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  • Walmart to build new supercenter in Maryland

    Denton, Md. -- Walmart will break ground on a new supercenter in Denton, Maryland, the week of September 19. The 152,888-sq.-ft.  store will also feature a Subway.

    Walmart currently operates 35 stores and 12 Sam's Clubs in the state of Maryland.

  • Seasonal campaign celebrates second birthday

    Prices were cut on 1,500 items at Target.com last Friday as the retailer executed an online-only Black Friday in July promotion. It was the second consecutive year Target conducted the event which, despite the name, pales in comparison to the real Black Friday, which is an operational nightmare and features extreme discounts on prices retailers would rather not get in the habit of offering at other times of the year.

  • Payless to open at Marlton Crossing

    Marlton, N.J. — Centro Properties Group US announced that Payless ShoeSouce will open a 3,057-sq.-ft. store at Marlton Crossing, located in Marlton, N.J.    

    Centro, based in New York City, owns the shopping center.

  • 99 Cents Only reports Q1 sales growth.

    COMMERCE, Calif. — 99 Cents Only Stores reported total sales of $368.3 million for the first quarter of fiscal 2012 ended July 2.  This represents an increase of 6.3% over total sales of $346.5 million for the same quarter last year.  

  • New leases bring Dunning Farms to full occupancy

    Middletown, N.Y. — Charter Realty & Development Corp. said that three new leases and one relocation, totaling 90,372 sq. ft. has brought the Dunning Farms Shopping Center, located in Middletown, NY., to 100% occupancy.

    Since being brought on to lease Dunning Farms, Charter has executed new leases with Ollies Bargain Basement for 30,775 sq. ft., with Groo Shoes for 3,880 sq. ft., and with Nilsen Insurance for 1,175 sq. ft. What-a-Store has relocated to a 28,000-sq.-ft. store. 

  • Five Below opens five stores in Detroit market, sees potential for 25

    New York — Five Below on Friday made its Michigan debut, opening five stores in the Detroit metro area. The chain specializes in “extreme value” merchandise for teens and pre-teens, with no item priced more than $5.

  • And in other pricing news …

    The debate over whether online retailers should be collecting sales tax is one of those “level playing field” issues that puts traditional brick and mortal retailers at a disadvantage. Or does it?

  • Tuesday Morning lowers EPS guidance on poor 4Q sales performance

    DALLAS — Tuesday Morning  reported fourth-quarter net sales of $194.8 million, a decrease of 3% from last year's fourth-quarter net sales of $200.8 million. Comparable-store sales for the quarter decreased by 4.5%, which was comprised of a 5.4% decrease in traffic and a 0.9% increase in ticket.

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