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  • Euclid: March retail performance lags year-over-year

    Santa Barbara, Calif. – Shopper activity rebounded in March 2014 from the prior month, but traffic and engagement lagged compared to March 2013. In-store retail analytics provider Euclid, released its monthly retail benchmarks report to analyze shopper activity and behavior during the month of March, measuring data from tens of millions of domestic shopping sessions.

  • Le Coq Rico restaurant enters U.S. market in Manhattan

    Montmartre, France — Le Coq Rico, a popular Montmartre, France, restaurant has signed into its first location in the United States on 20th Street between Park Avenue South and Broadway in Manhattan’s Flatiron District. The space includes 3,000 sq. ft. on the ground floor and 1,800 sq. ft. on the lower level.

    Winick realty Group represented landlord Walter Samuels in the long-term lease transaction. Newmark Grubb Knight Frank represented the restaurant.

  • Retail imports to grow 6.1% in April

    Washington, D.C. -- Import volume at major U.S. retail container ports is expected to increase 6.1% in April 2014, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. U.S. ports followed by Global Port Tracker handled 1.26 million Twenty-Foot Equivalent Units (TEU) in February 2014, the latest month for which after-the-fact numbers are available.

  • Interbrand report: Walmart most valuable retail brand in the world

    Dayton, Ohio – Walmart is the most valuable retail brand in North America, with a brand value estimated at $131.8 billion, according to Interbrand's "Best Retail Brands" report. The retail powerhouse maintains its number one spot and, even with a 6% decline in brand value, it retains an enormous margin over its closest competitor Target, whose brand value is put at $27.1 billion, an 8% increase over 2013.

  • Paragon Software introduces home delivery system in U.S.

    Dallas – Paragon Software Systems Inc., a provider of vehicle routing and scheduling optimization solutions, is introducing Paragon HDS (Home Delivery System) to the U.S. market. Paragon HDS is designed to enable home delivery and home service companies to offer more accurate delivery times while improving fleet efficiency.

  • PGA Tour Superstores targets 50 locations by 2018

    Atlanta -- PGA Tour Superstores announced three new store openings in 2014 and an ambitious growth strategy that will more than double its current retail footprint,  adding one million square feet of new golf retail space over the next five years.

    As part of its growth plan, the mega-golf retailer will open new interactive retail experience stores this fall in Orlando, Florida; North Scottsdale, Arizona; and Southlake, Texas.

  • Rite Aid creates VP of brand development and innovation

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  • Berkshire Partners forms partnership with former Urban Outfitters exec Glen Senk

    Boston -- Berkshire Partners LLC, the Boston-based investment firm, and Glen T. Senk, a New York-based retail and consumer executive, are partnering to co-invest in innovative, high-growth retail and consumer businesses. Berkshire Partners has initially committed $350 million to future investments alongside Senk and his newly formed firm, Front Row Partners LLC, where he serves as chairman and CEO.

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