Mass Merchant

RadioShack posted a net loss of $137.2 million in its second quarter, more than double the $52.2 million loss reported in the year-ago period. It was the troubled retailer’s 10th straight quarterly loss.

RadioShack warned in a regulatory filing it may seek bankruptcy protection, with a possible sale or third-party investment as other potential avenues to remedy its ongoing financial woes.

North Plainfield, N.J. — David Reiner has joined retail real estate services firm Levin Management as VP of leasing. Most recently, Reiner served as director of real estate for Body Central Stores Inc.

During the past 25 years, he has also has held executive- and management-level retail leasing positions with property owners such as Urban Retail Properties, Colonial Properties Trust, and Simon Property Group.
 

NEW YORK — 18 | 8 Fine Men's Salons has leased its first New Jersey locations in Somerset and Essex Counties. Winick Realty Group New Jersey broker Alison Cohen, the exclusive broker for 18|8 Fine Men's Salons in New Jersey, represented the salon in both transactions.

Cincinnati — Jeffrey R. Anderson Real Estate Inc. and Casto announced that increased leasing activity during the last six months brings the Rookwood shopping center to 99% occupancy with the addition of new Carhartt, J.Crew Factory and Rally House stores.

In addition, negotiations are underway to lease the only remaining 1,500-sq-ft. space at Rookwood, which will then achieve full occupancy.
 

Walmart released its top toy list for 2014 the same day Toys “R” Us unveiled holiday strategies at its flagship store in New York.

Indianapolis – Hhgregg Inc. has hired Robert J. Riesbeck as CFO, effective Sept. 15. Riesbeck brings more than 25 years of experience in financial and operations management, most recently serving as Operations Executive/Group CFO at Sun Capital Partners, where he was responsible for financial and operations oversight of a group of portfolio companies with combined revenues exceeding $5 billion.

Indianapolis — JLL’s Retail Group has been retained to lease and manage Washington Square Mall in Indianapolis. The property’s tenant mix includes more than 80 national, regional and local retailers, and is anchored by Sears, Dick’s Sporting Goods, Target and Burlington Coat Factory.

The nearly one-million-square-foot regional shopping mall was built in 1974 and underwent a comprehensive renovation in 1999. Regional manager Rick Vita is leading the JLL team on this assignment.

Walmart unveiled new details regarding the digital strategy for its Asda division in the United Kingdom that could have implications for how the retailer serves the U.S. market.

U.K. shoppers love the internet and Walmart’s Asda unit is responding with growth of order online, pick up in store capabilities known as Click and Collect, dedicated facilities and the consolidation of Web sites.