New York City — Swarovski has expanded its licensed boutique business by opening a new 608-square-foot boutique inside Grand Canal Shoppes at The Venetian in Las Vegas.
Ann Arbor, MI — Borders Group, Inc. has entered into an asset purchase agreement with Direct Brands. If the deal is reached, Borders would operate as a wholly owned subsidiary of Direct Brands.
San Francisco — As part of its global expansion strategy, Gap Inc. plans to open its first Gap store in Egypt this month and its first Gap and Banana Republic stores in Morocco this October.
New York City — Duane Reade will open a 22,000-square-foot flagship store on July 6, 2011 at the historic 40 Wall Street building in downtown New York City.
Deerfield, IL — Walgreens has unveiled a plan to quadruple its number of food oasis stores in Chicago to nearly 50 stores. It will also open new and remodeled stores in the city.
Hudson, OH — The Jo-Ann Fabric and Craft Stores headquarters in Hudson, Ohio, has installed high-efficiency LED series area lights in its 777,350-square-foot parking lot.
Chicago — Jones Lang LaSalle has hired three executives to high-profile positions within its Corporate Solutions business: Alejandro Kaisin, Suzanne MacLennon and George Wittman.
Atlanta — The Paradies Shops has added John Cugasi to its executive leadership team. In his new role, Cugasi will lead strategic planning, development and marketing.
East Palo Alto, CA — IKEA has officially plugged in the solar energy system installed at its store in East Palo Alto, Calif., marking the seventh solar energy project for IKEA in the U.S.