Consumer Electronics

Fort Worth, Texas – RadioShack has opened its first new concept store in the Boston area. The store is located in the Porter Square neighborhood of Cambridge, Mass.

Atlanta -- RadioShack and Citi Retail Services announced a long-term agreement to extend their 28-year consumer credit relationship. Under the agreement, Citi will continue to provide service-enhancing solutions and analytics in support of RadioShack’s targets for growth. RadioShack customers will continue to enjoy comprehensive financing programs and top-tier customer service.

Oakbrook Terrace, Ill. — Mid-America Asset Management has announced three new retail leases in Chicago’s northwestern suburbs. Mid-America represented the landlord in each transaction.

Charles Schwab signed a lease for 4,339 sq. ft. at Shops of Uptown in Park Ridge, a northwestern suburb of Chicago. The store is expected to open next spring. The 70,800-sq.-ft. center features Trader Joe’s, Houlihan’s and Jason’s Deli. Colliers International represented the tenant.

New York -- Royal Properties has announced three lease signings in Orange County, N.Y. — two with Miracle Ear and one with Tiger Schulmann’s Mixed Martial Arts.

Miracle Ear has signed a seven-year lease with a five-year option for 1,500 sq. ft. at Wallkill Plaza in Middletown. Royal Properties and Rand Commercial Services were the brokers in the transaction. Wallkill’s co-tenants include Big Lots, Ashley Furniture, Hobby Lobby, Papa John’s, Texas Roadhouse and Boston Market.

RadioShack has extended its long-term agreement with Citi Retail Services. Under the agreement, Citi will continue to provide service-enhancing solutions and analytics in support of RadioShack’s targets for growth.

Centreville, Va. — Sleepy’s The Mattress Professionals has opened a 6,700-sq.-ft. store in Centreville Square II on Lee Highway in Centreville, Va.

A.J. Dwoskin represented the landlord in the lease negotiations. Centreville Square II is a 200,366-sq.-ft. neighborhood center. Current tenants include Party Depot, Five Guys, Wells Fargo, Hair Cuttery and The UPS Store.

The NPD Group has released the results of its holiday spending survey, the 12th annual survey of consumers’ holiday spending intentions. According to the report, the majority of consumers intend to spend the same as or more than last year, with fewer saying they plan to spend less.

This year’s results found that 12% of U.S. consumers who were surveyed plan to spend more, while 67% said they plan to spend about the same and 21% said they plan to spend less.

Rochester, N.Y. -- Kodak Alaris today unveiled the Kodak Photo Service, which opens the company's worldwide installed base of Kodak picture kiosks and printers to content providers, creating new revenue streams for both them and retailers.