eCommerce

Tampa, Fla. — RMC Property Group has acquired a 60,000-sq.-ft. shopping center in Palm Harbor, Fla., for $6.75 million, or $112 per square foot. It is located at the intersection of U.S. Highway 19 and Nebraska Avenue.

Anchor retailer Office Depot leases 100% of the center, which was built in 1997.

Phoenix - PetSmart Inc. had a better fiscal year than fourth quarter 2013, with net income and sales rising during the year but falling during the quarter, compared to the same periods a year earlier. During the fiscal year, net income rose 8% to $419.5 million from $389.5 million, while net sales grew 3% to $6.91 billion from $6.71 billion and same-store sales increased 2.7%.

Seattle -- Nordstrom announced plans to open a full-line store at The Domain in Austin, Texas. The two-level, approximately 123,000-sq.-ft. store is scheduled to open in fall 2016 and will be the company's second full-line store serving the greater Austin area. The Domain is owned and operated by Endeavor Real Estate Group.

Thief River Falls, Minn. – Powersports brand Arctic Cat has expanded its e-commerce business by launching an EBay store using the Shopatron Marketplace ship-from-store application. The SaaS solution provides EBay customers with access to a range of official Arctic Cat gear and merchandise and expands inventory to include goods located in stores.

New York -- Phoenix-based Sprouts Farmers Markets Inc. is expanding. The natural-foods supermarket chain expects to open 22 to 24 stores in fiscal 2014, including five locations in the Atlanta area.

Sprouts currently operates more than 165 locations in eight states.

Meanwhile, Gap Inc. continues to expand its newest banner, Athleta, with about 30 additional U.S. stores on tap for fiscal year 2014.

In more store expansion news:

New York -- Retail expansion in the United States has not come to an end, but its focus has shifted. That’s one of the findings contained in the 2014 ChainLinks Retail Advisors U.S. National Retail Investment Forecast Report.

Remember 2011 and 2012? Back then, the forecasters were saying that the economy would probably be sluggish through 2013. After that, starting in 2014, growth would return.