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  • Saks’s Off 5th to open in new center in Livermore, Calif.

    New York -- Saks Inc.’s Saks Fifth Avenue Off 5th announced that it plans to open its doors in Livermore, Calif., on Nov. 8.

    The new 28,132-sq.-ft. store is located in Paragon Outlets, a new outlet facility located 36 miles east of the heart of San Francisco, which will open in conjunction with Saks Fifth Avenue Off 5th on the same day.

     

  • Aaron's opens five stores in five states

    Atlanta -- Aaron’s said Tuesday it is opening five of its lease-to-own stores in the Midwest, south and on the East Coast.

    From mid October to early November, Aaron's stores have opened in Delaware, Ohio; Ionia, Mich.; Franklin, Ky.; Indianola, Miss., and Towson, Md.

    In September, the company opened its 2,000th store – located in the Bronx, N.Y.

     

  • OfficeMax economic indicator shows softness

    Third quarter sales at OfficeMax declined 1.7% to $1.74 billion and same store sales dropped 2.1% due to weak demand for office products.

  • Newsweek ranks 15 greenest retailers in America

    New York -- Office Depot has been recognized in Newsweek magazine’s annual Green Rankings as the number one greenest large retailer in the United States for the third consecutive year. Across all industry sectors, Office Depot was ranked as America’s ninth greenest large company.

    Here is Newsweek’s ranking of the 15 greenest U.S. retailers:

  • Nordstrom Rack to make Alabama debut in 2013

    Seattle -- Nordstrom said it plans to open a Nordstrom Rack in Birmingham, Ala. This will be the retailer's first location in the state.

    The approximately 35,000-sq. ft. store is scheduled to open in spring 2013 at River Ridge Shopping Center. The center is owned and operated by DDR Corp.

     

  • Meijer offers toy discounts for holiday season

    GRAND RAPIDS, Mich. — Meijer is offering discounts on more than 400 toys at stores and online in anticipation of the holiday season as many customers are likely to want to keep prices down, the Midwestern mass-merchandise chain said Thursday.

    The chain also plans to release a holiday gift guide that includes 18 pages of toys and an online release of its list of its top 25 toys. The toy discounts include toys in “virtually every” category, ranging from action figures to educational toys.

  • Exclusive: Impact of Hurricane Sandy on Retail Supply Chains

    New York -- Hurricane Sandy is likely to result in shipping delays and an increase in third-party carrier rates due to fuel shortages, according to Chris Merritt, VP/GM, retail supply chain solutions for Ryder.

    "While most retailers should have enough inventory for their regular replenishment items, we expect to see out-of-stock situations up and down the East Coast for promotional items retailers have ordered and advertised for Black Friday," Merritt said.

  • Mid-America signs 8 restaurants in Greater Chicagoland

    Oakbrook Terrace, Ill. -- Mid-America Asset Management Inc. said it has signed eight restaurant leases Greater Chicagoland shopping centers that the company represents. The leases total more than 42,000 sq. ft.

    For Dempster Plaza in Niles, Ill., Mid-America leased 9,600 sq. ft. to Asia restaurant Niles Buffet, which will open in a former Old Country Buffet space in March 2013. The 180,000-sq.-ft. center is anchored by Home Depot, Portillo's and Jewel/Osco.

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