Consumer Electronics

Only two-thirds of Americans are all or almost finished with their holiday shopping as of Dec. 23. Of the 24 retailers surveyed by America’s Research Group and Inmar, only three retained 70% or more of their customer base, with Walmart topping the list at 88.1%, followed closely by Dollar Tree at 80.4%, and Target at 72.1%.

Los Angeles – Costco and Nordstrom were the number one and two ranked retailers in terms of their return policies, according to a new report from personal finance site GoBankingrates.com. Costco received kudos for having no time limit and full cash or check refunds, while Nordstrom got credit for having no formal return policy or time limit.

Columbus, Ohio — Glimcher Realty Trust has acquired Arbor Hills, an upscale, open-air center located in Ann Arbor, Mich., in the main corridor that connects downtown Ann Arbor and the University of Michigan’s main campus. The new center, which opened in August, features 85,000 sq. ft. of leasable space and is approximately 87% leased. Tenants include Anthropologie, Arhaus, lululemon athletica, Madewell and The North Face. The property is expected to average above $500 per square foot in sales.

RadioShack has opened its newest Manhattan location as a popup concept store at Penn Station. The limited-time-only location is the third RadioShack popup store to open in Manhattan.
 
In addition, RadioShack has opened a total of eight concept stores in the Manhattan area. The newest popup opened five days after construction began.

Moreno Valley, Calif. — Image, a junior fashion retailer, has re-opened at the Moreno Valley Mall in Moreno Valley, Calif., with a big brand new image. The new store has expanded to 10,000 sq. ft. and is located on the lower level between Crazy 8 and Sports Treasure, according to Spinoso Real Estate Group, the mall’s property manager.

Fort Worth, Texas -- RadioShack has opened its newest Manhattan location as a pop-up concept store at Penn Station. The limited-time-only location is the third RadioShack pop-up store to open in Manhattan.

In addition, RadioShack has opened a total of eight concept stores in the Manhattan area. The newest pop-up opened five days after construction began.

Big data discovery and data sharing firm 1010data, Inc., named former Oracle exec Richard Michalec as its AVP of retail strategy and strategic accounts.

Bedminster, N.J. — Liberty Travel has leased a 1,853-sq.-ft. space at The Hills Village Center in Bedminster, N.J., according to Levin Management, the exclusive leasing and managing agent for the property.

Relocation Realty represented Liberty Travel in the transaction. Liberty’s neighbors in the 109,800-sq.-ft. center include Kings Supermarket, CVS, Starbucks, Great Clips, Cold Stone Creamery, The UPS Store, GNC and Subway.