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Retail

  • Madison Marquette to lease retail space for Dilworth Plaza

    Philadelphia -- Philadelphia’s Center City District, a private-sector sponsored business improvement district, announced on Friday that it has retained Madison Marquette Retail Services to lease the retail space for Dilworth Plaza.

    As part of a major transformation of Dilworth Plaza, premium retail space for the operation of a café concept is available, encompassing 600 sq. ft. with indoor and outdoor seating that can accommodate 60.

  • Research: American Express and USAA tops in credit card customer experience

    Waban, Mass. -- Research results released Monday by Temkin revealed that, based on a study of 10,000 U.S consumers, American Express and USAA earned the top spots in the credit card sector.

    According to the 2013 Temkin Experience Ratings, HSBC was the lowest rated credit card issuer for the third consecutive year.

    "USAA and American Express set the pace for customer experience in credit cards while HSBC is a real black sheep in the industry," said Bruce Temkin, managing partner, Temkin Group.

  • Family Dollar names merchandise operations exec

    Matthews, N.C. -- Family Dollar Stores, announced that it has named Jeffrey Thomas senior VP-merchandise operations. He replaces Scott Zucker, who left the company at the end of May.

    Thomas joined Family Dollar in 2003 as a director of vendor performance. He went on to assume roles with increasing responsibilities, and in 2013, was named VP-merchant services.

  • CVS/pharmacy launches new iPad app

    Woonsocket, R.I. -- CVS/pharmacy announced Monday the launch of a first-of-its-kind interactive iPad app, delivering a virtual 3-D digital drugstore experience for Apple iPad users.

    With the new app, CVS customers can explore a virtual 3-D CVS/pharmacy and access services from the pharmacy, ExtraCare, photo center and MinuteClinic, as well as browse departments to shop.

  • Dollar General Q4 earnings rise; 635 stores on tap for fiscal 2013

    Goodlettsville, Tenn. -- Dollar General reported Monday net income of $317 million for the quarter ended Feb. 1, compared with $293 million in the year-ago period, beating Wall Street expectations. The company also forecasted 2013 sales growth of 10%-12%, slightly below analysts’ views.

    Revenue edged up 0.5% to $4.21 billion in the quarter, missing Wall Street’s expected $4.26 billion. Same-store sales rose 3%.

    For the full year, profit grew to $953 million from $767 million, and revenue rose 8.2% to $16.02 billion.

  • Limited Brands temporarily changes name to L Brands

    New York -- A Monday report by Reuters said that Limited Brands has temporarily changed its name to L Brands Inc. The report cited a Friday regulatory filing.

    The operator of Victoria's Secret and Henri Bendel is implementing a pre-planned transition process that was required after the 2010 sale of Limited Stores, LLC.

    The company is expected to announce a new permanent name in the coming months.

  • Wayside to see new tenant openings as part of revitalization

    Boston -- The Wilder Cos. announced that Ethan Allen and Starbucks, along with Potbelly Sandwich Shop, will open at Wilder’s Wayside property in Boston – all part of a multi-phase revitalization project.

  • Bruegger's Bagels to open at Westwind Plaza

    Minnetonka, Minn. -- Brixmor Property Group has announced a 2,108-sq.-ft. lease with Bruegger's Bagels at Westwind Plaza, located in Minnetonka, Minn.

    Brixmor, based in New York City, is the owner of Westwind Plaza.
     

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