Consumer Electronics

Hhgregg EVP and chief operating officer Gregg W. Throgmartin has resigned his position and spot on the company’s board of directors, effective March 31. Throgmartin is leaving to pursue outside interests and manage family businesses, the company said.

Aston, Pa. -- Hastings Entertainment, a 136-unit multimedia entertainment retail chain, has signed an agreement for Actions Services Group to provide interior lighting maintenance to locations in the states of Arizona, Arkansas, Colorado, Montana, New Mexico, Oklahoma, Texas and Wyoming.

New York — Crunch Fitness has opened a 20,000-sq.-ft. location at the Moreno Valley Mall in Moreno Valley, Calif. Crunch Fitness’s neighbors include Harkins Theatres, Round 1, Victoria’s Secret, Zales, Aeropostale, Express, Footlocker, Forever 21, Hollister, The Children’s Place and New York & Co.

Macy’s, J.C. Penney and Sears anchor the center.

By David Weinberger, CBX

Plano, Texas – Rent-A-Center has opened its newest locations in Panorama City, Calif., and Corinth, Miss. Rent-A-Center operates 162 stores in California and 37 stores in Mississippi.

The retailer also operates more than 3,000 stores in the U.S., Puerto Rico, Canada and Mexico. It employs more than 21,000 workers.

Burlington, Mass. — The investment sales team at KeyPoint Partners has completed the sale of eight properties throughout New England. Totaling about 440,000 sq. ft., the properties consist of shopping centers, mixed-use and single-tenant buildings in Massachusetts, Rhode Island, New Hampshire and Connecticut. The aggregate price of the properties was in excess of $30 million. The properties include:

• Shaw’s Plaza, a 121,660-sq.-ft. shopping center in Providence, R.I.

Tractor Supply Company has elected Mark J. Weikel to the company's board of directors. Weikel currently serves as president and CEO of Luxottica Retail Optical North America.

Prior to his various positions at Luxottica, Weikel served as COO of Lord & Taylor. Before Lord & Taylor, Weikel was president & COO of Victoria's Secret Stores at Limited Brands. Earlier in his career, Weikel held several management positions at the May Department Stores Company.

Portland, Ore. — Cypress Equities, the management company for Lloyd Center in Portland, Ore., has announced that the Center’s owners intend to purchase the 130,000-sq.-ft. building currently owned and occupied by Nordstrom. The acquisition is part of the center’s recently announced renovation plans.

Plans call for the building to change hands in January of 2015. Nordstrom has notified its employees that the store will close.