Hoffman Estates, Illinois

Seritage Growth Properties Provides Tenant Activity Update

Retrieved on: 
Thursday, June 4, 2020
Commercial Building & Real Estate, Construction & Property, REIT, Hoffman Estates, Illinois, Retailing, Retailers, Companies, Transform Holdco LLC, Sears

Seritage Growth Properties (NYSE: SRG) (the Company), a national owner of 203 retail and mixed-use properties totaling approximately 32.2 million square feet, today provided an update related to its master lease (the Holdco Master Lease) with Transform Holdco LLC (Sears) and other tenant activity in light of the COVID-19 pandemic.

Key Points: 
  • Seritage Growth Properties (NYSE: SRG) (the Company), a national owner of 203 retail and mixed-use properties totaling approximately 32.2 million square feet, today provided an update related to its master lease (the Holdco Master Lease) with Transform Holdco LLC (Sears) and other tenant activity in light of the COVID-19 pandemic.
  • Sears will continue to pay all other additional rent (representing real estate taxes, utilities, common area maintenance and other property operating expenses) during the deferral period.
  • The Company had collected April rental income representing 65% of contractual amounts, and agreed to defer an additional 6%, from tenants other than Sears.
  • Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 175 wholly-owned properties and 28 joint venture properties totaling approximately 32.2 million square feet of space across 44 states and Puerto Rico.

Party City to Report First Quarter 2020 Financial Results on June 12, 2020

Retrieved on: 
Wednesday, June 3, 2020
Party City, Rockaway, New Jersey, Marketing, Retail, Hoffman Estates, Illinois

ELMSFORD, N.Y., June 03, 2020 (GLOBE NEWSWIRE) -- Party City Holdco Inc. (NYSE:PRTY) today announced that its first quarter 2020 financial results will be released prior to market open on Friday, June 12, 2020.

Key Points: 
  • ELMSFORD, N.Y., June 03, 2020 (GLOBE NEWSWIRE) -- Party City Holdco Inc. (NYSE:PRTY) today announced that its first quarter 2020 financial results will be released prior to market open on Friday, June 12, 2020.
  • The Company will host a conference call at 8:00 a.m. Eastern Time on that day to discuss the detailed financial results.
  • Party City Holdco Inc. is the leading party goods company by revenue in North America and, we believe, the largest vertically integrated supplier of decorated party goods globally by revenue.
  • The Companys retail operations include approximately 875 specialty retail party supply stores (including franchise stores) throughout North America operating under the names Party City and Halloween City, and e-commerce websites, principally through the domain name PartyCity.com.

Now Open: U-Haul Facility in Memphis Boasts 700-Plus Storage Rooms

Retrieved on: 
Monday, June 1, 2020
Hoffman Estates, Illinois, Kmart, Self storage, U-Haul, Raleigh Bicycle Company, Cities in the United States, Retailers, Memphis, Tennessee, Retailing

"The Kmart had been vacant for many years and was becoming blight on the community," said Chris Hardin, U-Haul Company of Memphis president.

Key Points: 
  • "The Kmart had been vacant for many years and was becoming blight on the community," said Chris Hardin, U-Haul Company of Memphis president.
  • "We were able to breathe life back into the property, and we are excited to show off a new state-of-the-art facility."
  • Contact U-Haul Moving & Storage of Raleigh at (901) 334-9208 or stop by to visit general manager Elizabeth Simpson and her team.
  • U-Haul offers nearly 697,000 rooms and 60.7 million square feet of self-storage space at owned and managed facilities throughout North America.

Serta Simmons Bedding to Donate Mattresses to Long Term Care Homes and Shelters in Toronto and Quebec

Retrieved on: 
Friday, May 29, 2020
Franchises, Hoffman Estates, Illinois, Serta, Mattresses, Bedding, Bed, Behavior, Companies, Night, Simmons Bedding Company

TORONTO, May 29, 2020 /CNW/ -Serta Simmons Bedding (SSB), Canada's premier mattress company will donate mattresses to local long-term care homes and shelters in Toronto and Quebec to aid in the fight against COVID-19.

Key Points: 
  • TORONTO, May 29, 2020 /CNW/ -Serta Simmons Bedding (SSB), Canada's premier mattress company will donate mattresses to local long-term care homes and shelters in Toronto and Quebec to aid in the fight against COVID-19.
  • Long-term care homes and shelters across the country have become frontlines to the COVID-19 pandemic.
  • They now face critical shortages of necessary supplies such as personal protective equipment and care beds.
  • Serta Simmons Bedding, LLC is the leading sleep company and the largest manufacturer, marketer and supplier of mattresses in North America.

Five Below Announces Over 75% Stores Reopened

Retrieved on: 
Friday, May 29, 2020
Retailers, Retailing, Five Below, Skaggs family, Hoffman Estates, Illinois, Sears Holdings

We have reopened stores in all but four of our states, where curbside pickup is available as allowed.

Key Points: 
  • We have reopened stores in all but four of our states, where curbside pickup is available as allowed.
  • In addition to reopening over 700 stores since April 21st, Five Below has opened a total of 40 new stores to date in 2020 and continues to expect to open 100 to 120 new stores this year.
  • Stores have been updated with appropriate social distancing signage and safety protocols, including increased cleaning and availability of personal protective equipment.
  • Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below today has over 900 stores in 36 states.

1WorldSync Appoints New Leadership in People Operations, Sales and Marketing, and General Counsel

Retrieved on: 
Wednesday, May 20, 2020
Companies, Sears Holdings, Hoffman Estates, Illinois, Retailing, Cook County, Illinois, Sears, Holbrook, Waldorf, Maryland

TJ Waldorf joins as Vice President of Sales and Marketing, Eileen Timmins joins as Vice President of Human Resources and Administration and Jeremy Holbrook is appointed General Counsel.

Key Points: 
  • TJ Waldorf joins as Vice President of Sales and Marketing, Eileen Timmins joins as Vice President of Human Resources and Administration and Jeremy Holbrook is appointed General Counsel.
  • "Eileen, Jeremy and TJ have impressive track records that will be huge assets to the growing 1WorldSync team.
  • Their unmatched enthusiasm and passion for our mission is an exciting combination," said Steve Sivitter, Chief Executive Officer at 1WorldSync.
  • Jeremy Holbrook joins 1WorldSync as General Counsel.Jeremy previously served as Deputy General Counsel at Sears Holdings.

MediaMath Bolsters Leadership with Addition of Former WW International and Ascential Execs to Management Team

Retrieved on: 
Wednesday, May 20, 2020
Franchises, Hoffman Estates, Illinois, Serta

Former WW International executive Kimberly Samon joins MediaMath as its chief people officer while the product team welcomes Anudit Vikram, former Edge by Ascential product leader as senior vice president of product.

Key Points: 
  • Former WW International executive Kimberly Samon joins MediaMath as its chief people officer while the product team welcomes Anudit Vikram, former Edge by Ascential product leader as senior vice president of product.
  • "Kimberly and Anudit bring a powerful combination of people and product management expertise coupled with strong track records in operational leadership and transformation," said Konrad Gerszke, President of MediaMath.
  • Prior to WW International, Samon served as the executive vice president of human resources and corporate strategy at Serta Simmons Bedding.
  • To learn more about how MediaMath helps innovative marketers delight their customers and drive real business outcomes, follow us at @mediamath or visit www.mediamath.com .

Nielsen first quarter numbers show growth of store brands as shoppers stock up during crisis

Retrieved on: 
Monday, May 11, 2020
Brand management, Private label, Retailers, Companies, Retailing, Sears Holdings, Skaggs family, Hoffman Estates, Illinois

Total dollar sales of store brands in the first quarter were $38.4 billion and units were 13.2 billion.

Key Points: 
  • Total dollar sales of store brands in the first quarter were $38.4 billion and units were 13.2 billion.
  • Store brands more than held their own against the national brands.
  • Store brands gained +16.6% in dollar sales and +16.5% in unit sales compared to the same quarter in 2019.
  • In drug stores, where sales of all brands have had rough going the past few years, store brands did quite well.

Seritage Growth Properties Announces First Quarter 2020 Earnings Release Date

Retrieved on: 
Thursday, April 30, 2020
Professional services, Other Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Landscape, Hoffman Estates, Illinois, Sears Holdings, Companies

Seritage Growth Properties (NYSE:SRG) announced today that it will release its first quarter 2020 financial and operating results in a press release on Thursday, May 7, 2020, after the market close.

Key Points: 
  • Seritage Growth Properties (NYSE:SRG) announced today that it will release its first quarter 2020 financial and operating results in a press release on Thursday, May 7, 2020, after the market close.
  • Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 184 wholly-owned properties and 28 joint venture properties totaling approximately 33.4 million square feet of space across 44 states and Puerto Rico.
  • The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015.
  • The Companys mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.

Claire's Place Foundation Receives Record Number of Calls for Financial Help from Cystic Fibrosis Patients Due to COVID-19

Retrieved on: 
Wednesday, April 22, 2020
Fictional characters, Fiction, Claire's, F. W. Woolworth Company, Hoffman Estates, Illinois, Claire Bennet

The Claire's Place COVID-19 Emergency Fund gave families, who are navigating these uncertain times with few resources, financial help to purchase essential items like groceries.

Key Points: 
  • The Claire's Place COVID-19 Emergency Fund gave families, who are navigating these uncertain times with few resources, financial help to purchase essential items like groceries.
  • Claire's Place does more than provide financial support, they restore hope to our CF patients and families.
  • It would mean the world to me if you would support Claire's Place Foundation, they need our support now more than ever.
  • To donate to the Claire's Place Foundation COVID-19 Emergency Fund please visit clairesplacec-19fund.funraise.org to help manage this current hardship.