eCommerce

Issaquah, Wash. — Construction is nearing completion on Issaquah Highlands’ new shopping and entertainment district, Grand Ridge Plaza. The Regency Centers Corp. center, which broke ground in the summer of 2012, is in the midst of its busiest rollout stretch, which features the grand opening of a Safeway grocery store.

Sidney, Neb. -- Cabela’s Inc. announced today plans to open a store in Moncton, New Brunswick, Canada.

The 50,000-sq.-ft. is scheduled to open in 2015, and will be located in a new development being developed by Cordova Realty. It will be Cabela’s first location in the greater Atlantic Canada area.

By Lynn Hinderaker, [email protected]

The future is knocking on the door of hedge fund manager and owner of Sears, Eddie Lampert. His decision to split off Lands’ End and Sears Auto Center from the core Sears brand would have been a good decision in 2004, one year after he purchased the deteriorating retail brand. Today, given the monumental shift in online purchasing behavior that has changed all of retailing, Lampert’s move is akin to rearranging the deck chairs on the Titanic.

New York -- Online food retailer Peapod and Giant Food Stores have opened a new fulfillment center in Coopersburg, Pa.

"Peapod by Giant has seen exciting growth in the Philadelphia area and we are delighted to partner with our sister grocer, Peapod, to expand service to additional ZIP codes in the Giant trade area," said Rick Herring, president. "As always, we will strive to provide a wide selection of well-priced, top quality, fresh products with the ease of online shopping and home delivery."

New York -- Amazon is teaming up with the U.S. Postal Service to deliver packages on Sunday, with the service starting this week in the Los Angeles and New York metro areas. The online giant plans to roll out the service to additional markets, including Dallas, Houston, New Orleans, and Phoenix, in 2014.

Amazon Prime members, who receive unlimited, free two-day shipping, are eligible for the service.

Los Angeles -- Sport Chalet reported a loss for the second quarter of fiscal 2014 of $3.0 million, compared to net income of $0.8 million in the year-ago period. Sales decreased 5.2% to $86.7 million from $91.5 million, with a 2.5% comparable store sales decrease. Among the few bright spots was a 32.4% increase in online sales, and a better-than-expected performance by the chain's new store concept.  

H&M plans to hold a ribbon-cutting celebration marking the opening of a 42,000-sq.-ft. store in New York City’s Times Square at 12:01 a.m. Thursday, Nov. 14. On hand to help light the H&M logo at the top of 4 Times Square will be global superstar Lady Gaga.

Sears Canada announced that it has reached a definitive agreement with Montez Income Properties Corp. to sell its 50% joint venture interest in eight properties it owns with The Westcliff Group of Companies for approximately $315 million.