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Mass Merchant

  • Stanbery names partner for leasing and acquisitions

    Bexley, Ohio Stanbery Development has named Marc Hays as a partner. He will focus on finding locations for new developments and acquisitions as well as leasing.

  • Four new retailers sign into Fashion Valley

    San DiegoSimon Property Group has announced that AllSaints, Pink, lululemon athletica and Free People plan to open stores at San Diego’s Fashion Valley in coming months.

    British fashion house, AllSaints will open a 5,200-sq.-ft. space in late March. The international retailer now has 107 stores in eight countries.

  • Report: Shopping center planned for Shreveport, La.

    Shreveport, La. – Houston-based developer NewQuest Properties is reportedly planning to build a roughly 22-acre shopping center in southwest Shreveport, La. According to the Shreveport Times, the center will be known as Camp Forbing Town Center and be located on a 47-acre parcel owned by the YMCA.

  • J. Crew-Fast Retailing Co. merger talks cease

    New York – Merger talks between J. Crew and Japanese retailer Fast Retailing Co. have reportedly ended, at least for the time being. According to the Wall Street Journal, Fast Retailing, owner of the Uniqlo chain, left the discussions not long after they were made public by the media in late February 2014.

  • IHL: Mobile POS shipments in North America to double

    Franklin, Tenn. – The growth of new mobile device shipments is expected to grow 95% worldwide and more than double (108%) in North America during 2014. According to IHL Group's Mobile POS Vendor Database, 47% of total mobile POS shipments in 2013 Worldwide were iOS devices, with Android at 33% and Windows 8 at 12%.

  • Wal-Mart to offer spring ‘Black Friday’ sale on outdoor items

    Bentonville, Ark. – Wal-Mart is offering its largest outdoor living, lawn and garden event of the year, featuring Black Friday-like prices. Starting at 8 a.m. on March 21, through March 29, Walmart’s Spring Savings Event will offer its lowest prices of the season on more than 60 outdoor essentials.

    Wal-Mart’s Spring Savings Event will include $1.97 per bag red, black or brown mulch as well as brand-name lawn mowers and grills for less.

  • Burlington Coat Factory net income drops in Q4; will open 25 net new stores

    Burlington, N.J. – Burlington Coat Factory saw a 36% decline in its fourth quarter net income, which fell to $16.1 million from $25.3 million in the fourth quarter of fiscal 2012. The retailer plans to open 25 net new stores during fiscal 2014, including 22 in the fall, two in May and one in April.

  • Spring is the new Black Friday at Walmart

    Walmart has borrowed a page from the playbook of Home Depot and Lowe’s with a new Spring seasonal promotion that leverages the equity of Black Friday.

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