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Retail

  • Phillips Edison REIT expands grocery-anchored portfolio

    Cincinnati - Phillips Edison Grocery Center REIT II Inc. has acquired two grocery-anchored shopping centers, expanding the company's portfolio in Colorado. Meadows on the Parkway is a 216,437-sq.-ft. grocery store-anchored shopping center in Boulder, Colorado, The center is anchored by Safeway and also features national tenants Subway, Regus, Great Clips, Michaels, Anytime Fitness and Fast Signs.

  • Publix offers biometric screenings

    Publix Pharmacy has announced that it is offering biometric screenings at the company’s more than 970 pharmacy locations.
  • Weitzman lands Sub Zero in Houston

    Houston - Sub Zero Ice Cream & Yogurt has leased 1,200-sq.-ft. of retail space in Vintage Marketplace, a Whole Foods-anchored shopping center, for its first Houston location. Jacob Grossman with The Weitzman Group handled negotiations as exclusive tenant representative for Sub Zero.

    At Vintage Marketplace, Sub Zero joins a line-up that includes, in addition to Whole Foods, concepts including Verts, Orangetheory Fitness, Mod Pizza, Supercuts and several others.

  • Ikea goes solar in St. Louis

    Conshohocken, Pa. – Ikea is taking a sunny approach to energy at its soon-to-open St. Louis store. The retailer has completed installation of solar panels atop its 380,000-sq.-ft. St. Louis store opening Sept. 30.

  • Jet rolling on $20 billion runway

    Boasting a proprietary dynamic pricing algorithm, the new online shopping club Jet.com officially launched on July 21 with plans to reach a lofty sales milestone faster than other retailer.

  • Vestar completes purchase of Nevada center

    Las Vegas – Privately held real estate company Vestar has completed a buyout of The District at Green Valley Ranch, in Henderson, Nevada. Vestar paid $120 million to its joint venture partner Rockwood Capital to take full ownership of the 37-acre, 384,107-sq.-ft. landmark retail property minutes from Las Vegas.

  • Marbles smartens store and site operations with Salsify

    Chicago – When a retailer includes the word “brain” right in its name, a certain level of operational intelligence is expected. For 30-plus-unit specialty educational toy and game retailer Marbles: The Brain Store, smartening up operations has included organizing product data on the Salsify product information management platform to provide merchandise intelligence across the organization.

  • Wolverine Worldwide to close 120 stores as profit dips 8.7%

    Wolverine Worldwide reported profit declines for the second quarter as the retailer shaved the number of stores it plans to close to 120.

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