Marketing

PLEASANTON, Calif. — Safeway is projecting that 2012 will be a good year for the retailer.

The company said ahead of an investor conference held Tuesday that it forecasts earnings per share will be in the range of $1.90 to $2.10 per diluted share. This compared with net income of $1.49 per diluted share in fiscal 2011, due to a tax charge 29 cents per diluted share. Excluding the charge, diluted earnings per share would have been $1.78 in fiscal 2011.

SEATTLE — Recreational Equipment Inc. will make its Florida debut in the spring of 2013 with the opening a a store in Jacksonville, Fla. The company also announced that it will open its eighth store in Texas in the city of San Antonio in the fall of 2012.

The company's first Florida store in Jacksonville will occupy nearly 23,400 sq. ft. and will be located at The Markets at Town Center. The San Antonio location will occupy 27,500 sq. ft. 

New York City -- Modell’s Sporting Goods said Tuesday it will celebrate the grand opening of three new locations in Brooklyn, N.Y., Fresh Meadows, N.Y., and Wayne, N.J., on March 8.

The Fresh Meadows store measures 13,000 sq. ft., the Wayne store is 16,700 sq. ft., and the Brooklyn store is 15,900 sq. ft.

Seattle — Recreational Equipment Inc. will make its Florida debut in the spring of 2013 with the opening a a store in Jacksonville, Fla. The company also announced that it will open its eighth store in Texas in the city of San Antonio in the fall of 2012.

The company's first Florida store in Jacksonville will occupy nearly 23,400 sq. ft. and will be located at The Markets at Town Center. The San Antonio location will occupy 27,500 sq. ft.

Tustin, Calif. -- Present Value Properties announced Tuesday that Annette Kolb has been named director of real estate for the firm.

Kolb will be responsible for the real estate needs of national chain retailers including Pizza Hut, Long John Silver and Jack in the Box franchisees located in Phoenix, Dallas and Missouri. She will handle lease extensions/renegotiations, new locations and relocations and be based in Phoenix.

Lawrenceville, Ga. -- The Lego Group announced the grand re-opening of its Lego store on March 16 at Discover Mills, Atlanta’s largest outlet, value retail and entertainment destination.

The Lego store will now be located near The Disney Store and Gymboree Outlets and features innovative displays, in-store family events and shopper-friendly play areas.

Oakbrook Terrace, Ill. -- Chicago-based Mid-America Real Estate Group announced the appointment of Cynthia J. Kratchman as a new principal at its Detroit-based division Mid-America Real Estate-Michigan Inc.

Kratchman joins the firm with more than 20 years of retail brokerage experience in Michigan, and will be primarily responsible for tenant representation, surplus disposition and high profile listings.

Previously, she was a broker with Landmark Commercial Real Estate Services.
 

By Suzy Stewart, DHR International

It appears that 2010 was a real turning point for retailers going to the outside to find experienced and talented omnichannel executives.

QUINCY, Mass., and PURCHASE, N.Y. — Stop & Shop customers in New England and the New York Metro area helped the retailer give back more than $22 million in 2011 into the hundreds of communities in which they operate.

ATLANTA — The Martha Stewart brand continues to resonate with consumers, which is why it is no suprise that The Home Depot has extended its agreement with Martha Stewart Living Omnimedia to offer Martha Stewart Living branded products at its 2,000-plus stores through March 2016.

The agreement also calls for an expansion of products offered.