Retail

Dallas -- SRS Real Estate Partners announced the hiring of Scott Landgraf as senior VP in the company’s Newport Beach, Calif., office.

Prior to joining SRS, Landgraf was senior VP at Colliers International.

Landgraf specializes in retail tenant representation and investment sales throughout southern California and the Inland Empire.
 

South Bend, Ind. -- Indianapolis-based Kite Realty Group said that Biggby Coffee has leased space at Eddy Street Commons at Notre Dame, located South Bend, Ind.

The coffee retailer leased 1,501 sq. ft. for its first Indiana location and will open spring 2012.

Eddy Street Commons is a mixed-use development located adjacent to the University of Notre Dame campus and featuring 90,000 sq. ft. of retail space, 266 apartments, 49 condos, 20 courtyard townhomes, 60 flats, 62 city homes and 82,000 sq. ft. of office space.
 

Granada Hills, Calif. -- Jacksonville, Fla.-based Regency Centers said that it has leased 7,083 sq. ft. of retail space in Granada Hills, Calif., among three new tenants at Granada Village.

Carter’s leased 3,866 sq. ft., and hair salon Fantastic Sams leased 1,217 sq. ft.  Both are slated to open for business in March 2012. Opening in second quarter 2012, Freebirds World Burrito has leased 2,000 sq. ft. of restaurant space.

WASHINGTON — AAA forecasts 91.9 million Americans will travel 50 miles or more from home during the 2011-2012 year-end holiday travel season, a 1.4% increase over the 90.7 million people who traveled one year ago, the travel organization announced earlier this week. This year’s expected year-end holiday travel volume is the second-highest in the past decade and represents 30% of the total U.S. population.

Alameda, Calif. -- Japanese discounter Daiso has opened its eleventh Bay Area location – a pop-up store – at Alameda South Shore Center, a shopping center owned by Jamestown.

The new 1,400-sq.-ft. shop will open for an initial period of three months.

Oak Brook, Ill. -- Inland Western Retail Real Estate Trust has announced the acquisition of Alamo Ranch in a joint venture with RioCan Real Estate Investment Trust. The 469,031-sq.-ft. shopping center is located in San Antonio, Texas, and was purchased for approximately $92.2 million.

Yes, you read that correctly. Walmart will need to hire an estimated 4.3 million people over the course of the next five years to keep pace with anticipated growth and turnover. No wonder the company is such a big supporter of an organization known as Students in Free Enterprise (SIFE), which held its Global Partner Summit in Rogers, Ark. earlier this week.

Montreal -- A survey released Friday by e-commerce visitor feedback analytics firm iPerceptions found that, despite online retail sales being up, online retailers are missing out on revenue opportunities.

Third quarter 2011 Retail Ecommerce industry report showed that, while U.S. retail sales estimates show online retail spending rose 13% year-over-year to $36.3 billion for the quarter, task completion fell significantly for visitors at nearly every stage of the retail purchase cycle.