Retail

Columbus, Ohio -- Easton Town Center co-developers have announced that they will add eight new tenants to the development by August. The new tenants include:

Cleveland – The Federal Competition Commission of Mexico has voted not to authorize Sherwin Williams’ November 2012 acquisition of Mexico City-based home improvement retailer and paint producer Consorcio Comex, S.A. de C.V. Sherwin-Williams is reviewing the rationale for the commission's decision and says it expects to respond to the Commission's concerns in the near future.

Another sign of further improvement in the nation’s housing market were results from leading paints manufacturer and retailer Sherwin-Williams, whose net sales for the quarter ended June 30 were $2.71 billion, up 5.5% from the same quarter last year. 

Net sales in the Paint Stores Group increased 8% to $1.61 billion. The company's total net income for the quarter was $257.3 million, up 12.9% from the second quarter of 2013.

Warrendale, Pa. -- Rue21 is partnering with Sony Pictures Entertainment to promote the release of "The Mortal Instruments: City of Bones.” The promotion awards a winner with two tickets to the Hollywood movie premiere; three additional winners receive movie prize packs.

In addition, Rue21 is hosting two legs of Sony Pictures' 10-market mall tour where fans can see the stars of the film, Lily Collins and Jamie Campbell Bower. Rue21 is hosting the events at the Chicago Ridge Mall (Chicago) and Franklin Mills Mall (Philadelphia).

Pleasanton, Calif. – Safeway reported a substantial decline in net income for the second quarter of fiscal 2013 as well as a drop in sales. Adjusted net income for the quarter was $8.4 million, compared to $122.7 million in the same quarter a year earlier. However, after adjusting for various legal expenses and loss from discontinued operations, net income for the quarter would have been $125.1 million.

Walter Loeb has been a part of the retail industry longer than many of the retail executives running Walmart have been alive. And he, like many retail analysts who follow the company, have marveled at its accomplishments over the years.

However, that wasn’t the case earlier this week when Loeb let Walmart have it over what he regarded as deplorable store standards.

City of Commerce, Calif. – 99 Cents Only Stores is opening new stores in Santa Fe Springs, Calif. and Kingman, Ariz. on July 25. Both will be the first 99 Cents Only stores in those municipalities.

The retailer will be offering special 99-cent deals on items such as flat-screen TVs and scooters to the first customers in line on opening day.

The Global Market Development Center has appointed Jason Weber as its new member services manager and Joshua Manweiler as its new communications specialist as part of its strategy to enhance membership services.