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.
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.
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.
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.
Chicago — Jones Lang LaSalle has hired three executives to high-profile positions within its Corporate Solutions business: Alejandro Kaisin, Suzanne MacLennon and George Wittman.
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.
Cincinnati — The Kroger Co. continues to meet annual sustainability benchmarks, including reducing in-store energy consumption by 30% since 2000, the company reports in its fifth annual sustainability report.
Los Angeles — Joe’s Jeans has opened its first store in Dubai, United Arab Emirates. This marks the first of at least seven stores that will open in the Middle East.
