Consumer Electronics

AT&T’s first-ever flagship is designed to immerse customers in everything AT&T. The 10,000-sq.-ft. emporium, located at 600 N. Michigan Ave. in Chicago, also offers shoppers a peek into the future, with the first-ever retail demonstrations of the company’s new digital home security system and an example of how wireless technology can help driving via an on-site “connected” car.

Minneapolis -- Best Buy on Wednesday announced major changes to its leadership organization. The company is removing the senior-most layer of the U.S. operation is being removed; resulting in what it called “a leaner structure intended to improve the company’s agility.”

Conshohocken, Pa. -- Plymouth Meeting, Pa.-based Fameco Real Estate said that Party City and VisionWorks have signed leases at Upland Square, located in West Pottsgrove, Pa.
 
Party City has signed a lease for 9,000 sq. ft. and VisionWorks has signed a lease for 3,825 sq. ft. These retailers will join anchors Target, Giant, Best Buy, LA Fitness, TJ Maxx and Bed, Bath & Beyond at the 600,000-sq.-ft. power center.

New York -- Multiple reports on Monday suggested that private equity firm Cerberus Capital Management, which owns the struggling Albertsons LLC, may be putting together a deal to buy all or part of the grocery chain.

Cerberus is said to be seeking $4 billion to $5 billion in debt financing from banks to back a bid and is looking at investing $800 to $900 in equity in its takeover quest, a person familiar with the matter is reported to have said. That same source cautioned that the figures could change.

Hollywood, Calif. – Four new tenants have opened at Hollywood & Highland Center – the retail, dining and entertainment venue located on Hollywood’s Walk of Fame. Mr. Koji’s, GNC, Sweet! Hollywood candy store and Kitson fashion boutique have all recently opened and will be joined by another group of impending openings.

Chilli Beans, a Brazilian sunglasses retailer, is slated to open on Oct. 31; L'Occitane will open on Nov. 1; Zinzi jewelry will open Dec. 1; and Cho Oishi will open its Japanese restaurant in Feb. 2013.

Fort Worth, Texas -- RadioShack Corp. reported Tuesday a wider-than-expected loss of $47 million for the quarter ended Sept. 30, compared with a profit of $300,000 for the same period last year. Sales dropped from $1.03 billion to $1.0 billion and same-store sales dropped 1.6%.

Burlington, Mass. -- KeyPoint Partners announced it has been awarded the property management and retail leasing contract for the Woburn Mall in Woburn, Mass.

Real estate equity fund Multi-Employer Property Trust acquired the 276,200-sq.-ft. mall in September 2012. Tenants include TJ Maxx, HomeGoods, Sports Authority, DSW and CVS Pharmacy.

Waynesville, N.C. -- Chattanooga, Tenn.-based CBL & Associates Properties announced the opening of its newest community center development, Waynesville Commons, a 127,500-sq.-ft. community center in Waynesville, N.C.  

Joining the existing Walmart, the 100% leased center is anchored by an 85,000-sq.-ft. Belk, Michaels and PetSmart, along with 11,000 sq. ft. of specialty stores including US Cellular and Rack Room Shoes.