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  • 99 Cents Stores names Wal-Mart grocery VP as merchandising head

    City of Commerce, Calif. - 99 Cents Only Stores LLC has named Jack L. Sinclair as chief merchandising officer. Sinclair will be responsible for merchandising and marketing functions.

  • Southeastern Grocers sells 29 stores to K-VA-T

    Regional grocery chain Southeastern Grocers has agreed to sell 29 BI-LO stores to another regional grocery chain: K-VA-T Food Stores.

    K-VA-T says it intends to continue to operate all of these stores under the Food City banner and hire the vast majority of their store associates, retaining their years of service.

  • A&P store sell-off begins

    Quincy, Mass. – The sell-off of stores from the newly bankrupt Great Atlantic and Pacific Tea Co. (A&P) has begun. The Stop & Shop Supermarket Co. LLC has entered into an agreement with A&P to acquire 25 A&P stores in greater New York for $146 million.

  • Mid-America brokers shopping center sale in greater Minneapolis

    Lakeville, Minn. - Mid-America Real Estate Corp.’s investment sales team recently brokered the sale of Heritage Commons in Lakeville, Minnesota (part of the Minneapolis metropolitan statistical area) to Austin, Texas-based Epic Real Estate Partners. Epic purchased the 138,690-sq.-ft. grocery-anchored neighborhood center.

    Heritage Commons is anchored by Cub Foods and is complemented by national and local tenants including Subway, Papa Murphy’s, Great Clips and American Dental.

  • Francesca’s names Limited veteran to board

    Houston – Francesca’ Holdings Corp. has appointed Martyn Redgrave as a member of the board of directors. Redgrave served as Limited Brands' executive VP and chief administration officer from March 2005 to August 2012 and also served as CFO from January 2006 to May 2007.

  • Francesca's adds Limited veteran

    Francesca's is adding a retail industry veteran to its board.

    The retailer has appointed Martyn Redgrave as a member of the board of directors. The appointment is effective immediately. Redgrave will serve on the audit committee and the nominating and corporate governance committee.

  • Cullinan Properties purchases site in Illinois

    Peoria, Ill. - Cullinan Properties has acquired an approximately 264-acre site located at the northeast intersection of interstates 55 and 80 in Joliet, Illinois. The property was purchased from O & S Holdings, LLC who acquired the property in 2008, and originally entered into an agreement to develop a project known as Bridge Street Town Center.

    However, with the sale of the property, O & S Holdings has terminated the original development agreement. “

  • Dunkin’ Donuts expands in Virginia and West Virginia

    Canton, Mass. – Dunkin’ Donuts is making a big expansion effort in the mid-Atlantic area.

    The coffee chain has signed multi-unit store development agreements with seven franchise groups to develop 51 new restaurants in Virginia and West Virginia during the next several years.

    The seven franchise groups and their development plans include:

  • Marketing executive joins Nordstrom board

    Seattle - Nordstrom Inc. has appointed Tanya Domier, CEO of Advantage Sales & Marketing LLC (ASM) to the company's board of directors. Her addition brings the total number of directors to 14 and the number of independent directors to 11.

  • Nordstrom Rack coming to Hawaii development

    Seattle – Nordstrom Inc. plans to open Nordstrom Rack at Waikiki Trade Center in Honolulu, Hawaii. The approximately 34,000-sq.-ft., two-level store is scheduled to open in spring 2016.

    The property was acquired by Coastwood Capital Group, LLC in late 2013.

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