Changes are afoot at Stamford, Conn.-based GE Capital Real Estate. The company, with assets of more than $345 billion, has a new president and a new organization. Improved efficiency and a focus on international markets are the goals. SCW talked...
Fort Worth, Texas – The Bombay Co. Inc. elected John H. Costello as a new member of its board of directors. Costello began his career at The Procter & Gamble Co. where he held a number of senior-level brand management and marketing positions...
Dayton, Ohio – Locally based NCR Corp. recently shipped more than 1,000 self-checkout systems to retailers, allowing shoppers to scan, bag and pay for their own items. Retailers already using the NCR self-checkout units include Albertson's...
Amsterdam, Netherlands – Locally based Gucci Group N.V. and Stella McCartney appointed James C. Seuss as CEO of the new Stella McCartney label. The appointment will take effect on May 21, 2001...
Bentonville, Ark. – Locally based Wal-Mart Stores Inc. plans to build a regional distribution center in Coolbaugh Township, Pa., which will create more than 600 jobs. Construction of the 1.2 million sq.-ft. distribution center is scheduled to...
Tarrytown, N.Y. – The locally based American Booksellers Association (ABA) and 26 independent bookstores dropped a federal antitrust lawsuit against New York-based Barnes & Noble Inc. and Ann Arbor, Mich.-based Borders Group Inc. in exchange...
Bentonville, Ark. – Locally based Wal-Mart Stores Inc. is combining elements of its Supercenter format with that of its Neighborhood Market concept in Plano, Texas. The 114,000-sq.-ft. store is more than double the size of the typical Neighborhood...
Minneapolis – Locally based Target Corp. named Bart Butzer executive vice president of stores for its Target division. Butzer began his career at Target Corp. in 1983 and has held a number of positions within the stores and headquarters functions...