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  • Tile Shop enters Connecticut with two stores

    Minneapolis -- The Tile Shop, a specialty retailer of high quality, premium manufactured and natural stone tiles, has opened its first retail locations in Connecticut, 15,120-sq.-ft. location in Brookfield, and a 20,740-sq.-ft. location in Norwalk.

  • GE leverages four-legged mascot to entice Millennials

    GE has launched a sweepstakes featuring its Dalmatian mascot, Artie, giving participants a chance to win a GE Artistry Series suite. The sweepstakes, which ends Tuesday, Jan. 7, is hosted on the manufacturer’s website and is designed to introduce Millennials to the brand.

  • Cole acquires Bowling Green’s Shoppes on South Main

    Oakbrook Terrace, Ill. — Cole Real Estate Investments has acquired The Shoppes on South Main in Bowling Green, Ohio, according to Mid-America Real Estate Corp.’s (www.midamericagrp.com) investment sales team, the firm that brokered the transaction on behalf of the seller, Chase Properties.

    The 110,769-sq.-ft. shopping center features anchor tenants T.J. Maxx, Staples, Petco and Dollar General. Home Depot and a Wal-Mart Supercenter shadow anchor the center.

     

     

  • Tile Shop opens third Boston-area store

    Plymouth, Minn. – The Tile Shop is launching its third retail store in the Boston metropolitan area. The new 15,805-sq.-ft. store will be located in the Worcester suburb of Shrewsbury, Mass.

    The new store will join The Tile Shop’s other Boston area stores in Natick and Avon, Mass.

  • comScore: Desktop holiday spending up, final week down

    Reston, Va. -- Holiday season U.S. retail e-commerce spending from desktop computers for the first 52 days of the November-December 2013 holiday season totaled $42.8 billion, an increase of 10% from the same period one year ago. However, new comScore data shows that the final online shopping week saw considerably softer sales than anticipated, including zero billion dollar spending days.

  • Cleveland-area center sells for $17.79 million

    North Olmsted, Ohio — Marcus & Millichap Real Estate Investment Services has arranged the sale of North Olmsted Towne Center, a 95,446-sq.-ft. shopping center in North Olmsted, Ohio, approximately 17 miles southwest of Cleveland. The selling price was $17.79 million, $186 per square foot.

    Towne Center tenants include David’s Bridal, The Tile Shop, Jimmy John’s, La-Z-Boy, Men’s Wearhouse, Moe’s Southwest Grill, Party City and Pearle Vision.

  • Lifetime Brands elevates two execs

    Bob Varakian and and Stephen Spitz were appointed to new roles at leading kitchenware and tabletop manufacturer Lifetime Brands.

    The company said Bob Varakian will serve as group president over its cutlery/cutting boards and cookware/bakeware divisions effective January 6. He will report to Lifetime chairman and CEO Jeffrey Siegel. The company also named Stephen Spitz to the role of president for the cutlery/cutting boards division and he will report to Varakian.

  • Flooring products manufacturer launches retail franchise division

    Avon, Mass. – SelecTech, Inc., a provider of flooring products made from recycled materials, is launching a retail/franchise division. Based out of the company’s corporate headquarters in Avon, Mass., the new division will feature customer service and marketing representatives specifically dedicated to retail and franchise customers with multiple locations.

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