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Retail

  • Fairway Markets plans New York store

    New York - Fairway Group Holdings Corp., the parent company of Fairway Market, is opening a 65,000-sq.-ft. store in Nanuet, N.Y., on Oct. 10.

    "We're excited to make our newest home at this premier shopping destination in Nanuet and are also very pleased to be creating more than 300 new jobs in the area," said Charles Santoro, Fairway Market's executive chairman.

  • Role Reversal

    JustFab blends fashion, commerce and technology in its first physical store

    JustFab, the fast-growing fashion subscription e-commerce brand, has joined the growing ranks of pure online players venturing into brick-and-mortar. The company made its retail debut in Glendale Galleria, Glendale, Calif., opening a 3,000-sq.-ft. flagship that combines digital and traditional retailing.

  • Sears Holdings borrows $1 billion

    Hoffman Estates, Ill. - Sears Holdings Corp. has borrowed $1 billion under a new a senior secured term loan facility under an existing credit agreement from April 2011. The existing credit agreement continues to provide for a $3.275 billion asset-based revolving credit facility.

    Last month, Sears said it would obtain the loan to help reduce how much money it borrowed under the existing credit facility. The new loan is due June 2018.

     

  • Spreading Good Vibes

    Feelgoodz leverages shipping solutions to deliver savings and customer service

    Feelgoodz Inc. likes to create a customer environment that is as carefree and comfortable as its signature merchandise: eco-friendly flip-flops.

    Although the company operates one store in Raleigh, N.C., its e-commerce site serves as its primary direct-to-consumer selling channel, meaning that smoothly functioning order fulfillment is of paramount importance to maintaining positive customer-service vibrations.

  • Ex-Walmart exec joins supply chain firm

    Former Walmart executive Mark Trowbridge has joined supply chain technology provider Park City Group as one of the firm’s senior advisors.

    Trowbridge spent 16 years at Walmart where he launched the Neighborhood Market store and a merchant leadership rogram to recruit and train buyers, according to a press release announcing his new role at Park City Group. He still lives in Bentonville. Trowbridge’s new responsibilities include developing business solutions, consulting and expanding efforts in the retail channel.

  • Wolverine opens first retail store

    New York -- Wolverine has opened its first permanent store, in New York City’s Nolita neighborhood.

    The store follows a successful pop-up the brand launched last fall. The brand; new location follows the successful New York pop-up venture in fall 2012, and will again offer a curated selection of goods that share Wolverine's commitment to quality, heritage and craftsmanship.

  • E-Commerce Impacts DCs

    Distribution centers are evolving to keep pace with demands of omnichannel retailing

    Distribution centers have evolved alongside trends such as just-in-time manufacturing and the rise of overnight shipping. Now they are changing again, this time to accommodate omnichannel consumers.

  • Divaris Sells Jiffy Lube Property for $1 million

    Rockville, Md. — Divaris Real Estate has announced the sale of a net-leased Jiffy Lube on East Joppa Road in Parkville, Md. The 1,936-sq.-ft. building was purchased for $1,065,000 with a cap rate of 10%. Divaris handled the sale on behalf of but the buyer, Jiffy Joppa, and the seller, DLS Exchange Corp.

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