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Strategy

  • Walmart in big remodeling push

    Walmart will be making big changes to a lot of stores this year, according to a report from MLive.com. Among the roughly 400-640 stores that will get a remodel this year are 12 Michigan locations, the report said.

    MLive notes that among the changes coming to stores undergoing a remodel will be a lounge-like area for in-store pickup, the locations of which will move to the front of the store, more fresh and organic offerings, wider aisles and changed sightlines. Three markets in Michigan also will see the piloting of online grocery ordering for in-store pickup, the report said.

  • Gymboree names retail veteran as CEO

    Gymboree Corp. has tapped the former chief of Tilly’s executive as the children’s clothing retailer’s new CEO.  

  • Orrico: ‘Developing today’s retail is a community thing’

    National Realty & Development Corp. has been in business for some 50 years, and privately held for all that time. It is one of the Northeast’s premier retail owners and developers, with a portfolio of 78 centers. But a ground-up development in Middletown, New Jersey, has served to crystallize what brick-and-mortar retail is all about for longtime president John Orrico.  

  • Philly tops list of 10 most affordable retail locations

    Retailers who want a prime location but also one that’s affordable should check out Philadelphia, Chicago and Seattle.  

  • Specialty beauty retailer thriving in bricks-and-mortar

    Someone forgot to tell Bluemercury about the slowdown in physical retail.    The beauty retailer, which was purchased by Macy’s in 2015, plans to open some 40 stores in 2017, according to a report by the Chicago Tribune, including six in Chicago. Currently, it has nearly 200 locations nationwide.   

  • Why college towns are brilliant for retail

    Deborah Butler grew up in a college town. More importantly, she watched her family grow one store into a mega-retail-complex in Gainesville, Florida, that keeps on growing. The University of Florida has been very, very good to Butler and her family, and Butler has lots to say about the symbiotic relationship of higher education and retail.  

  • Candy retailer in deal to expand footprint

    Lolli & Pops has entered into a partnership to grow its store portfolio.

    The retailer, which specializes in high-end sweets and confectionary treats, is teaming up with retail real estate company GGP Inc. to open 30 new locations.  

  • Long-delayed megamall inches closer to reality with new financing

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