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Retail

  • Mars unveils video to help retailers boost chocolate sales

    Mars Chocolate North America has introduced a new set of planning tools to help retailers develop their marketing strategies and build chocolate sales.

    The new resources include the 2014 Moments Calendar Video, year-long display programs, a convenience channel 2014 Planning Toolkit, a revamped Mars24seven.com and the Performance Plus Rewards Program.

  • Mansour Group completes sale of Houston LA Fitness

    Houston — The Mansour Group has completed the sale of an LA Fitness in Houston for $12 million. The 45,000-sq.-ft. facility is located in Houston’s Memorial Area, the wealthiest neighborhood in the city and the sixth wealthiest zip code in the state.

    Mansour www.themansourgroup.com marketed the property on behalf of the seller, a national REIT. The buyer was another institutional REIT.

     

  • Advance Auto Parts to acquire rival General Parts for $2.04 billion

    Roanoke, Va. -- Advance Auto Parts will acquire General Parts International, a privately held parts maker. The all-cash deal has an enterprise value of $2.04 billion.

    Based in Raleigh, N.C., General Parts, which owns the Carquest brand, has 1,246 company operated stores in North America. It also operates 1,418 independently owned Carquest locations primarily in the United States and Canada.

  • Aptaris names VP technology

    Tampa, Fla. – Marketing enterprise management systems provider Aptaris has named Bill Morrell as VP technology. Morrell previously held IT executive positions at companies including BabyAge.com and Destination Maternity, as well as consulting roles with clients including Cadbury Adams, Nascar and DME.

  • Former Secretary of Defense Panetta to keynote 2014 NACDS annual meeting

    The National Association of Chain Drug Stores (NACDS) has announced that former Secretary of Defense Leon Panetta will be a keynote speaker at the 2014 NACDS annual meeting, which will be held April 26-29 in Scottsdale, Ariz.

  • Family Dollar opens DC in Utah

    St. George, Utah -- Family Dollar on Wednesday the grand opening of its 11th distribution center, in St. George, Utah.
     
    “Opening our 11th distribution center is an important milestone for us,” said Howard Levine, Family Dollar’s chairman and CEO. “This facility is ideally located to support our growth in the West, helping us keep our stores well-stocked as we continue to provide customers in this region with great value and convenience.”

  • Report: Kenyan retailer decides against Wal-Mart sale

    Bentonville, Ark. – Kenyan retailer Naivas reportedly will not sell a controlling interest in the company to Wal-Mart’s South African subsidiary Massmart. According to Reuters, a Naivas executive said the retailer no longer plans to sell 50% plus one share of its stock to Massmart.

  • Uniqlo heads to Manhattan subway station with pop-up store

    Uniqlo has opened a pop-up store in the 14th Street-Union Square subway station in Manhattan, and is incentivizing holiday shoppers by offering them a $5 Metro Card in a limited-edition sleeve with any purchase. The pop-shop will be open through the holidays.

    “This shop fits perfectly with our strong belief in the fundamental power of clothing to improve people’s lives, and our hope is that it will provide people with comfort and warmth during the winter season,” said Larry Meyer, COO of Uniqlo USA.
     

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