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Retail

  • Albertsons and Safeway name post-merger leadership team

    Boise, Idaho - Albertsons and Safeway Inc. announced the new senior leadership team and division leaders  for the combined company that will take effect upon the closing of their proposed merger. The deal is expected to close in a few months.

    Safeway president and CEO Robert Edwards will serve as CEO of the combined company and current Albertsons CEO Bob Miller will become executive chairman.

  • Look Cinemas to Join CityLine as Entertainment Anchor

    Richardson, Texas -- KDC announced it has agreed to sell land to Look Cinemas to build a 60,000-sq.-ft. upscale dining and movie theatre complex at CityLine, the company’s 186-acre mixed-use project in Richardson, Texas.

  • Check out L'Oréal’s 2014 NEXT Generation Award winners

    L'Oréal USA Women in Digital, a program that recruits, supports and promotes female entrepreneurs in technology, has announced the three new companies that have been selected as winners of its 2014 NEXT Generation Awards.

    The winners — GLAMSQUAD, Jibo and Shareablee — were honored Thursday evening at an event in New York City hosted by athlete, fashion pioneer, actress and L'Oreal Paris spokeswoman Aimee Mullins, to celebrate both established and up-and-coming female leaders in technology.

  • dd's Discounts to open new Store in Clovis, California

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in the California Central Valley on Sept. 27. The store is located in the Shaw Village Shopping Center in Clovis.  

    Including this new location, dd’s Discounts will operate approximately 150 locations in 13 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

     

  • C-store in a box looks to expand

    Shop24 gives new meaning to the phrase “small format” and recently named a new vp of marketing and business development to help grow its footprint.

  • Home Depot puts breach costs at $62 million; 56 million cards at risk

    Atlanta -- Home Depot Inc. confirmed that some 56 million payment cards were likely compromised in its five-month data breach, making it the largest known breach of a retail company’s computer network to date. By comparison, the widely publicized breach at Target last December affected 40 million credit and debit cards.

  • Fashion Outlets of Niagara Falls USA expansion set to open

    Niagara Falls, N.Y. -- Macerich announced that its outlet property Fashion Outlets of Niagara Falls USA will open the doors of its planned expansion on Oct. 23. The new expansion delivers nearly 175,000 sq. ft. and opens with 35 new tenants, and more to come in 2015.

  • Sweden’s Klarna expands into U.S. payments market; names management team

    Stockholm -- The U.S. payments market is getting a new player: Klarna, a Swedish e-commerce company focused on simplifying buying, plans to expand to the U.S. market in early 2015. The nine-year old company has an impressive track record in Europe that includes more than 25 million users and 45,000 retailers including Asos, Spotify and Zara.

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