Consumer Electronics

Joseph Coradino stepped up to the post of CEO at Pennsylvania Real Estate Investment Trust in June of 2012. At the time, he had been with PREIT and a predecessor company for three decades. Since 2004, he had served as president of PREIT Services and PREIT-RUBIN. He had been a Trustee since 2006.

Fort Worth, Texas – RadioShack Corp. has opened a new concept store in Detroit, and another in Philadelphia. All new concept stores in the company's portfolio feature an upgraded shopping experience, which showcases the company's new look, and incorporates interactive areas designed to help shoppers improve their technology profile.

Fort Worth, Texas – RadioShack has pulled out all the stops for its new hometown location in Sundance Square in downtown Fort Worth, Texas, opening a retro-styled store that speaks to the heritage of the brand and locale. Set to open Oct. 30, it will be the tenth RadioShack concept store to open nationwide, but the first to feature a custom design.

Pittsburgh — Golf Galaxy has announced the opening of two interactive retail locations. The new stores include the second Golf Galaxy in Missouri and the chain’s second location in Nevada.

A 32,000-sq.-ft. interactive store will open November 1 at the Chesterfield Commons in Chesterfield, Mo.

A 29,000-sq.-ft. interactive Golf Galaxy will open Nov. 1 in the Stephanie Street Power Center in Henderson, Nev.

As of Aug. 3, the retailer operated 81 Golf Galaxy stores in 30 states and e-commerce websites.

RadioShack is taking its new concept store to Philadelphia, Detroit and Fort Worth, but the specialty retailer is going retro for its hometown location in downtown Fort Worth’s Sundance Square.

The Philly location can be found in Bakers Square Shopping Center at 2920 Roberts Ave., and the Detroit location in Gateway Marketplace at 1347 W. Eight Mile. And set to open Oct. 30, the Fort Worth location will be the first new concept store to feature a custom design.

Dallas — SRS Real Estate Partners’ southeast investment sales team has closed five retail shopping center sales since August. The transactions total more than $60 million and over 575,000 sq. ft. of retail real estate. Here are the details:

Rakuten LinkShare saw strong third quarter results in its global performance marketing network. Along with double-digit growth, the affiliate network reported a significant increase in the percentage of sales transacted on mobile devices.

The company reported an increase in same store sales in the U.S. of 22% year-over-year, and an increase in same store sales in the U.K. of 34% year-over-year.

New York -- Fountain Capital and Cheney & Mathes Properties have announced through their partnership, Fountain Mathes I, that they have acquired a 450,000-sq.-ft. portfolio of retail shopping centers with 16 properties in 10 states. Each center is shadow-anchored by Wal-Mart projects.

The centers largely contain national credit tenants such as AT&T, Cato, Dollar Tree, GameStop, Hibbett Sports, Payless and Shoe Show. The portfolio is 95% occupied.