eCommerce

Paying online got easier for Visa cardholders this week thanks to its launch of Visa Checkout. The service will allow users to register their card and then complete their purchases by entering their Checkout username and password.

New Hyde Park, N.Y. - Kimco Realty Corp. has acquired a portfolio of 10 shopping centers from its joint venture with SEB Asset Management for $275.8 million, including $193.6 million of mortgage debt. Kimco, which previously held a 15% ownership interest in the properties, paid approximately $69.8 million for the remaining 85% equity interest held by SEB Asset Management, the group’s specialist real estate manager.

Maywood, Calif. -- CBRE senior VP Philip D. Voorhees announced that he, Jimmy Slusher and the National Retail Investment Group – West (NRIG-West) team, along with CBRE’s managing director, Richard Rizika, completed the sale of Maywood Village Square, a 48,324-sq.-ft. convenience strip center located in Maywood, California. The center is anchored by O’Reilly Auto Parts and features Subway, U.S. Bank, Yoshinoya, Western Dental Services and a new Fitness 19 health club.

Amazon found another way to endear itself to customers with a new service called Kindle Unlimited that provides access to 600,000 books for a flat monthly fee.

San Francisco - PBteen opens its first Arizona-based PBteen store at Kierland Commons in Scottsdale, Arizona on July 18. It will serve as a combined location with Pottery Barn Kids, and this will be the 18th PBteen location in the U.S.

New York – Uniqlo will open a store at Great Mall in Milpitas, California, on Sept. 12. The store will be the first Uniqlo location to feature a 100% eco-friendly design, with LED lighting, greener materials and high-efficiency elements throughout.

The new Uniqlo also include specialty shopping vignettes that will create a store-within-a-store feel in the women and children’s departments. In-store display materials will also include updated digital screens.

Virginia Beach, Va. -- Home furnishings retailer West Elm will open a new store at Town Center of Virginia Beach, the retailer’s first in the Hampton Roads market.

The new store will be located on Main Street on the first floor of the newly constructed 4505 Main Street Tower, next to the recently announced Anthropologie store. A grand opening is slated for 2015.