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Strategy

  • Bottom Dollar Food grocery chain expanding

    Salisbury, N.C. -- Discount grocery chain Bottom Dollar Food announced Monday plans to enter the greater Pittsburgh and Youngstown, Ohio, markets.

    The expansion includes 14 stores that will open in 2012 and slated to create more than 600 jobs.

  • Play ball! JCPenney CMO to open baseball camp

    NEW YORK — Mike Boylson, formerly EVP and CMO of JCPenney, has traded retailing for baseball. The 32-year JCPenney veteran, who officially stepped down from the company on July 1, and a friend are opening a franchise of D-Bat, a baseball and softball training academy, Advertising Age reported. The facility is due to open this fall.

  • T.J. Maxx to open at Aroostook Center Mall

    Presque Isle, Maine -- Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 25,000 sq. ft. for a T.J. Maxx store in the Aroostook Center Mall in Presque Isle, Maine.

    T.J. Maxx will join Lowes, Sears, J.C. Penney and others in this project. This 525,000-sq.-ft. center is owned by Sitt Assett Management.

    Charter Realty currently represents TJX Cos. for their T.J.Maxx, Marshalls, Marshalls Shoes and HomeGoods divisions in various markets throughout the Northeast.
     

  • Tesco stores to test free WiFi

    London -- Britain’s largest retailer Tesco said Sunday it plans to pilot free WiFi Internet service in its stores, allowing customers to compare prices and read product reviews as they shop.

    According to a Sunday report by the Financial Times, the supermarket retailer is currently testing the service in four stores, with plans to quickly roll it out after evaluating the pilot.

    Tesco is thought to be the first big U.K. retailer to test free WiFi.
     

  • Ulta to open at Hall Road Crossing

    Shelby Township, Mich. -- Centro Properties Group US announced that Ulta will open a 9,405-sq.-ft. store at Hall Road Crossing, located in Shelby Township, Mich.

    Centro Properties Group, based in New York City, is the owner of Hall Road Crossing.
     

  • And the best positioned retailer for BTS is …

    Target and Macy’s get the nod from Citigroup retail analyst Deb Weinswig as top picks to fare well this back-to-school season. In contrast to last week’s NRF survey, which forecasts a slight decline in spending, Weinswig is of the opinion that this year broadline and drug retailers will have their strongest seasonal performance since 2006 thanks to new fashion trends, a favorable weather outlook, inflation and high-end consumer demand.

  • HomeGoods to open new store in Kohls Plaza

    New Milford, Conn. -- Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 28,000 sq. ft. for a HomeGoods store in the Kohls Plaza, located in New Milford, Conn.

    HomeGoods will be a part of Litchfield Crossings, which is a new, 282,000-sq.-ft. development that is being built by Scalzo Realty.

  • Walgreens to offer customized online stationery service

    VANCOUVER, British Columbia — PNI Digital Media on Monday announced an agreement with Walgreens to provide and operate an online stationery service for the Chicago-based pharmacy.

    The service will allow Walgreens customers to create and customize unique cards, invitations and other printed material, including personalized photo books and photo calendars, wedding invitations and business cards.

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