Discount Store

Shrewsbury, Mass. -- Charter Realty and Development said that it has leased a 19,300-sq.-ft. space at White City Shopping Center, in Shrewsbury, Mass., to Planet Fitness.

Planet Fitness joins Shaw’s, Dress Barn and Austin Liquors, among others, at the 255,000-sq.-ft. center.

Beachwood, Ohio -- DDR Corp. announced Monday that, during the first quarter, it acquired two prime assets in Dallas and in Oakland, Calif., for $81 million.

Also during the quarter, DDR disposed of $46 million of non-prime assets, including $8 million of non-income producing assets.

ECRM compared retail circular advertising in March 2012 vs. March 2013 and noticed some common overall trends across top retail chains. Surprisingly the total number of pages per circular increased across the majority of retailers included in the study which shows that retailers are still focused heavily on their print circulars.

Seattle -- Nordstrom announced plans to open two Nordstrom Rack locations, one in Oklahoma City, and the other in San Francisco.

Nordstrom Rack will open at Belle Isle Station in Oklahoma City. The approximately 34,000-sq.-ft. store, scheduled to open in fall 2013, and will be the retailer's first location in the state.

In San Francisco, Nordstrom Rack signed a 45,496-sq.-ft. lease for a space at the 901 Market Street property, which owned by Hudson Pacific Properties.

First it was RadioSchack and now Target has ended another electronics initiative with Best Buy.

Target and Best Buy confirmed earlier this week that they agreed to end a partnership begun last August that involved Target offering Best Buy’s Geek Squad services at 29 stores in Minneapolis and Denver. Earlier this year, Target ended a more extensive relationship with RadioShack that involved

New York -- Staples named former Walmart.com CEO Raul Vazquez to serve on its the board of directors.

Vazquez currently serves as CEO and a director of Progreso Financiero, financial services firm focused on serving the needs of "under-banked" Hispanic customers. The election of directors at Staples will take place at the company’s annual meeting on June 3.

New York -- Best Buy Co. Inc. and Target Corp. ended a partnership that positioned Geek Squad agents in Target stores in Denver and Minneapolis, the Minneapolis Star Tribune reported.

The six-month pilot allowed Geek Squad personnel to offer services such as installation and repair to electronics customers at 29 Target stores. The program covered a wide range of consumer electronics products, according to the report.

Myrtle Beach, S.C. -- Jones Lang LaSalle said Thursday it has closed the sale of Windy Hill Shopping Center and North Village Center on behalf of Equity One.

America’s Realty purchased the two adjacent shopping centers totaling 128,821 sq. ft. and anchored by Roses, Goodwill, Dollar General and Cititrends.