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  • 99¢ Only Stores open in Menifee, Calif.

    City of Commerce, Calif. — 99¢ Only Stores will celebrate the grand opening of its new store in Menifee, Calif., by selling Westinghouse 40-inch flat-screen TVs for just 99 cents to the first nine customers in line.

    The 18,000-sq.-ft. store will feature a perishable food department with produce, dairy and frozen foods. 99¢ Only Stores currently operates 335 stores in California, Texas, Arizona and Nevada.

     

  • PREIT completes sale of Chambersburg Mall

    Philadelphia — Pennsylvania Real Estate Investment Trust has completed the sale of Chambersburg Mall in Chambersburg, Pa., for $8.8 million.The sale marks another step in PREIT’s continuing effort to improve the quality of its portfolio through the sale of non-core assets. Net proceeds from the transaction totaled approximately $8.4 million.

  • New Nordstrom Rack opens in Houston spring 2014

    Seattle – Nordstrom will open a Nordstrom Rack at Village Plaza at Bunker Hill in Houston. The 30,357-sq.-ft. store is scheduled to open in spring 2014.

    The first Houston Rack store opened at The Centre at Post Oak in 2010, and the Bunker Hill Rack will be the third Rack in four years to open in the area. Nordstrom first came to Houston with a full-line store at The Galleria in 2003. The company will open its second Houston full-line store at The Woodlands Mall on September 5, 2014.

  • FTI Consulting forecasts 4.9% increase in holiday sales

    West Palm Beach, Fla. -- FTI Consulting predicts a 4.9% increase in sales this holiday season in its 2013 Holiday Retail Report. Despite slowing discretionary spending growth in recent months and anxiety over political turmoil in Washington, FTI retail and consumer products industry professionals anticipate a potential silver lining to this holiday season.

  • Family Dollar focuses on mobile strategy

    Family Dollar is turning to Propelics, a provider of enterprise mobile strategy and mobile apps, to help it improve its mobile strategy.

  • Charter to broker Dollar Tree and Dressbarn in Connecticut

    New York -- Dollar Tree and Dressbarn have named Charter Realty and Development as the exclusive broker in Connecticut.

    Dollar Tree, a Fortune 500 company with approximately 4,700 stores looks for 8,000- to 12,000-sq.-ft. spaces. Dollar Tree is also looking for locations in freestanding strip malls and power centers.

  • Big Lots opens 6 a.m. Thanksgiving

    Columbus, Ohio – Big Lots will open at 7 a.m. Thanksgiving morning and 6 a.m. on Black Friday. The retailer will offer one-day special offers on Thanksgiving Day, Black Friday, and Saturday as well as three-day discounts.

    In addition, on all three days, shoppers who spend $50 or more will receive a coupon worth $10 off their next purchase between Dec. 1 to Dec. 14.

  • Propelics helps Family Dollar improve mobile strategy

    San Jose, Calif. -- Propelics, a provider of enterprise mobile strategy and mobile apps, today announced strong adoption for its solutions in the retail market. The company said it helping such retailers as Family Dollar, Payless ShoeSource, and Hallmark as improve the customer, store associate, and store operations experience though the implementation of a solid enterprise mobile strategy.

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