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Strategy

  • Target testing Curbside’s store pickup model

    Ten Target stores in the San Francisco area are experimenting with a new mobile shopping app called Curbside, which promises to deliver the next generation of commerce.

    Curbside launched its mobile app this week to make finding, buying and getting the things shoppers need from their favorite local stores faster and easier than ever before, according to the company. Target is among the retailers whose stores are participating in the Curbside app.

  • Phillips Edison-ARC Shopping Center REIT buys 11 centers in Q3

    Cincinnati - Phillips Edison–ARC Shopping Center REIT Inc. acquired 11 grocery-anchored shopping centers during third quarter 2014. The company's portfolio now consists of 131 properties located in 27 states and leased to 38 leading grocery store anchors.

    The 11 grocery-anchored shopping centers acquired during the third quarter to date expanded the company's presence in 10 states: California, Colorado, Florida, Georgia, Massachusetts, Michigan, North Carolina, Ohio, South Carolina and Tennessee.

  • HP to split into two public companies

    Palo Alto, Calif. – HP plans to separate into two new publicly traded Fortune 50 companies: one comprising HP’s enterprise technology infrastructure, software and services businesses, which will do business as Hewlett-Packard Enterprise, and one that will comprise HP’s personal systems and printing businesses, which will do business as HP Inc. and retain the current logo.

  • RKF arranges New York leases with Bluemercury, Brora

    New York - RKF has arranged two leases totaling 2,680-sq.-ft. at 1200 Madison Ave. on the Upper East Side of Manhattan with beauty retailer Bluemercury and upscale Scotland-based knitwear company Brora. The new Bluemercury, scheduled to the week of Oct. 6, will occupy 1,705-sq.-ft. and will be the brand’s second location on the Upper East Side.

  • Party City names new president

    Elmsford, N.Y. - Party City has promoted Gregg A. Melnick to the position of president of Party City Holdings, effective immediately. Party City Holdings is the parent company of the Party City Retail Group and Amscan Inc., among other entities.  

    Most recently, Melnick was the president of the Party City Retail Group. Melnick will partner with all of the key department heads across both the retail and wholesale divisions to provide the leadership to strengthen the brands and create opportunities for greater collaboration.

     

  • NPD adjusts leadership in key growth area

    Global information company NPD Group made a key organizational change to its growing home and office supplies practice.

    The information provider said Lora Morsovillo, formerly president of the NPD’s office supplies practice, would assume the role of president of the home practice.  Morsovillo will continue to report to Perry James, who continues to lead the firm’s  hardlines sector, including home, automotive, toys, and office supplies.  James also takes over direct management of office supplies from Morsovillo.

  • Report: Nordstrom looking to open store in downtown Manhattan

    New York -- Nordstrom is searching for about 250,000 sq. ft. of space in which to open a full-line store in downtown Manhattan, Women’s Wear Daily reported. Saks Fifth Avenue recently announced it will open downtown, as an anchor in Brookfield Place.

    Nordstrom is scheduled open its first full-line store in the Big Apple, on 57th Street between Broadway and Seventh Avenue, in 2018.

     

  • Under Armour to build distribution center in Tennessee

    Under Armour, Tennessee Governor Bill Haslam and economic and community development commissioner Bill Hagerty announced the company's plans to build a new 1 million-sq.-ft. distribution and warehouse facility in Mount Juliet, Tennessee, a suburb of Nashville.

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