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  • Kohl’s taps First Data for private-brand credit-card processing

    Atlanta -- First Data has entered into an agreement with Kohl’s Department Stores to provide payment processing services for the company’s private brand credit-card accounts.

    The multi-year agreement calls for First Data to provide Kohl’s with credit-card processing, customer analytics, risk management services and automated customer service workflow tools. Financial terms of the agreement were not disclosed.

  • Sears Holdings names head of home fashions

    HOFFMAN ESTATES, Ill. -- Sears Holdings announced that retail veteran Chris Capuano will join the company as SVP and president home fashions. She will be responsible for the oversight, leadership and growth of the in-store and online merchandising of home fashions in both the Sears and Kmart formats.

  • Justice expands at Cafaro malls

    Youngstown, Ohio -- Cafaro Co. said Wednesday that teen retailer Justice is opening new stores at two of the company’s malls -- at Sundusky Mall, in Sandusky, Ohio, and at Kennedy Mall, in Dubuque, Iowa.

    The new stores will open by early May. The Sandusky location will occupy over 4,000 sq. ft. of space, while the store at Kennedy Mall will be just over 3,300 sq. ft.

  • Walmart investing $500 million in Canada

    New York City -- Walmart Canada, a unit of Wal-Mart Stores, announced that it plans to open 40 additional supercenters in its upcoming fiscal year (which runs from Feb.1, 2011 to January 31, 2012). The company is investing approximately $500 million in the project, which also includes expanding, remodeling and relocating existing stores.

    Although Walmart Canada did not disclose exact locations, it did reveal that it will enter two new new markets this year: the provinces of Quebec and Manitoba.

  • Simon adds leasing, management and marketing duties at California center

    Indianapolis -- Simon Property Group said Wednesday that, effective Feb. 1, it will assume leasing, management and marketing duties at The Shops at Montebello, a Los Angeles-area shopping center.

    The Shops at Montebello is a regional enclosed mall built in 1985 with approximately 758,000 sq. ft. The center is home to over 160 retailers and is anchored by Macy's, Macy's Home, J.C. Penney and Forever 21.

  • BlackSand Capital acquires Pearlridge Uptown II

    Honolulu, Hawaii -- Colliers Monroe Friedlander, an affiliate of Colliers International, said that BlackSand Capital, LLC, a Hawaii-based real estate investment firm, acquired Pearlridge Uptown II from Inspiration International, LLC.

  • 'Modern Family' star gets exclusive line at Kmart

    HOFFMAN ESTATES, Ill. -- Kmart, LF USA and Latin World Entertainment Licensing announced the launch of a new lifestyle collection by renowned actress Sofia Vergara. Sold exclusively through Kmart, the collection will embody the "Modern Family" star's signature style of glamour and sexiness with an air of approachability, according to a press release.

    The collection, which will include sportswear, dresses, handbags, jewelry, and footwear will be available at over 800 Kmart stores nationwide and Kmart.com beginning this fall.

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