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Retail

SHI earns record $11.1 billion in 2020 (access required)

The company, run by No. 8 on Forbes Self-Made Women list Thai Lee, launched consultative subsidiary Stratascale, struck new partnerships, and reportedly kept pace with the deluge of customer orders flowing through its two Integration Centers in the past year.

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On the mend (access required)

Flemington Furs was a case study in brilliant marketing and had a more iconic advertising campaign than Disney a century ago, according to Flemington Community Partnership Executive Director Robin Lapidus. Out-of-state dollars flowed like water onto the borough’s Main Street. Decades later, Liberty Village, the nation’s first open-air outlet mall, would bring tourists into town by the busload.

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Two business people assembling blank white jigsaw puzzles with concrete wall background

Centenarian jeweler elevates two to SVP, EVP (access required)

Anne Russell, the company's former vice president of merchandising, has been appointed as executive vice president of branding and merchandising; and Donna Bouchard, the company's former vice president of advertising and community relations, has been appointed as senior vice president of specialty business.

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Building Momentum (access required)

Few industries have seen greater pandemic-fueled disruption than the retail, restaurant and entertainment sectors, which struggled over the past year as the business of selling goods, services and experiences change swiftly and markedly. Yet amid the resulting challenges, there are signs of improvement and tangible progress. Leasing activity is picking up, and so – in turn – is construction. In fact, according to Levin Management Corp. CEO Matthew K. Harding and Maxim Gagneron, the company’s vice president of construction and development, construction activity throughout the commercial real estate services firm’s shopping center portfolio is back to pre-pandemic levels. In the following exchange, Harding and Gagneron weigh in on the North Plainfield-based company’s current activity, and the role construction plays in retail dealmaking and a property’s competitive positioning today and moving forward.

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