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Discount Store

  • Jones Lang LaSalle names Midwest team additions

    Chicago -- Jones Lang LaSalle announced the addition of Larry Kilduff, Claire Bitautas and Anne Imming to its retail team.

    Kilduff will serve as a VP and the retail management lead in the Midwest. Bitautas and Imming will serve as VPs on the brokerage team focusing on the downtown and suburban Chicago market. In their new roles they will partner with Midwest retail market lead Mark Hunter.

  • Mobile coupon app expands retail selection

    LOS ANGELES — Yowza, a leading mobile coupon app for iPhone and Android, has announced that more than 70,000 locations nationwide now accept Yowza coupons.

     

     

  • George Soros takes 7.9% stake in J.C. Penney

    New York -- Giving a much-needed boost to J.C. Penney Co., George Soros’ Soros Fund Management bought 17.4 million shares of the troubled retailer, according to a filing with the Securities and Exchange Commission.  

    The stake, which was seen as a vote of confidence in returning CEO Mike Ullman, makes the billionaire investor the fourth-largest Penney shareholder, with a 7.9% stake.

     

  • Dollar General gets involved in blood-clot education effort

    GOODLETTSVILLE, Tenn. — Dollar General will benefit a nonprofit outreach program focused on blood clots, the discount store chain said.

     

    Dollar General announced it would match the $2,000 donation that NASCAR Nationwide Series driver Brian Vickers made to Clot Connect. Vickers was diagnosed in early 2010 with blood clots that forced him to miss the remainder of the season and worked with University of North Carolina at Chapel Hill physicians and Clot Connect to make informed decisions on his healthcare.

     

  • Supervalu sales down amid company’s transition

    MINNEAPOLIS — Supervalu reported sales of $3.89 billion and a loss of $1.41 billion in fourth quarter 2013, compared with sales of $3.98 billion and a loss of $424 million in fourth quarter 2012.

     

    For the fiscal year, sales were $17.1 billion, compared with $17.3 billion in fiscal year 2012, while the company incurred a loss of $1.46 billion, compared with a $1.04 billion loss the year before.

     

  • Orvis to open at Village at Leesburg

    Leesburg, Va. -- Cypress Equities said that Orvis will open a new store at the 1.2 million-sq.-ft. Village at Leesburg mixed-use project in Leesburg, Va.

    Orvis will occupy 6,022 sq. ft. in a new 13,000-sq.-ft. retail building currently under construction. Orvis is slated to open in fall 2013.

  • Family Dollar deploys real estate solution

    Matthews, N.C. -- Discount retailer Family Dollar is utilizing TAS Unity, a browser-based enterprise market knowledge  system designed to aid retail real estate management from Trade AreaSystems.
     

  • Family Dollar improves visibility with real estate solution

    MATTHEWS, N.C. — Family Dollar is utilizing TAS Unity, a browser-based enterprise market knowledge system designed to aid retail real estate management from Trade Area Systems.

     

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