Retail

Dallas -- Venture Commercial said that Party City Corp. has signed three leases in Texas and Oklahoma, with plans to open new stores in Dallas; Edinburg, Texas; and Tulsa, Okla., ranging in size from 12,000 sq. ft. to 12,635 sq. ft.

The Dallas store is in Wheatland Towne Crossing, a Target-anchored shopping center. The Edinburg store is located in The Shoppes at Rio Grande Valley, and the Tulsa store is in the Mingo Marketplace Shopping Center.
 

Here we go again. Every so often the media gets a hint that Wal-Mart Stores is looking to expand into Russia and the speculation begins. The latest report from Reuters claims that the retailer still sees opportunity in the country as it looks to possibly by the X5 chain. X5, however, is denying reports that it is in talks with Walmart. Whether a purchase in Russia will happen anytime soon remains to be seen, but anything regarding the biggest retailer and one of the biggest markets will continue to garner attention.

Lancaster, Pa. -- One of the supermarket chains operated by Netherlands-based Royal Ahold has installed rooftop solar panels at two of its stores.

Carlisle, Pa.-based Giant Food Stores — also known as Giant-Carlisle to distinguish it from Landover, Md.-based Giant Food, also owned by Ahold — said it had installed solar photovoltaic systems at stores in Lancaster and Pottstown, Pa.

Ahead of Walmart's fourth-quarter sales and earnings report on Feb. 21, analysts have high expectations for the company. Reuters reported that nalysts on average expect to see the company's best U.S. sales performance in more than two years, and anticipate that Walmart's store traffic will improve.

To see more about what Reuters had to say, click here.

Hoffman Estates, Ill. -- A spokesman for Sears Holdings Corp. said that the owner of Sears and Kmart stores is cutting 100 jobs at its headquarters in Hoffman Estates, Ill.

According to Chris Brathwaite, Sears spokesman, the cuts cover a range of positions. The terminated employees were notified Thursday. 

The retailer has not said whether additional cuts are planned.
 

Pittsburgh -- GNC Holdings reported Thursday that net income for the fourth quarter rose to $37.7 million, compared with $18.8 million a year earlier.

Revenue increased 17% to $509.6 million in the quarter; domestic same-store sales rose 12.1%.

In 2012, GNC plans to open approximately 125 net new domestic retail locations, 15 net new domestic franchise locations, 150 net new international franchise locations, and 50 net new GNC-Rite Aid store-within-a-store locations.

New York City -- Dallas-based SRS Real Estate Partners said that Blink Fitness has leased 15,830 sq. ft. at 800 St. Anns Avenue in Bronx, N.Y.

The new store is scheduled to open in second quarter 2012.

EDISON, N.J. — Bestselling author and daytime host Rachael Ray has launched a new line of seasoning grinders.

Rachael Ray Seasoning Grinders are available in 10 varieties in generous-sized bottles, ranging from single ingredients such as Pink Himalyan Salt to blends of nine to 12 spices, including Rockin’ Rainbow Peppercorn Blend, 24/7 Seasoning (everyday/all-purpose), Spice-it-Up Chili Seasoning, Buon Appetito Italian Seasoning, Bump Up Your Burger Seasoning, Seafood Seasoning, and Perfect Poultry Seasoning.