Strategy

New York City -- Prudential Douglas Eilliman’s Retail Group announced that in less than two weeks after arranging the sale of a multi-level retail condominium at 1086 Madison Avenue, the retail sales and leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, have leased the boutique space to luxury handbag and accessories importer Muska Milano. 

PORTLAND, Ore. -- Adidas has announced the launch of its newest running shoe, the ClimaCool Ride. The shoe features 360-degree ventilation, attacking the main cause of runners' discomfort – high humidity and temperature, the company reported. The shoe is available in 26 colors. 

Fort Worth, Texas -- Trademark Property Co. said Tuesday it acquired a vacant 67,000-sq.-ft. department store space formerly occupied by Mervyn’s in its Santa Fe Place mall located in Santa Fe, N.M.

The 571,238-sq.-ft. Santa Fe Place was acquired in the summer of 2010. Trademark is directing the remerchandising and redevelopment of the property, which is Northern New Mexico’s only regional mall, for its private equity partner.

PLEASANTON, Calif. -- The Safeway Foundation announced that it has donated $100,000 and will match employee donations up to $50,000 to help with the Japan earthquake and tsunami relief effort. The contribution will be distributed to the impacted area through the American Red Cross.

Plano, Texas -- J.C. Penney has been named the No. 1 retailer on Diversity's annual ranking of "Top 50 Companies for Diversity," which recognizes leading organizations for best practices in diversity management.

It is the second consecutive year that the company has earned its place on the list, moving up 11 spots to No. 35 overall.

New York City -- ACI Worldwide, an international provider of payment systems, announced that it has acquired ISD Corp. to broaden the functionality of its payments solutions for retailers. ISD is a provider of secure payment management software and solutions for retailers in the United States and Canada.

With the addition of 140 customers from ISD, ACI now has more than 220 retailers worldwide running ACI payment systems.

SEATTLE, Wash.  -- MOGO Design, a Seattle-based company that has developed a new and patented magnetic accessory line for tween girls, announced that it has signed a national distribution deal with Nordstrom. The deal will bring the MOGO charm line with more than 200 charms to all Nordstrom full-line store locations throughout the United States and is MOGO Design's large-scale debut into the fashion specialty retailer channel. MOGO is available in select locations now with the full roll-out to be complete by April 2011. 

Indianapolis -- MID Retail said Tuesday that Rue21 has selected its Advanced Allocation Software for Allocation and Store forecasting.

According to MID, its Advanced Allocation Software was designed to help multi-store, multi-SKU retailers increase accuracy, efficiency and profitability.