporate name will be changed to Birks Group Inc. and its ticker symbol will be changed to BGI.

September 18, 2013

The D.C. Council failed on Tuesday to overturn Mayor Vincent Gray’s veto of the proposed “living wage” bill.

Washington, D.C. -- The D.C. Council failed on Tuesday to overturn Mayor Vincent Gray’s veto of the proposed “living wage” bill. According to Washington Business Journal, only seven of the required nine district councilors voted to override Gray’s veto of the Large Retailer Accountability Act.

National Retail Federation (NRF) senior VP for government relations David French issued the following statement:

September 12, 2013

Washington, D.C., Mayor Vincent Gray vetoed a controversial bill that would have required Wal-Mart Stores and other large retailers to pay their employees at least $12.50 an hour.

New York -- Washington, D.C., Mayor Vincent Gray vetoed a controversial bill that would have required Wal-Mart Stores and other large retailers to pay their employees at least $12.50 an hour. The bill applied only to retailers with stores of 75,000 sq. ft. or larger, at least $1 billion in annual sales and non-unionized workforces.

September 3, 2013

A controversial bill requiring Wal-Mart Stores Inc. and other large retailers to pay their employees a "living wage" of at least $12.50 an hour has been sent to District of Columbia Mayor Vincent Gray.

New York -- A controversial bill requiring Wal-Mart Stores Inc. and other large retailers to pay their employees a "living wage" of at least $12.50 an hour has been sent to District of Columbia Mayor Vincent Gray.   
    
The mayor has 10 business days, starting Tuesday, to either sign or veto the bill, which was passed by the D.C. Council at the beginning of July.

August 23, 2013

Pathlight Capital, part of Sycamore Partners, said it will serve as the administrative and co-collateral agent on a $28 million secured term loan facility to Montreal-based jewelry retailer Birks & Mayors.

Boston -- Pathlight Capital, part of Sycamore Partners, said it will serve as the administrative and co-collateral agent on a $28 million secured term loan facility to Montreal-based jewelry retailer Birks & Mayors.

The loan, which matures August 2018, amends an existing $18 million term loan; the Junior Capital Division of Wells Fargo Capital Finance will serve as the co-collateral agent on the facility.   

August 16, 2013

Walmart is expanding its omni-channel integration by testing the use of lockers to fill online orders, company officials said during the chain’s second-quarter earnings call on Thursday.

New York -- Walmart is expanding its omni-channel integration by testing the use of lockers to fill online orders, company officials said during the chain’s second-quarter earnings call on Thursday.

“While this test is still in the early stages, the initial read on customer satisfaction and acceptance is very encouraging, with 90% of the customers who have used the service providing positive feedback,” Walmart U.S. CEO Bill Simon said during the call.

October 17, 2011

When Westchester’s Ridge Hill launches its grand-opening festivities over the four-day period from Oct. 20 to 23, it will be celebrating not only the introduction of a one-of-a-kind shopping destination for New Yorkers, but also a series of market debuts for the area.

When Westchester’s Ridge Hill launches its grand-opening festivities over the four-day period from Oct. 20 to 23, it will be celebrating not only the introduction of a one-of-a-kind shopping destination for New Yorkers, but also a series of market debuts for the area.

June 17, 2011

Chicago Mayor Rahm Emanuel met with executives from six grocery chains, including Walgreen Co.

New York City -- Chicago Mayor Rahm Emanuel met with executives from six grocery chains, including Walgreen Co. Wal-Mart Stores and Aldi about eliminating food “deserts” in six Chicago neighborhoods, the Associated Press reported.

Emanuel showed a detailed map of Chicago food deserts and made business cases to the grocery executives for specific properties in each food desert area. He said 450,000 Chicagoan's don't have access to fresh food.

March 17, 2011

Walmart has announced two additional store openings for Chicago, bringing the total number of stores it plans to open in the Windy City by 2013 to six.

Chicago -- Walmart has announced two additional store openings for Chicago, bringing the total number of stores it plans to open in the Windy City by 2013 to six.

The new stores will create close to 1,000 new jobs and nearly 200 construction jobs putting Walmart on the path to meeting the goals outlined in its "Chicago Community Investment Partnership."

Chicago Mayor Richard Daley said the stores will bring fresh food and groceries to some of the city's most underserved neighborhoods.

January 14, 2011

Chicago's City Council on Thursday approved a $1 million property tax break for Costco Wholesale Corp. to build its second store in the city, Chicago Business reported.

New York City -- Chicago's City Council on Thursday approved a $1 million property tax break for Costco Wholesale Corp. to build its second store in the city, Chicago Business reported.

The tax break was introduced by Mayor Richard M. Daley at a December City Council meeting. He asked that the retailer receive a $1 million tax break over 12 years for a store to be built at 14th Street and Ashland Avenue.

December 29, 2010

The last bureaucratic hurdles have been cleared for the construction of San Francisco’s first Target location.The last bureaucratic hurdles have been cleared for the construction of San Francisco’s first Target location.

New York City -- The last bureaucratic hurdles have been cleared for the construction of San Francisco’s first Target location. Gavin Newsom, the mayor of San Francisco, announced Tuesday that the final permits had been issued to begin building the downtown store in January.

The 85,000-sq.-ft. Target will be located in the city’s Westfield Metreon Center. The retail and entertainment complex is undergoing a major redevelopment project.

The store is scheduled to open in mid-2012.

September 30, 2008

(Oct.1) The 1,500 largest firms in San Francisco can each get a free solar assessment...

April 13, 2008

Wal-Mart, the largest seller of firearms in the country, is striking a deal with New...

February 7, 2008

St. Louis St. Louis Mayor Francis Slay said Thursday that Macy's Inc.'s decision to lay...

April 30, 2007

Opened in 2004, the $285 million Rancho Cucamonga, Calif., town center called Victoria Gardens spans...

December 31, 2006

A year-long battle...