Retail

Framingham, Mass. – Staples, Inc. has completed the acquisition of Runa, a software company based in San Mateo, Calif., that helps online retailers increase sales by personalizing the shopping experience. Terms and conditions of the acquisition were not disclosed.

Pittsburgh -- GNC Holdings has acquired A1 Sports Limited, which operates under the Discount Supplements moniker. The company is the leading multi-brand sports nutrition e-commerce retailer in the United Kingdom. Terms of the deal, which was funded with cash on hand, were not disclosed.
 
Following the acquisition, GNC.com, LuckyVitamin.com and Discount-supplements.co.uk will continue to operate as separate businesses, each with its own product offerings and target customers.

Dallas — SRS Real Estate Partners www.srsre.com has opened the doors to a new office in Birmingham, Ala. The company has also brought in Martin Smith to serve as senior VP and co-market leader alongside Josh Burmeister.

A 13-year veteran of the commercial real estate industry, Smith specializes in landlord representation, tenant representation and investment sales. Prior to joining SRS, he spent seven years with Retail Specialists, where he was director of brokerage and project leasing.
 

Apparel, cosmetics and home furnishings retailer Dillard’s is offering a custom edition of the Southern Living Christmas Cookbook to benefit the Ronald McDonald House Charities. 

The exclusive, 288-page hardbound cookbook is filled with holiday recipes, color photos, menus, decorating tips and entertaining ideas and costs $10. It is available at all Dillard’s stores nationwide, as well as online. Proceeds from the sale of the cookbooks will benefit local Ronald McDonald Houses operated by RMHC Chapters in Dillard’s markets.

Lansing, Mich. — Mid-America Real Estate Corporation’s Investment Sales team has brokered the sale of a portion of the 313,000-sq.-ft. Edgewood Town Center in Lansing, Mich. Office Max and Dollar Tree anchor the center, while Target and Sam’s Club shadow anchor.

RCG Ventures LLC purchased the 86,000-sq.-ft. portion, whch excludes shadow anchors, for an undisclosed amount from Ramco-Gershenson Properties Trust. Mid-America represented Ramco-Gershenson.

Springfield, N.J. – Village Super Market reported net income of $6.2 million during fourth quarter 2013 and $25.8 million during the full fiscal year. These figures were respectively down 31% from $9 million and 18% from $31.4 million year-over-year.

The retailer cited the negative impact of higher expenses and lower gross profits as contributing to its drop in net income.

Beachwood, Ohio — DDR Corp. has announced the closing of its previously announce acquisition activity totaling $591 million. The acquisitions include a portfolio of seven prime power centers in a newly-formed joint venture with an affiliate of Blackstone Real Estate Partners VII L.P. for $332 million in August and two market dominant regional power centers in Orlando, Fla. and Atlanta, Ga., for an aggregate $259 million in July.

Los Angeles – The Coffee Bean & Tea Leaf has experienced significant lift across key social metrics such as local Facebook fans and impressions using the MomentFeed location-based marketing platform.