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Retail

  • Twin Peaks unveils new name, trio of major anchors

    Longmont, Colo. -- NewMark Merrill Mountain States named three new anchors for the redeveloped Twin Peaks Mall: Whole Foods Market, Regal Cinemas and Sam’s Club.

    The project, which is slated to open in 2014, also unveiled its new name – Village at the Peaks.

  • Blue Nile appoints board member

    Seattle -- Online jewelry retailer Blue Nile has appointed Mindy Meads to its board of directors. Meads previously served as co-CEO of Aeropostale and president and CEO of Victoria’s Secret, among other executive posts in a 35-year apparel retail career. She also serves on the board of Wet Seal.

  • Wegmans delays Massachusetts store opening

    New York – Wegmans is pushing back the scheduled opening of a new store in Newton, Mass., until spring 2014. The grocery retailer is citing construction delays and demands of other projects, such as the upcoming grand opening of a replacement store in Rochester, N.Y., this Sunday, for causing the later opening of the new suburban Boston location.

    Wegmans currently operates one store in Massachusetts, a 138,000-sq.-ft. facility in the town of Northborough.

     

  • Starbucks names Chiquita exec as executive VP, global supply chain

    Seattle -- Starbucks Coffee Co. has appointed Deverl Maserang as executive VP leading the company’s global supply chain organization, effective June 3. He will be accountable for end-to-end supply chain operations globally spanning manufacturing, engineering, procurement, distribution, planning, transportation, inventory management and worldwide sourcing.

    Maserang joins Starbucks from Chiquita Brands International, where he led the Global Value Chain for Chiquita and Fresh Express.

     

  • Cupcake Charlie’s opens at Patriot Place

    Foxborough, Mass. -- Gourmet cupcake bakery Cupcake Charlie’s will celebrate the opening of its fourth location on May 18, at Patriot Place in Foxborough, Mass.

    The growing business also has locations in Mashpee, Plymouth and Newport, R.I.
     

     

  • Douglas Development adds new retailers to downtown Washington, D.C.

    Washington, D.C. -- Douglas Development said that specialty candy store IT’SUGAR will join soft-serve yogurt shop FrozenYo and bar concept Jackpot Tavern in Chinatown, across from the Verizon Center and Gallery Place Metro Station, in Washington, D.C.

  • RadioShack expands DIY product assortment

    Fort Worth, Texas -- RadioShack is partnering with Maker Media to offer a line of exclusive DIY electronics products such as robotics, kits and tools. The cobranded product line, which includes items such as moldable plastic and youth robotic and remote control hobby kits, will be available in the fall.

    "DIY is part of RadioShack's DNA," said Dawn Callahan, VP of merchandising, RadioShack. "We're grateful to be part of a wonderfully loyal community of makers, and we listened when they told us how we can help bring their ideas to life."

  • Nordstrom Q1 profit and sales disappoint

    Seattle -- Nordstrom Inc. reported its first quarter net income fell a greater-than-expected 3%, hurt by weak demand for spring merchandise and softer performance in the Northeast and Midwest. The company also lowered its full-year sales forecast.

    The results were a rare miss for the upscale department store chain whose shoppers have proved resilient throughout the uncertain economy.

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