Strategy

PITTSBURGH — Dick’s Sporting Goods plans to open three new stores in three states on March 7.

A new store in St. George, Utah, will open simultaneously with new locations in Ft. Lauderdale, Fla., and Boardman, Ohio. Giveaways and special events will accompany each opening.

The St. George, Utah, store, the retailer’s third in the state, is located at Red Rock Commons shopping center. The Ft. Lauderdale, Fla., store joins 17 other Dick’s stores in the state and will be located at the Regions Bank Plaza.

Naperville, Ill. — OfficeMax has named new leadership at its contract division. The company announced that, effective April 2, John Kenning will serve as executive VP and president and will report directly to Ravi Saligram, president and CEO of OfficeMax.

Mississauga, Ontario -- Canadian discount store chain The Bargain! Shop said Monday that it will acquire 10 retail locations from Hudson's Bay Co.’s closing Fields banner, effective Aug. 1.

The acquisitions will grow The Bargain! Shop to 237 stores.

"As part of our plan to further grow our organization, this is a great opportunity for us to expand our footprint across Canada," said Lloyd Davis, president of The Bargain! Shop. 

St. Louis -- A Ross Dress for Less executive suggested that the midwestern United States offers significant growth potential for the discounter. In an interview on the St. Louis Today website, reported Monday, the company’s VP for the midwest region Fred Shuey said that Ross’s two just-opened St. Louis stores will be joined by more.

Pittsburgh -- Dick’s Sporting Goods said Monday that it will open three new stores in three states on March 7.

A new store in St. George, Utah, will open simultaneously with new locations in Ft. Lauderdale, Fla., and Boardman, Ohio. Giveaways and special events will accompany each opening.

The St. George, Utah, store, the retailer’s third in the state, is located at Red Rock Commons shopping center. The Ft. Lauderdale, Fla., store joins 17 other Dick’s stores in the state and will be located at the Regions Bank Plaza.

Jacksonville, Fla. -- Stein Mart said Monday it will open three new stores on March 15, located in Irvine, Calif.; Suwanee, Ga.; and Sunset Hills, Mo.

The Irvine store is a relocation of another Irvine location. The two new and one relocated store bring Stein Mart’s total store count to 264.

“We are pleased to announce the expansion of our footprint in these three existing markets,” said Jay Stein, interim CEO.

Sioux Falls, S.D. -- Verizon Wireless services retailer Z Wireless, which operates 12 stores throughout Kansas, on Monday announced the acquisition of T2 Wireless, another Verizon retailer which operates more than a hundred stores in the Great Plains.

Atlantic Street Capital, a private equity firm investing in the lower middle market, acquired Z Wireless in 2011.

Northridge, Calif. -- Two new restaurants will join the tenant lineup at Northridge Fashion Center, located in Northride, Calif. The center will also add an outdoor amphitheater.

Scheduled to open late in fall 2012, Yard House and Elephant Bar will join the center's restaurant row, which already features California Pizza Kitchen, Wood Ranch BBQ & Grill, Claim Jumper and Romano's Macaroni Grill.

New York — Stop & Shop announced that its New England and New York Metro divisions and its customers were able to give back more than $22 million in 2011 into the hundreds of communities in which they operate.

Deerfield, Ill. — Higher front-end sales for the month of February helped counter-balance lost revenue from Express Scripts prescriptions, Walgreeens reported Monday. Overall, the drug store chain reported a 1.5% sales increase to $5.9 billion.

Shares of Walgreens were up slightly by 8 cents to $32.77 in early morning trading.