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Mass Merchant

  • Target launches sustainable product line

    Minneapolis -- Target Corp. is introducing “Made to Matter – Handpicked by Target.” The collection brings together 17 natural, organic and sustainable brands to introduce new products.

  • Walmart to install LEDs in ceilings, cutting lighting energy use by 40%

    Bentonville, Ark. -- Walmart, a pioneer in the use of LED lighting in its freezer cases and parking lots, is now extending its use of LEDs to the sales floor. The retailer plans to install energy-efficient LED ceiling lighting from GE in its new supercenters in the United States, along with stores in Asia, Latin America, and the United Kingdom.

  • Cullinan names senior real estate representative

    Peoria, Ill. — Cullinan Properties has named Patty Kueneke senior real estate representative. She will lease and sell existing and newly developed properties including the Streets of St. Charles in the St. Louis metro area and the Shoppes at River Hill in Topeka, Kan.

  • Retail imports to grow 6.1% in April

    Washington, D.C. -- Import volume at major U.S. retail container ports is expected to increase 6.1% in April 2014, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. U.S. ports followed by Global Port Tracker handled 1.26 million Twenty-Foot Equivalent Units (TEU) in February 2014, the latest month for which after-the-fact numbers are available.

  • Nordstrom Rack to open in Bakersfield, Calif.

    Seattle -- Nordstrom announced plans to open at a Nordstrom Rack at The Shops at River Walk in Bakersfield, Calif. The approximately 35,000-sq-ft. store is scheduled to open in spring 2015.

    The new Nordstrom Rack will be the company's first location in Bakersfield.

  • Fashion house 'Len' renews at Minneapolis City Center

    Minneapolis — Twin Cities’ fashion retailer “Len” has renewed its lease at Minneapolis City Center with a seven-year commitment. The existing 7,196-sq.-ft. store is the retailer’s only downtown location following the consolidation of several brands and stores over the last six months. The chain operates five more locations in Minnesota and one in Illinois.

    Minneapolis City Center is the two-story retail portion of a 1.6 million mixed-use property owned by Shorenstein Properties LLC.

  • Checkpoint Systems releases new RFID label

    Orlando, Fla. -- Checkpoint Systems Inc. is releasing its new Zephyr 2 RFID label, which is certified by the University of Arkansas’ ARC Center for item-level tagging of all apparel categories in the U.S. and Europe. The Zephyr 2 RFID label design has an integrated UCode 7 chip from NXP Semiconductors, and comes with optimal read/write sensitivity for accurate counting and quicker encoding.  

  • Interbrand report: Walmart most valuable retail brand in the world

    Dayton, Ohio – Walmart is the most valuable retail brand in North America, with a brand value estimated at $131.8 billion, according to Interbrand's "Best Retail Brands" report. The retail powerhouse maintains its number one spot and, even with a 6% decline in brand value, it retains an enormous margin over its closest competitor Target, whose brand value is put at $27.1 billion, an 8% increase over 2013.

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