Department Store

Newington, N.H. -- Burlington, Mass.-based KeyPoint Partners said it has been awarded the property management and leasing contracts for The Crossings at Fox Run, a 475,000-sq.-ft. power center in Newington, N.H.

The property will be handled out of the firm’s Burlington, Mass., corporate headquarters. Heitman LLC awarded the contracts.

Dallas -- Neiman Marcus announced Thursday that it had entered into agreements with Visa and MasterCard to begin, effective Nov. 1, accepting MasterCard and Visa credit, debit and prepaid cards at all 41 Neiman Marcus stores.

The luxury retailer had long been criticized for accepting only its private-label credit cards, American Express and cash.

"We listened to our customers and heard that they wanted more flexibility in their payment choices," said Karen Katz, president and CEO, Neiman Marcus.
 

Dallas -- Alliance Data Systems Corp. said Thursday that it has signed a new long-term agreement to provide private-label credit card services for Christopher & Banks.

Under terms of the agreement, Alliance Data will provide Christopher & Banks and CJ Banks with private-label credit card services, as well as beefed-up loyalty benefits.

Hamilton Township, N.J. -- North Plainfield, N.J.-based Levin Management said Thursday that its year-long, multi-million dollar renovation of 59-year-old Hamilton Plaza is nearing completion. The renovation of the 184,272-sq.-ft. center, located in Hamilton Twp., N.J., includes significant upgrades to the common areas, and the addition of two pad sites and a 10,000-sq.-ft. end cap.

New York City -- Brixmor Property Group said Wednesday it has appointed Thomas W. Litzler as senior VP, central region.

Based in Chicago, Litzler will serve as the asset manager for the region, directing leasing, property operations and redevelopment activity for 11.7 million sq. ft. of community and neighborhood shopping centers in Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri and Wisconsin.

Naperville, Ill. -- OfficeMax reported Thursday that net income for the quarter ended Sept. 24 rose to $21.5 million, compared with $20 million in the year-ago period.

Sales dipped 2.1% to $1.77 billion from $1.81 billion, barely meeting Wall Street’s expected $1.807 billion. Same-store sales dropped 4.3%.

“We remain focused on driving operational efficiencies as we position the company for long-term growth," said Ravi Saligram, president and CEO, OfficeMax.

Dallas -- SRS Real Estate Partners announced that Dick’s Sporting Goods has executed leases and opened stores with affiliates of Forest City Enterprises at two projects in Metro New York.

A 49,286-sq.-ft. Dick’s opened at Forest City Ratner’s Ridge Hill project in Yonkers, N.Y., anchoring the one million-sq.-ft. center.

A 35,685-sq.-ft. Dick’s also opened in Staten Island, in a freestanding location in front of Staten Island Mall.

Atwater, Calif. -- Jacksonville, Fla.-based Regency Centers said that Dollar Tree has leased retail space in Atwater, Calif., at Applegate Ranch Shopping Center.

Dollar Tree leased 9,264 sq. ft. and is now open. The 464,136-sq.-ft. shopping center is anchored by a Super Target, Walmart, Marshalls and Petco.