Strategy

New York -- Starbucks founder and CEO Howard Schultz says he is not running for President, but that doesn’t mean he is satisfied with the state of politics in American.

Cincinnati -- Phillips Edison Grocery Center REIT II, Inc. announced it has acquired Plano Market Street in Plano, Texas, and The West Acres Shopping Center in Fresno, California, for a collective $57.1 million, totaling more than 253,038 sq. ft.

Plano Market Street is a 169,624 sq. ft. grocery store-anchored shopping center in Plano, Texas, just outside Dallas. The center is 94.2% leased, anchored by Market Street and retailers World of Beer, Tony & Guy, and the Little Gym.

Jacksonville, Fla. – Stein Mart Inc. reported rising total sales in both the second quarter and July 2015. Total sales for the quarter rose 4% to $311.6 million, from $298.1 million.

Build-A-Bear's recent push to reinvigorate its fading brand seems to be working as the retailer reported a big increase in same store sales in the second quarter. 

New Rochelle, N.Y. - Welco Realty Inc., an XTeam partner, has signed an approximately a 50,000-sq.-ft. lease with supermarket chain Fairway Market at Georgetowne Shopping Center in Brooklyn. New York.

Welco represented both the landlord, Astoria Holding Corp., and tenant in this transaction.   

Luxury handbags seem to be as common these days as smartphones, and therein lies the problem for rival brands Coach, Michael Kors and Kate Spade, who all reported quarterly results this week.

As these three luxury heavyweights battle it out against brand saturation and bored shoppers midway through the year, it seems as though only Kate Spade has all the right moves.

Batavia, Ill. – Aldi wants you – if you are someone looking for a store-level retail job.

The rapidly growing discount supermarket retailer will host hiring events throughout the U.S. during the month of August for more than 2,500 positions.

New York -- Sycamore Partners is rocking.