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  • Roosevelt Galleria in Chicago acquired for $19.6 million

    Chicago -- Mid-America Real Estate Corporation’s Investment Sales team brokered the sale of Roosevelt Galleria in Chicago. Rye, New York-based Acadia Realty Trust purchased the urban retail property for $19.6 million.

    Roosevelt Galleria is located in the Roosevelt Road retail corridor in the South Loop. The 40,306 sq. ft. center has a diverse mix of tenants, which include: Golfsmith, Petco, Sleepy’s, United Healthcare and The Vitamin Shoppe.

  • Nordstrom expanding its give back brand

    An innovative cause marketing initiative involving Nordstrom’s Treasure&Bond brand is being expanded to more merchandise categories, and non-profit beneficiaries couldn’t be happier.

  • Starbucks mobilizes customers nationwide

  • Intense holiday season has begun

    Pervasive online price comparisons, the growing popularity of Amazon.com and intense omnichannel activity can be expected this holiday season, according to new consumer research by Market Track.

  • Former EDENS executives launch Asana Partners

    Columbia, S.C. -- Industry veterans Terry Brown, Jason Tompkins, and Sam Judd last month launched Asana Partners, a retail real estate investment company headquartered in Columbia, South Carolina.

    Drawing from the team's deep operational and investment background in retail real estate, including more than $15 billion in transaction activity over the last 15 years, the company will acquire, own, and operate retail properties in dynamic markets across the United States.

  • Sears names Amazon vet to head fulfillment

    Amazon.com is certainly known for its expertise in integrated fulfillment, and Sears Holdings Corp. is now tapping into that knowledge base.

    Sears has appointed Girish Lakshman, who most recently served as VP of worldwide transportation strategy, technology and customer returns at Amazon, as president, fulfillment.

    His new role will support the company's continued efforts to fulfill member and customers' needs and advance its integrated retail strategy.

  • Report: EMV will double online retail fraud

    A new survey reinforces what many already know: EMV makes in-store fraud much harder, but it drives would-be criminals online.

    Based on the experience of other predominantly English-speaking nations that switched to EMV-compliant payment cards, terminals and processors, online retail fraud will more than double in the U.S.

    According to a new infographic from online fraud prevention technology provider Trustev, online retail fraud will rise 106% in the U.S. in the first three years after the Oct. 1 EMV compliance deadline.

  • Study: Consumers not ready to pay with EMV

    In the 1970s, Saturday Night Live had a cast of comedians that were called the “Not Ready for Prime Time Players.” In 2015, U.S. retailers have a cast of customers that could be called the “Not Ready for EMV Payers.”

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