Retail

Beachwood, Ohio -- DDR Corp. announced an agreement to acquire a portfolio of prime power centers from its existing joint venture with Blackstone Real Estate Partners VII.  The acquisition is slated to close in fourth quarter 2013.
 
The joint venture between Blackstone and DDR currently owns 44 shopping centers, and DDR will acquire Blackstone's 95% common equity ownership interest in 30 of the shopping centers for $1.46 billion.

Pleasanton, Calif. -- Preliminary results from the Safeway annual stockholder’s meeting show that a majority of stockholders followed board of directors recommendations in electing each of the eight directors with a majority of at least 73%. Stockholders also approved the appointment of Deloitte & Touche LLP as Safeway’s independent accounting firm for fiscal 2013.

Fort Worth, Texas – RadioShack will start offering a tailored assortment of consumer electronics products in college stores operated by NACSCORP, a subsidiary of the National Association of College Stores, this fall. A five-year agreement will establish branded RadioShack sections within college stores that offer both branded and private label electronics products and accessories.

Through this arrangement, RadioShack will have direct access to customers of roughly 4,000 college stores around the country.

CINCINNATI — Vantiv is teaming up with NCR Corporation to offer small businesses innovative point-of-sale technology integrated with leading payments solutions. 

Under the multi-year agreement, the companies will focus on developing exclusive solutions and expanding their innovative technology platforms to deliver personalized customer experiences that help smaller merchants compete more effectively against larger competitors.

Kroger plans on putting food waste to good use with a clean energy production system that converts food that cannot be sold or donated into clean energy, which will help power its Ralphs/Food 4 Less distribution center in Compton, Calif.

Los Angeles -- The Kroger Co.  unveiled a clean energy production system that will convert food that can't be sold or donated into clean energy to help power its Ralphs/Food 4 Less distribution center in Compton, Calif.

RadioShack is courting the college market and has entered into a five-year agreement with NACSCORP, a subsidiary of the National Association of College Stores.

Under the agreement, the retailer will offer an assortment of consumer electronics and accessories to the nearly 4,000 college store customers NACSCORP currently serves.

SEATTLE — Blue Nile, an online retailer of diamonds and fine jewelry, has appointed former Aeropostale co-CEO Mindy Meads to its board of directors. 

Meads has 35 years of experience in the global apparel industry. She currently serves on two public boards — Wet Seal, a specialty teen brand, and Mela Sciences, a bio tech company. In these roles, she provides strategic counsel focused on growth and the use of multichannel business strategies.