DOCSLIB.ORG

ASIS — Retail Loss Prevention Council

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
ASIS — Retail Loss Prevention Council ASIS — Retail Loss Prevention Council Special points of interest: Chairman’s Corner In the Press— see articles and/or Welcome to the Retail Loss The efforts of the Retail Loss Pre- interviews of Members of the ASIS Prevention Council Newslet- vention Council will continue in Retail LP Council. Link to resource- ter. Many thanks to Shannon 2007 to advance the overall goals ful articles and magazines. Stilwell, CPP, CFE of the Bor- of ASIS International, and to ders Group for her hard work provide solutions to those issues Get up to date on the Certification in putting it together. facing our Retail Loss Preven- News and how Chapters are spon- tion membership. soring preparatory certification 2006 was a great year for programs. ASIS and for our Coun- Please contact us with any cil. Many things were accom- thoughts or suggestions you have See what’s on the agenda for the for how we can best accomplish Retail Track at the Annual Seminar plished in our continuing efforts to support the Retail LP Com- these goals. 2007. munity, not the least of which In addition, we created several David Gorman Meet the members of the ASIS LP was the addition to our Council new Council Committees for the Council Chair Retail Council and what the coun- of a number of highly qualified purpose of putting additional at- Retail Loss Prevention Council cil is working on for 2007 new Council Members. tention on areas of critical re- tail importance. These included: With everyone's help, we were able to provide some out- Advancing Technology Communications Committee standing educational sessions Chaired in 2006 by Shane Sturman, Chaired by Shannon Stilwell, CPP, CFE of Borders Group Inc. at both the Emerging Trends CPP, CFI of Wicklander-Zulawski and conference and Annual Semi- in 2007 will be chaired by Steve Lindsey, CPP of Wal-Mart Stores. Outreach Committee nar. Chaired by Gene James, CPP of Education Committee Jack in the Box Restaurants. Special emphasis was Chaired by Alan Greggo, CPP, CFE also placed on supporting Dr. of Luxottica Retail Group. Richard Hollinger's Annual Retail Security Survey which ORC Committee continues to provide important The Organized Retail Crime Commit- and actionable feedback to tee will be Chaired by Keith Meyerson Retail LP Professionals. This of Tiffany & Co. will also be a focus in 2007. Inside this issue: In the Press 2007. Her most recent appear- ex.php?option=com_content&tas ances have been: k=view&id=230&Itemid=5) Chairman’s Corner 1 In the press highlights some of the Alberta Construction Magazine— Oct 2006 Shopping Centers material where ASIS Retail LP topic “Smart Floors”. Today interviewed Liz for their Council members have been called (www.junewarren.com/public cover story, “Organized Crime: In the Press 1-2 on as a resource or contributor for ations/ACM-Magazine.asp) Retailers Combat Growing a publication or presentation. You Number of Professional Shop- The Power of Certification 2 will find that there is a variety of LP Dec 2006 Canadian Security lifters”. Retail Track @ The Annual Seminar topics included. Magazine quotes Liz on the topic (www.icsc.org/srch/sct/sct1006/i of CPTED in retail, or, as it’s be- ndex.php) Liz Martinez is scheduled to speak Profile of Council Member 3 ginning to be known, LPTED— “Inside Edition” (Fox TV) inter- Alan Greggo, CPP, CFE on the panel titled “Emerging Loss Prevention Through Environ- viewed Liz regarding retail Trends in Retail Theft and Loss mental Design. Meet the Members (ASIS LP Retail 4-9 refund fraud in March 2006. Prevention” at the ISC West show (www.canadiansecuritymag.com/ind Council Membership Bios) in Las Vegas, NV on Mar. 29th, Her appearance can be Volume 1, Issue 1 Page 2 In the Press, cont., ford Publication teleconfer- Chuck Sennewald and John ence on Completing Effective Christman are compiling a viewed on her website at Internal Investigations, and book titled: Retail Crime, (www.RetailManagersGuide.com) contributed to an article in Security & Loss Prevention. CSO magazine on the pretex- An Encyclopedic Reference, Liz has two articles in the Q1 ting controversy. which several of our Retail LP 2007 Print issues of Eyecare (http://www.csoonline.com/read Council members are contrib- uting authors: Rick Frank, Business Magazine, one on /010107/fea_hp_pf.html) CPP, CFI; Mike Magill, CFE; The Retail LP Council: internal theft, which came Carol Martinson was inter- Donald Horan, CPP; William out in January and one on viewed on Managing Asset Alford, CFE; Carol Martinson external theft out in March. Protection at Supervalu in the and Dave Gorman. Serves as an (www.eyecarebiz.com) Jan-Feb 2007 Loss Preven- tion Magazine. important resource Alan Greggo contributed as a (http://www.lpportal.com/archives_vi for loss prevention presenter in a recent Straf- ew.html?id=1735) professionals, and Certifications provides a vehicle for exchange Our CPP liaison, Al Dauser, CPP, CFI will be our oriented questions to the CPP Examination. of information council’s representative in Orlando, FL on April If your chapter has created a study program or 13th and 14th when the CPP and PSP Item Devel- critical to you have important Certification News, please opment Groups (IDG) will meet to write, edit and contact Al Dauser, CPP, CFI at the achievement update exam questions. [email protected] so we can get your informa- of loss prevention The IDG consists of the PCB Test Management tion included in future newsletters. objectives. Committee and security professionals who are Many Chapters support the Power of Certification certified as CPP’s and PSP’s. Each group will be by offering study groups for their members. See trained in question writing by the PES Program the table below for the 2007 Chapter Certifica- Director for ASIS. It is Al’s goal to add more retail tion Prep Programs. Chapters Dates Review or Study Group Contact &/Or Website Calgary South- Begins 1/10—4/25 CPP (Online CD Review, Guest Glen Kitteringham ern Alberta Runs 16 weeks Weds Speakers, and Q & A period) [email protected] from 5-8p http://www.asiscalgary.org Missouri — March - May (One CPP Review (No Charge to http://www.asis-stl.org/ Retail Track @ the Annual Seminar St. Louis night per week) Members) New Mexico 10 wk session on Sat CPP Study/Review (Chpt 127 offers this Richard J. Sullivan, CPP free to ASIS & Chptr members) The retail track sessions Taking Video Beyond Crime Albuquerque Mornings beginning in [email protected] mid March (4 hrs) Each session facilitated by an ASIS H: 505-463-0205 at the ASIS Annual semi- Prevention, Speaker: Joe Mbr—CPP with experience in particular W: 505-845-5170 x 184 nar are usually sponsored Davis, CPP topic covered. http://www.asisnm127.com by the Retail Loss Preven- Organized Retail Crime: An North Carolina Each month, meets on CPP Review Gene Maybin, CPP tion as well as a few other Greater the 2nd Wed from 4- [email protected] Industry Approach, Charlotte 5:15p 704-338-3268 councils. http://www.asis65.org Speaker: Keith Meyerson The Retail Council has Puerto Rico April CPP Review in Spanish [email protected] The Knot Between IT and 787-717-3164 submitted the following presentations: Physical Security, Speaker: Region III Jan 27—Mar 31 CPP Review Linas Z. Danilevicius, CPP Joe Davis, CPP Sat 8am-Noon [email protected] Video Surveillance - More 949-436-1792 Don Sturgis, CPP Than Just Security, Identifying Fraud & Finan- [email protected] Speaker: Gene James, cial Crimes to Protect your 909-626-2019 CPP Business, Speaker: Kim Texas Starts 1/17 for 6 weeks CPP Review Location: Texas Martin Cramer Thomas, LVMPD North Texas WED 6pm Instruments [email protected] Sherlock Holmes and The South Campus www.ntx-asis10.org Case of the Vanishing 12500 T1 Blvd. How your Interviews/ Dallas, TX 75243 Profits, Speaker: Bruce Interrogations Are Likely To Kozozenski, CPP Texas Mar 5—Apr 9 CPP Study Group Duane Steward, CPP, PSP Be Attacked, Speaker: Panhandle May 7—Jun 11 PSP Study Group [email protected] 806-378-2127 Doug Wicklander. Volume 1, Issue 1 Page 3 Member Spotlight Pearle Vision, Sears Optical, Tar- a shoplifter at work, turn them Q. Why did you join the ASIS LP get Optical, BJ's Optical, and in!" Retail council and how has it Macy's Optical) to 45 associates. benefited you? Q. What do you think about the When you can mentor and grow importance of ORC and how it A. I joined the LP Retail Council to associates into promotions and contribute to the field of Retail will be treated in this country in greater responsibility, that is an Loss Prevention and to try to in- the future? accomplishment. In my career, I crease the visibility of retail LP quit being a manager and A. I think it is important enough within ASIS. I think retail is not front of mind with most college started working at being a to have a team of LP associates graduates and organizations like leader. Leadership is something dedicated to investigate it. The ASIS can really help to create you never finish; you have to team is lead by a former police opportunities and the environ- Al Greggo, CPP, CFE keep trying to perfect it. detective with the right contacts ment to attract great talent! Senior Director - Loss Prevention, to local and federal law enforce- Q. How has LP changed since Luxottica Retail ment for collaboration on this you first got into the field, and problem. Every company needs where do you see it going from Al Greggo has been to work together in the collabora- here? with Luxottica for 13 years.
Load more

Recommended publications
  • Hypermarket Lessons for New Zealand a Report to the Commerce Commission of New Zealand
    Hypermarket lessons for New Zealand A report to the Commerce Commission of New Zealand September 2007 Coriolis Research Ltd. is a strategic market research firm founded in 1997 and based in Auckland, New Zealand. Coriolis primarily works with clients in the food and fast moving consumer goods supply chain, from primary producers to retailers. In addition to working with clients, Coriolis regularly produces reports on current industry topics. The coriolis force, named for French physicist Gaspard Coriolis (1792-1843), may be seen on a large scale in the movement of winds and ocean currents on the rotating earth. It dominates weather patterns, producing the counterclockwise flow observed around low-pressure zones in the Northern Hemisphere and the clockwise flow around such zones in the Southern Hemisphere. It is the result of a centripetal force on a mass moving with a velocity radially outward in a rotating plane. In market research it means understanding the big picture before you get into the details. PO BOX 10 202, Mt. Eden, Auckland 1030, New Zealand Tel: +64 9 623 1848; Fax: +64 9 353 1515; email: [email protected] www.coriolisresearch.com PROJECT BACKGROUND This project has the following background − In June of 2006, Coriolis research published a company newsletter (Chart Watch Q2 2006): − see http://www.coriolisresearch.com/newsletter/coriolis_chartwatch_2006Q2.html − This discussed the planned opening of the first The Warehouse Extra hypermarket in New Zealand; a follow up Part 2 was published following the opening of the store. This newsletter was targeted at our client base (FMCG manufacturers and retailers in New Zealand).
    [Show full text]
  • Realty • 2012 Annual Report
    Kimco Realty • 2012 Annual Report REALTY REALTY 3333 New Hyde Park Road New Hyde Park, NY 11042 Tel: 516-869-9000 blog.kimcorealty.com / kimcorealty.com 2012 Annual Report REALTY 247947KIM_Cvr_R1.indd 1 REALTY 3/12/13 1:42 PM Corporate Directory REALTY Board of Directors v Milton Cooper Philip E. Coviello (1)(2)(3) Richard G. Dooley (1)(2)(3 ) Executive Chairman Partner * Lead Independent Director Kimco Realty Corporation Latham & Watkins LLP Executive Vice President & Chief Investment Officer * Massachusetts Mutual Life Insurance Company Joe Grills (1)(2v)(3) David B. Henry F. Patrick Hughes (1v)(2)(3) Chief Investment Officer * Vice Chairman, President President IBM Retirement Fund & Chief Executive Officer Hughes & Associates LLC * Retired Kimco Realty Corporation (1) Audit Committee (2) Executive Compensation Committee Frank Lourenso Colombe M. Nicholas (2)(3) Richard Saltzman (2)(3) (3) Nominating and Corporate Executive Vice President Consultant President Governance Committee v JPMorgan Chase & Co. Financo Global Consulting Colony Capital LLC Chairman REALTY Executive Management Milton Cooper David B. Henry Michael V. Pappagallo Glenn G. Cohen Executive Chairman Vice Chairman, President Executive Vice President Executive Vice President, & Chief Executive Officer & Chief Operating Officer Chief Financial Officer & Treasurer Corporate Management David F. Bujnicki Adam M. Cohen Raymond Edwards Fredrick Kurz Leah Landro Vice President, Vice President, Vice President, Vice President Vice President, Investor Relations & Tax Retailer Services & General Manager, Human Resources Corporate Communications Risk Management Scott G. Onufrey Bruce Rubenstein Thomas R. Taddeo Paul Westbrook Senior Vice President, Senior Vice President, Vice President, Vice President, Acquisitions & Investment General Counsel & Chief Information Officer Chief Accounting Officer Management Secretary U.S.
    [Show full text]
  • Big Lots, Inc. 2005 Annual Report About Our Company
    Big Lots, Inc. 2005 Annual Report about our company Headquartered in Columbus, Ohio, Big Lots (NYSE: BLI) is a Big Lots, Inc., 300 Phillipi Road, Columbus, Ohio 43228 Fortune 500 company with over 1,400 stores nationwide. For more than three decades, we’ve delighted our customers with a vibrant mix of exciting brands, unique products, and closeout prices. Big Lots offers new merchandise every week at substantial savings over traditional discount retailers, on average 20 to 40 percent less. Our customers love our unexpected, once-in-a-lifetime deals. We also carry attractive, affordable furniture, home furnishings, seasonal merchandise, and hundreds of everyday items consumers want and need. Through excellent relationships with manufacturers, high-volume purchases, and strict expense control, we pass tremendous savings on to our customers. 1121124_CVR_R421124_CVR_R4 2 44/13/06/13/06 11:51:19:51:19 PPMM Big Lots, Inc. 2005 Annual Report about our company Headquartered in Columbus, Ohio, Big Lots (NYSE: BLI) is a Big Lots, Inc., 300 Phillipi Road, Columbus, Ohio 43228 Fortune 500 company with over 1,400 stores nationwide. For more than three decades, we’ve delighted our customers with a vibrant mix of exciting brands, unique products, and closeout prices. Big Lots offers new merchandise every week at substantial savings over traditional discount retailers, on average 20 to 40 percent less. Our customers love our unexpected, once-in-a-lifetime deals. We also carry attractive, affordable furniture, home furnishings, seasonal merchandise, and hundreds of everyday items consumers want and need. Through excellent relationships with manufacturers, high-volume purchases, and strict expense control, we pass tremendous savings on to our customers.
    [Show full text]
  • Case 5 WAL-MART STORES INC., MAY 2002*
    Case 5 WAL-MART STORES INC., MAY 2002* How did a peddler of cheap shirts and fishing rods become the mightiest corporation in America? (Fortune, April 12, 2002) In May 2002, Wal-Mart published first quarter results for its new financial year (February 1, 2002 to January 31, 2003). Compared to the same period of the previous year, sales were up by 14 percent and net income had increased by 20 percent—the deteriorating US economy and plunging consumer confidence had failed to dent Wal-Mart’s continued prog ress. The Fortune 500 rankings list, published in April 2002, showed that Wal-Mart was America’s largest company (in terms of revenue); this also implied that Wal-Mart would head Fortune’s Global 500 (that would be published in July). International expansion had also extended Wal-Mart’s global reputation. In February 2002, Fortune had identified Wal-Mart as the world’s second “most admired company” (after General Electric). Unlike most other high-flying companies, Wal-Mart also seemed to be impervious to the stock market meltdown: Wal-Mart’s share price at the end of May was $54—barely changed from the level prior to September 11, 2001. Wal-Mart’s transformation from a small chain of discount stores in Arkansas, Missouri and Oklahoma in 1970 to the world’s largest retailer was one of the most remarkable corporate success stories of the 20th century. Its founder, Sam Walton had combined folksy charm and home -spun business wisdom with leading edge information technology and supply chain management to create the world’s most efficient retail organization.
    [Show full text]
  • SEC News Digest, 11-22-1991
    INVESTMENT COMPANY ACT RELEASES PATHFINDER HERITAGE FUNDS A notice has been issued g~v~ng interested persons until December 16 to request a hearing on an application filed by Pathfinder Heritage Funds for an order under Section 8(f) of the Investment Company Act declaring that it has ceased to be an investment company. (ReI. IC-184l2 - November 20) SELF-REGULATORY ORGANIZATIONS PROPOSED RULE CHANGES The Chicago Board Options Exchange filed with the Commission under Rule 19b-4 a proposed rule change (SR-CBOE-9l-39) which limits to 120 the number of days in which a respondent involved in a disciplinary proceeding may submit offers of settlement to the CBOE's Business Conduct Committee after a statement of charges has been served. The proposal also limits to two the number of offers which may be presented during that l20-day period. Publication of the proposal is expected in the Federal Register during the week of November 25. (Rel. 34-29959) The Chicago Board Options E;:xchange filed with the Commission under Rule 19b-4 a proposed rule change (SR-CBOE-91-4l) which would require each CBOE member to establish, maintain and enforce written policies and procedures reasonably designed to prevent the misuse of material, nonpublic information by such member or persons associated with that member. Publication of the proposal is expected in the Federal Register during the week of November 25. (ReI. 34-29967) The American Stock Ex~hange filed a proposed rule change (SR-Amex-9l-29) with the Commission under Rule 19b-4 to amend Amex Rules 131 and 154, on a permanent basis, to broaden a specialist's ability to represent percentage orders and generally to expand the types of percentage orders allowed to be effected on the Amex.
    [Show full text]
  • Corporate Productivity and I/S Investment
    IMP I/S INTERCORPORATE MEASUREMENT PROGRAM SPECIAL REPORT CORPORATE PRODUCTIVITY AND I/S INVESTMENT SCATTERGRAM ANALYSIS Center for Research on Information Technology and Organizations (CRITO) Graduate School of Management University of California, Irvine Kenneth L. Kraemer Debora Dunkle Graduate School of Management Center for Research on Information Technology and Organizations (CRITO) University of California, Irvine Copyright © 1997 by Center for Research on Information Technology and Organizations, University of California, Irvine CORPORATE PRODUCTIVITY AND I/S INVESTMENT SCATTERGRAM ANALYSIS Intercorporate Measurement Program Center for Research on Information Technology and Organizations (CRITO) Graduate School of Management University of California, Irvine Copyright 1997 by Center for Research on Information Technology and Organizations University of California, Irvine About IMP The Intercorporate Measurement Program (IMP) is an industry-university cooperative research program conducted by the Center for Research on Information Technology and Organizations (CRITO) at the University of California, Irvine. It is supported by grants from the United States National Science Foundation and IBM Corporation. The program’s earlier years were supported by grants from CSC Research and Advisory Services. Our purpose is to further the state of the art of I/S performance measurement and to improve I/S performance in practice. IMP conducts annual surveys of management practice, business value, and I/S performance in corporations. It feeds back the knowledge gained to survey participants and to IMP sponsors through publications, workshops, and client programs. For further information on the IMP Program, please contact Dr. Kenneth L. Kraemer at (714) 824-5246 or [email protected]. About the Authors Kenneth L. Kraemer specializes in the management of computing and is co-author of Managing Information Systems and ten other books on computers and information systems in organizations.
    [Show full text]
  • Companies with Matching Gift Programs
    COMPANIES WITH MATCHING GIFT PROGRAMS A The Abbott Laboratories Fund, Abell-Hanger Foundation, Inc., ACF Industries, Inc., ADC Foundation, Adobe Systems, Inc., Adria Laboratories, Advanced Micro Devices, Aegon, Transamerica Foundation, The AES Corporation, Aetna Foundation, Inc., Aid Association for Lutherans, AIM Foundation, Air Liquide, America Corporation, Akzo Nobel Inc., Albemarle Corporation, Albertson's Inc., Alcoa Aluminum Company of America, Allegheny Ludlum Corporation, Allendale Insurance Foundation, Allied-Signal Inc., Allstate Insurance Co., Amax Foundation, Inc., Ambac Financial Group, Inc., Amerada Hess Corporation, American Airlines, American Brands, Inc., American Cancer Society, American Cyanamid Company, American Electric Power System, American Express Foundation, American General Corporation, American Home Products Corporation, American International Group, Inc., American Medical International, Inc., American Ref-Fuel Company, American Standard Inc., Ameritech Amgen, Inc., Anadarko Petroleum Corporation, Analog Devices Inc., Anchor Brewing Co., Anheuser-Busch Foundation, AON Foundation, Apache Corporation, Apple Computer Corporation, ARAMARK Corporation, Argonaut Group, Inc., Armco Foundation, Arthur Andersen & Co., The Arthur J. Gallagher Foundation, The Ashland Inc. Foundation, ASPECT Associates First Capital Corporation, AT & T, Atofina Petrochemicals, Inc., Autoliv ASP, Inc., Avon Foundation, Inc., AXA Foundation B Baker Hughes Foundation, Ball Corporation Bank of America, The Bank of New York, The Bank of Tokyo-
    [Show full text]
  • Workers' Comp & Auto Payer List
    September 2021 PHIcure ‐ Confidential Workers' Comp & Auto Payer List Payer ID Payer Name State WC Auto ERA WC100 1‐888‐Ohiocomp All ✓ E1365 1st Auto & Casualty MN ✓✓✓ E0657 21st Century Insurance All ✓ E0658 22125 Roscoe Corp. All ✓ CB138 3D Instruments LLC All ✓ WC101 3‐HAB All ✓ WC229 7‐Eleven (Corp) CA,MN,TX ✓ CQ001 A A R P All ✓ CQ005 A C F Industries Inc All ✓ WE048 A Complete Resource All ✓ CQ063 A T C / Vancom Paratransit Services All ✓ WE051 A Total Resolution All ✓ WE046 A Total Resource All ✓ A0680 A.I. Lloyds, Inc. All ✓ CT,FL,GA,IN,MD, E0627 A.W. Holdings LLC Dba Benchmark MI,MO,NJ,NM, ✓✓ TN,VA CB770 A‐1 Freeman Moving Group, Inc. All ✓ CB037 AAA Automobile (MI) All ✓ WC188 AAA Automobile (MN) MN ✓ A0001 AAA Cooper Transportation MN,TX ✓ E3748 AAA Minnesota/Iowa MN ✓✓ E9989 AAA Northern CA, NV & UT Ins exchange All ✓ LS173 Aasgard Summit Management Attn: LICUA All ✓ CQ002 ABC Applicance, Inc. All ✓ E9990 ABC Const. Company All ✓ CQ003 ABC Distribution LLC All ✓ LS980 ABC Unified School District All ✓ ABC Unified School District Medical Cost LS981 All ✓ Containment CQ004 Abercrombie & Fitch All ✓ CB971 Abernathy ISD All ✓ LS461 Abf Freight System, Inc. (Athens) All ✓✓ CB249 ABI‐Felipe Rosas (Athens) All ✓ WB541 AC Moore Inc. All ✓ IS001 Academy ISD All ✓ E10218 Acadia MN,TX ✓✓ WB542 Accentcare, Inc. All ✓ E1136 Accident Fund Insurance Co of America All ✓✓ E3033 Accuride Corporation MN,TX ✓✓ WC390 Ace Fire Underwriters Insurance Co All ✓ E9992 Ace Property & Casualty Ins Co All ✓✓ E10230 Ace USA All ✓✓ E10231 Ace USA Rocklin All ✓✓ E1366 ACIG Insurance Company MN,TX ✓✓✓ ACM2C Acm‐2Cs (Internal Use Only) All ✓ CB448 Acme Administrators, Inc.
    [Show full text]
  • View Annual Report
    Kimco Realty • 2014 Annual Report Transforming & Cre at i ng Va lue REALTY 2014 Annual Report REALTY Kimco Realty Realty Corporation Corporation (NYSE: (NYSE: KIM) KIM) is a realis a estate real estate investment investment trust (REIT) trust head- quartered(REIT) headquartered in New Hyde Park,in New N.Y., Hyde that ownsPark, andN.Y., operates that is North America’sAmerica’s largest largest publicly traded owner and operator of neighborhood and publicly traded portfolio of neighborhood and community shopping centers. As of community shopping centers. As of December 31, 2014, the company ownedDecember interests 31, 2013, in the754 companyshopping owned centers interests comprising in 852 110shopping million centers square com- feetprising of 125leasable million space square across feet of 39 leasable U.S. states, space acrossPuerto 42 Rico, U.S. Canada,states, Puerto Rico, Canada,Mexico andMexico Chile. and South America. LETTER FROM THE CHAIRMAN 2 2014 OPERATING REVIEW 4 FORM 10-K 21 SHAREHOLDER INFORMATION 148 CORPORATE DIRECTORY IBC on the cover: Tri-City Plaza, Largo, FL, before and after redevelopment Joint Venture Acquisition Dulles Town Crossing, Sterling, VA KIMCO’S PATHS TO GROWTH Our growth strategy, summed up in three letters and one symbol: TSR+, continues to transform our business and create additional shareholder value. TRANSFORM Trading up to higher-quality properties in top markets pg. 4 SIMPLIFY Focusing on retail real estate in the U.S. pg. 9 REDEVELOP Getting the most value out of our strongly situated shopping centers pg. 12 PLUS Taking advantage of opportunistic retail investments pg. 17 These four parallel paths to growth all lead to the other TSR: TOTAL SHAREHOLDER RETURN 1 CHAIRMAN’S LETTER Kimco had an excellent year in terms of financial results, occupancy gains, and executing on our “Transform, Simplify, Redevelop, Plus” strategy, designed to generate Total Shareholder Return.
    [Show full text]
  • History of Retailing in North America
    History of Retailing in North America Smyyth LLC September 27, 2011 Editor’s Notes This article, which was originally written in 2005 for the Chinese export market, and re- edited in 2011, is just as relevant today as when it was written. In just six years, we have seen tremendous changes in the North American retail industry, exacerbated by the equities and real estate crash and “great recession” of 2008-201X? (the end has yet to be written). Retail business models also are crashing, brought on by overstoring, depression-like economics, high unemployment, and stale retail models. Beyond that, we have the ascendancy of disruptive Internet shopping. A few examples: Amazon vs. booksellers., the Apple Ipod vs. music retailers, Netflix vs. Blockbuster and video stores, Zappos/Amazon vs. shoe retailers. The pace of change is so fast that in just a few short years, Netflix video by mail killed the video stores, and now video streaming is killing the video-by-mail business. The most successful online or brick-and-mortar business models today must constantly and quickly evolve or face ruthless extinction. History of Retailing in North America To provide a broader perspective, we have put together a short history of retailing in the U.S., tracing its growth and development, its saturation, and the subsequent period of both consolidation and “creative destruction”, which continues into the present. We will also examine some of the different retail formats that have taken root in the U.S. and what we see for them in the future. The Pre-Modern Period (pre-1945) - During this era, mom-and-pop stores and general stores operated throughout the country.
    [Show full text]
  • Richard Hauer's
    H3 Consulting Group LLC Real Estate and Financial Advisory Services [email protected] (646) 712-1606 Richard Hauer has been providing real estate and financial advisory, asset management, and restructuring services to owner operators, lenders, landlords, REITS, private equity firms, Debtors, and Creditor Committees for over 25 years and has specialized in the real estate, retail, and manufacturing sectors. His expertise and respect for these industries began during his formative years while working for Vornado Realty Trust where he was responsible for identifying retailers where he could recapitalize under-utilized real estate as he did with Alexander’s Department Stores. Subsequently, while working in the real estate advisory group of PriceWaterhouseCoopers (“PWC”), Richard was introduced to the corporate bankruptcy practice where he was able to utilize his expertise in retail real estate to preserve and extract maximum asset value from distressed entities. After six years, Richard departed PWC with a colleague to form and build Gemini Realty Advisors, a nationally recognized real estate advisory and management boutique. Since then, Richard has regularly worked closely with management teams and other professionals to create and manage a real estate restructuring/disposition plan, and to preserve and maximize value while operating the properties in a cost effective and efficient manner. Additionally, Mr. Hauer has been retained to provide fee and leasehold valuations, lease administration, asset management, expert testimony and due diligence services. Prior to forming H3 Consulting Group Mr. Hauer was a Managing Director with Executive Sounding Board Associates and BDO Consulting where his engagements and responsibilities ranged from acting as CRO to a middle market manufacture where he managed and led a highly sensitive situation until the company was sold to working with the management team of a retailer/manufacturer to evaluate the company’s retail operations and restructure its real estate portfolio.
    [Show full text]
  • Belk of Spartanburg V. Thompson
    This Case Provided Courtesy of: Banister Financial, Inc. 1338 Harding Place, Suite 200 Charlotte, NC 28204 Phone: 704-334-4932 www.businessvalue.com For More Information Contact: George B. Hawkins, ASA, CFA ([email protected]) Michael A. Paschall, ASA, CFA, JD ([email protected]) THE STATE OF SOUTH CAROLINA In The Court of Appeals ________ Belk of Spartanburg, S.C., Inc., Respondent, v. Carolyn T. Thompson and Mary E. S. Hanahan, of whom Carolyn T. Thompson, is Appellant. ________ Appeal From Greenville County Charles B. Simmons, Jr., Master-in-Equity and Special Court Judge ________ Opinion No. 3040 Heard June 8, 1999 - Filed August 30, 1999 ________ AFFIRMED AS MODIFIED ________ Stephen P. Groves, Sr., Thomas S. Tisdale, Jr., and Stephen L. Brown, all of Young, Clement, Rivers & Tisdale, of Charleston; and William I. Belk, of The Belk Group; and Robert N. Burris, of Burris, McMillan, Pearce & Mayer, both of Charlotte, North Carolina, for appellant. Benjamin A. Johnson and Stephen M. Cox, both of Robinson, Bradshaw & Hinson, of Rock Hill; and A. Ward McKeithen, of Robinson, Bradshaw & Hinson, of Charlotte, North Carolina, for respondent. ________ CURETON, J.: In this stock valuation proceeding brought pursuant to S.C. Code Ann. § 33-13-300 (1977), appellant-stockholder Carolyn T. Thompson (Thompson) appeals the trial court's valuation of her stock in respondent Belk of Spartanburg, S.C., Inc. We affirm as modified. 1 of 14 FACTS / PROCEDURAL HISTORY Belk Department Store of Spartanburg, S.C., Inc. ("BDS") decided to merge with Belk's Department Store of Clinton, S.C., Incorporated. The merger was effective October 5, 1996, and the resulting corporation was re-named Belk of Spartanburg, S.C., Inc.
    [Show full text]