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  • CSA opens up nominations for '10 under 40' in retail real estate

    New York -- For the second consecutive year, Chain Store Age will select 10 individuals in retail real estate as “retail stars;” all will be featured in the April/May 2014 issue with bonus distribution to the International Council of Shopping Centers’ RECon show in Las Vegas in May.

    The award recognizes people under the age of 40 who are making an impact in retail real estate – whether from the tenant (retail) or the landlord (shopping center company) side.

  • JLL adds executive VP and VP to Mobile, Ala., office

    Chicago — Jones Lang LaSalle has announced the appointment of Josh Burmeister as executive VP and Gulf Coast retail brokerage lead and Ms. Buff Teague as VP. They will cover Alabama, Mississippi, Louisiana and the Florida Panhandle, partnering with John Bemis, Southeast retail market lead and John Lambert, Fla., retail market lead.

    Burmeister and Teague join JLL from SRS Real Estate Partners.

    While at SRS, Burmeister served as market leader for operations in Mobile, Ala., and co-market leader for Birmingham Ala., operations.

  • Meijer upgrades fashion offering

    Meijer has upgraded its fashion offering to challenge national retailers in the apparel and accessories space.

    The Grand Rapids, Mich.-based retailer touts itself as a pioneer of the one-stop shopping concept, but it said in a release that it is best known for its produce and meat departments. The company, therefore, has taken steps to upgrade its fashion offerings, not only by stocking a variety of on-trend merchandise, but also creating a dedicated fashion website and launching a social media initiative to promote their upgraded apparel and accessories category.

  • Meijer launches omnichannel fashion campaign

    Grand Rapids, Mich. – Meijer is launching a major initiative to upgrade its fashion offerings. The omnichannel initiative includes regional advertising in national fashion magazines, the distribution of a spring Look Book, and the use of social media, including Instagram, as well as a new website, meijerstyle.com.

    Meijer’s style team is led by Lynn Hempe, the retailer's group VP of softlines, and includes her buying team and input from fashion advisor, Mariana Keros,

  • E-cig manufacturer says never mind the vapors

    With usage of electronic cigarettes on the rise, a new study by e-cig manufacturer Mistic contends the majority of Americans are not opposed to second hand vapor.
     

  • Report: Vietnam developer to enter e-commerce arena

    Hanoi, Vietnam – Vietnamese property developer and mall operator Vingroup JSC is reportedly preparing to launch an e-commerce venture. According to Bloomberg, Le Thi Thu Thuy vice chairwoman of Vingroup, has left that position to lead an online subsidiary called VinE-com.

    VinE-com will reportedly sell a wide range of products to Vietnamese consumers and compete locally with global e-commerce retailers including Ebay and China’s Alibaba. Thuy told Bloomberg VinE-com is looking to acquire other Vietnamese e-commerce providers.

  • First Data: Spending down in January as winter weather takes toll

    Atlanta -- Consumer spending growth declined from December to January, but remained relatively healthy at 2.5%, according to First Data’s January 2014 SpendTrend report. SpendTrend tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million U.S. merchant locations serviced by First Data. The report cited the severe winter weather that pummeled the Midwest and eastern half of the country as a factor in the decline.

  • Report: Aeropostale considers private equity, sale

    New York – Aeropostale Inc. is reportedly considering trying to raise private equity capital. According to Reuters, four anonymous sources said Aeropostale is working with the investment bank Barclays plc to consider options including private equity capital as well as a sale of the company.

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