Shopping Centers Today -> November 2000
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By Dave Bodamer


TrizecHahn Development’s Desert Passage in Las Vegas surpassed the 1 million customer mark in just 13 days.

Avon Products is negotiating with J.C. Penney and Sears to launch a new line of cosmetics to be sold exclusively at the department stores starting a year from now.

Sears named Alan Lacy, the head of its services division, to succeed Arthur Martinez as president and chief executive. Lacy took over daily operations Oct. 1, and becomes chairman in December after Martinez, 60, retires.

California Gov. Gray Davis has vetoed a bill that would have compelled online retailers that have physical stores and warehouses in California to collect taxes on Internet sales.

Captec Net Lease Realty has decided to pursue a sale of the company based on a review performed by its financial advisor, Prudential Securities.

Forest City Development struck a deal with local unions in San Francisco to keep alive a proposed $400 million, 1.6 million-square-foot retail project. The dispute centered on how the unions would be permitted to organize at the businesses that will occupy the project

Wal-Mart Stores has stopped carrying barbecue sauce maker Maurice Bessinger’s products at 100 of its locations in the South because of the company’s use of the Confederate flag at its Piggie Park restaurants.

British retailer Kingfisher has decided to spin off its Super-drug and Woolworth chains and focus on its electronics and do-it-yourself goods sales.

Wal-Mart and two German discount supermarket chains were ordered by the German Cartel Office to stop selling foods such as milk and butter for less than cost. Wal-Mart said it would comply. .

Drew Alexander, a trustee and past chairman of ICSC, will succeed his father, Stanford Alexander, as CEO of Weingarten Realty Investors in January, while continuing as president and a member of the board. The older Alexander said he will remain involved in the business.

Simon Property Group won $26.8 million in damages for trade-name infringement against the MySimon Web site, which enables customers to look up products and tells them costs and where they can obtain them. The case was heard in U.S. District Court in Simon’s hometown of Indianapolis.

7-Eleven is getting into the cosmetics business with its exclusive Heart and Soul line, which it will begin selling at 4,000 of its units next month.

Shopping Centers Today
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