Retail

Dallas -- X Team International partner Venture Commercial Real Estate has completed leases for two LA Fitness locations in Austin and McKinney, Texas.
 
"As LA Fitness continues to expand its footprint into North and Central Texas, our focus remains on identifying prime locations that will both meet the club's needs and generate increased foot traffic," said Venture Commercial Partner John Zikos.   
    

Woonsocket, R.I. — CVS Caremark said Monday that it has agreed to buy the assets of Miami-based Navarro Discount Pharmacy, the largest Hispanic-owned drug store chain in the U.S. The transaction includes Navarro's 33 retail drugstore locations and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases.

Sears and Kmart recently announced they will allow pickup of Sears.com or Kmart.com orders at any of each other's more than 2,000 U.S. stores. Customers will be able to select free store pickup and a preferred pickup location for specially marked online items. The retailers are even taking the digitally progressive step of offering online video instruction through the YouTube channel for members of the Sears/Kmart Shop Your Way omnichannel loyalty program.

It is one of the smaller acquisitions CVS Caremark has done, but the purchase of the 33-unit Miami-based Navarro Discount Pharmacy could have big implications.

CVS Caremark late Monday said it reached an agreement with Navarro, the largest Hispanic owned drugstore chain in the U.S., to acquire 33 stores and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases. CVS Caremark operates more than 7,600 stores, but said it will continue operating the acquired units under the Navarro banner.

New Albany, Ohio - Abercrombie & Fitch Co. has initiated a process to refinance $500 million in existing credit facilities to two new facilities worth a total of $750 million. Proceeds are expected to be used to pay off a remaining $131.5 million balance and outstanding borrowings of $60 million related to existing credit facilities, and to pay related fees and expenses associated with the transaction.  

Unified Grocers has promoted Terry Bodwin to VP, chief human resources officer. She was previously VP, employee and labor relations.

The appointment is part of a restructure designed to integrate and align all aspects of human resources company-wide. In her new role, Bodwin will report to Christine Neal, SVP, finance and treasurer.

Atlanta - The Home Depot is collaborating with 3-D printer manufacturer MakerBot to start selling MakerBot Replicator desktop 3-D printers online and in 12 Home Depot stores in California, Illinois and New York, beginning July 14. This is the first time Home Depot has offered 3-D printers for sale in its stores and will be a pilot program for MakerBot and Home Depot.

The 3-D printer movement got a boost months ago when Home Depot began offering 3-D printers and scanners for sale through its website.

Now the world’s largest home improvement retailer is bringing the products to shelves in select markets. Home Depot is introducing MakerBot 3-D printers and scanners in select stores in Chicago, New York City, Los Angeles and San Francisco.

On the retailer’s website, a fifth-generation MakerBot Replicator Desktop 3-D Printer sells for $2,899. A MakerBot Digitizer Desktop 3D Scanner is priced at $799.