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Finance & Capital Management

  • RPAI increases presence in Seattle MSA to more than 1.2 million sq. ft.

    Newcastle, Wash. -- Retail Properties of America announced that it has closed on the off-market acquisition of Coal Creek Marketplace, a 56,000 sq. ft. grocery-anchored center located in Newcastle, Washington for approximately $17.6 million. The center is currently 95% occupied and anchored by Quality Food Centers, a subsidiary of Kroger.

  • Shoe Carnival eyes, ‘tremendous untapped opportunity’

    New market entries, a newly developed small format and ambitious omnichannel efforts have family footwear retailer Shoe Carnival on a trajectory to surpass $1 billion in annual sales.

  • Kmart pays $1.4 million Medicare settlement

    Hoffman Estates, Ill. – Kmart has paid the U.S. government $1.4 million to resolve allegations that it improperly used drug manufacturer coupons and gasoline discounts to reduce pharmacy costs for Medicare patients at Kmart pharmacies.

  • Malicious and unfair: Albertsons sued for $1 billion

    Regional supermarket chain Haggen’s acquisition of 146 Albertsons and Safeway stores has been a disaster and the reasons why are detailed in a new lawsuit that heaps blame of the parent company of divested stores.

  • Haggen slams Albertsons for sabotaging store takeover, sues for $1 billion

    Boise, Idaho -- Haggen’s acquisition of 146 Albertsons and Safeway stores is shaping up as a disaster and the reasons why are detailed in a new lawsuit that puts the blame squarely on the parent company — Albertsons Holdings — of the divested stores.

  • Santa.com could be holiday gift for some retailer

    The value of a super premium domain name that people instinctively visit during the holidays will be revealed soon as a leading asset disposition firm looks to extract maximum value for Santa.com.

  • Build-A-Bear builds a new store format in Minnesota

    Build-A-Bear Workshop is embarking on an effort to make its iconic in-store experience more fun than ever for kids of all ages with the opening of a new format at America's largest shopping mall.

    Part of a company-wide brand refresh, the reformatted store, located on the first level in the north wing, officially re-opened its doors this morning after a multi-month renovation. The ribbon-cutting ceremony featured special guests from Parents in Community Action, Inc., a private, nonprofit that operates Head Start and Early Head Start programs in Hennepin County, Minn.

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