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  • NewMark Merrill completes Colorado ‘lifestyle center’

    The first phase of NewMark Merrill’s redevelopment of the Village at the Peaks in Longmont, Colorado — a 500,000-sq.-ft. lifestyle center — has been completed.   The company purchased the 50% vacant Twin Peaks Mall in 2012 for $8.5 million and has since pumped $90 million into construction of the new project in a private partnership with the city of Longmont that included a $32 million public bond.  

  • Dollar Tree cutting jobs as part of corporate restructuring

    Dollar Tree will eliminate some 370 positions as part of a corporate restructuring related to its acquisition of Family Dollar last year.   The cuts, which include 100 vacant positions at its Family Dollar store support center in Matthews, North Carolina, are part of the chain’s ongoing efforts to integrate its support functions through a shared services model.  

  • Home decor superstore goes public; looks to grow store portfolio

    At Home on Friday started trading its shares on the New York Stock Exchange.    The Plano, Texas-based retailer has been growing its store base at a rate of 20% annually for the last three years, reported the Dallas Morning News. It now operate 115 stores in 29 states across the South and Midwest.     

  • Off-pricer rolls out new format

    Tuesday Morning is showing off its updated prototype at two locations.   The chain’s expanded store at Preston Shopping Center, Dallas, and new store at Parker Central Shopping Center, in Plano, feature new fixtures, flooring, improved lighting and a redesigned store layout that makes it easier for customers to shop. The format also includes an expanded assortment of goods.  

  • Menear says Home Depot plans to stay on a roll

    Thanks to homeowners who are sitting on their houses and Millennials who are starting to buy some, Home Depot CEO Craig Menear sees a rosy revenue picture ahead for home centers. 

  • Weis Markets begins aggressive expansion into Baltimore market

    Weis Markets on Thursday announced it has converted and reopened five former Mars Super Markets as Weis Markets stores located in Baltimore County, including two locations in Dundalk and individual units in Essex, Arbutus and Carney.  

  • HSN moves c-suite exec to anchor Cornerstone division

    HSN’s CFO and COO is taking a new job, but she won’t have to travel far.   Judy Schmeling has assumed the helm of the Cornerstone Brands division of HSN, which consists of home and apparel banners such as Frontgate, Garnet Hill, Grandin Road and TravelSmith.    Schmeling, who will continue to report to HSN CEO Mindy Grossman, will maintain her COO position at HSN, and she will remain CFO until a successor is appointed.  

  • Electronics giant to open new retail concept

    Sony is set to open a store in Manhattan that will highlight new products and technologies, and host consumer events, film screenings and music performances.
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