Retail

New York --- Brookshire Brothers, based in Lufkin, Texas, has entered into an agreement to David's Supermarkets, a 25-store chain based in North Central Texas. Terms were not disclosed.

"We feel like these family-owned stores align with our core value that we are a celebration of family and community," stated Jerry Johnson, president and CEO of Brookshire Brothers. 

Brookshire Brothers operates 123 outlets including grocery stores, convenience stores, free standing pharmacy, tobacco and petro locations.

As always, the NRF Conference & Exposition went by in a blur, but looking back on three jam-packed days of industry insight and networking, a few trends kept coming up again and again. Seamless retail, full mobilization of customers and employees, and item-level RFID tagging stood out as topics of interest among exhibitors and attendees. Following are a few thoughts about each of these trends that will help shape the direction of retail in the year ahead.

Seamless Retailing – Moving Beyond Omni-channel

Tucson, Ariz. — Lee & Associates Arizona has negotiated the $24.8 million sale of the River Center, a 117,563-sq.-ft. shopping center anchored by Whole Foods and Petco. Located on East River Road in the Catalina Foothills of northeastern Tucson, the center posted a cap rate of 5.5%.

Lee & Associates Arizona represented the buyer, Global Retail Investors LLC, a subsidiary of First Washington Realty of Bethesda, Md., and the seller, River Center Canada.

River Center was constructed in 1986 and remodeled in 1997 and 2013.

City of Commerce, Calif. — 99¢ Only Stores will open a new 20,000-sq.-ft. Las Vegas location on Jan. 23. The new store will feature a perishable food department, with produce, dairy and frozen foods.

The new store will kick off its grand opening celebration by selling Westinghouse 40-in. flat-screen TVs for only 99 cents to the first nine customers in line. In addition, anyone in line by 7:45 a.m. will receive a raffle ticket for a chance to win the tenth Westinghouse 40-in. flat-screen TV.

Stater Bros. Markets, has promoted John Ciraulo to the position of VP of the meat division. He replaces Kevin Schubert, who will retire in March after 39 years of service.  

Ciraulo has been at Stater Bros. for 28 years and has progressed through a range of both retail and marketing positions. In his new position, he will oversee the marketing and retail operations of the company's meat and seafood divisions.

Ciraulo will report to EVP of marketing Dennis McIntyre.

Framingham, Mass. – Unions representing employees of the U.S. Postal Service are reportedly threatening protests in response to the opening of new Postal Service retail centers in dozens of Staples stores. The unions say that the centers, which are staffed by Staples employees, unfairly replace unionized workers with lower-paid, non-union Staples workers and may lead to expansion of the centers to more Staples stores, affecting union jobs at nearby post offices.

Hampstead, Md. – The board of directors of Jos. A. Bank Clothiers, Inc. has officially rejected an unsolicited buyout offer from The Men’s Wearhouse. The offer, which expires March 28, 2014, is worth $57.50 per share, or about $1.6 billion.

Jos. A. Bank called the offer “inadequate and opportunistic” in announcing its rejection.

Hhgregg is offering online ordering with in-store pickup for Apple products, including iPhone, iPad and iPod models and Apple TV devices.

The move comes just a couple of weeks following the retailer’s preliminary third-quarter results which revealed poor performance in the consumer electronics and wireless categories and were below the company’s expectations.