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Mass Merchant

  • Report: Cross-border Canadian shoppers possibly hit by Target breach

    Minneapolis – Target Corp. notified Canadian shoppers who visited U.S, Target stores between Nov. 27 and Dec. 15, 2013 that some of their personal data may have been compromised in the major data breach that hit the retailer. According to the Canadian Press, that information includes personal data such as names, addresses, emails and phone numbers, but not financial data.

  • Reports: Target takes steps in response to breach

    Minneapolis – Target Corp. continues to take steps in response to the holiday data breach that may have exposed the personal and financial data of up to 110 million consumers to hackers. The Wall Street Journal reports that Target shut down remote access to two internal sites in the aftermath of the massive attack.

  • Toys ‘R’ Us generates buzz ahead of LEGO movie release

    In anticipation of the theatrical release of “The LEGO Movie” Friday, Feb. 7, Toys “R” Us is unveiling a dedicated feature shop in stores nationwide Thursday, Jan. 30, as well as online at Toysrus.com/LEGO.

    Customers will be able to find the latest movie-inspired products as well as recreate their favorite scenes from the first-ever full-length LEGO adventure film. Toys “R” Us will also host a special event, and offer gifts with purchase and a chance to win prizes, while supplies last.

  • New Sam’s Clubs in Warwick, R.I., and Mooresville, N.C.

    New York --  Sam’s Club will open two new clubs on Thursday, January 23, one in Warwick, R.I., and another in Mooresville, N.C.

    The 136,000-sq.-ft. Warwick club has created 140 new jobs. Also 136,000 sq. ft., the Mooresville club has created 160 new jobs.

    Both clubs will feature a variety of members-only amenities, including a fresh bakery, a tire and battery center, a café and a fuel station.

  • Nordstrom to open two Nordstrom Rack stores

    Seattle – Nordstrom plans to open a Nordstrom Rack store at Harbison Court in Columbia, S.C., and another at West Towne Crossing in West Towne, Wis. The approximately 34,000-sq.-ft. Columbia store and 30,750-sq.-ft. West Towne store are both scheduled to open in fall 2014.

    When it opens, the Harbison Court Nordstrom Rack will be the company's second location in South Carolina, following the recently announced location in Greenville that will also open in fall 2014.

  • Kroger promotes two veteran execs

    Cincinnati – The Kroger Co. has promoted two veteran company executives. Jay Cummins has been named president of the Smith's Food and Drug Stores division and Joe Fey has been named president of Kroger's Mid-Atlantic division.

    Cummins, 62, has been serving as president of Kroger's Mid-Atlantic division. He succeeds Mark Tuffin, who was named senior VP of retail divisions in December 2013.

  • Tucson’s River Center trades for $24.8 million

    Tucson, Ariz. — Lee & Associates Arizona has negotiated the $24.8 million sale of the River Center, a 117,563-sq.-ft. shopping center anchored by Whole Foods and Petco. Located on East River Road in the Catalina Foothills of northeastern Tucson, the center posted a cap rate of 5.5%.

    Lee & Associates Arizona represented the buyer, Global Retail Investors LLC, a subsidiary of First Washington Realty of Bethesda, Md., and the seller, River Center Canada.

    River Center was constructed in 1986 and remodeled in 1997 and 2013.

  • Kroger, Harris Teeter deal gets green light from FTC

    The Federal Trade Commission has granted Kroger and Harris Teeter Supermarkets early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending merger transaction between the two companies.
     
    The early termination of the HSR waiting period satisfies one of the conditions to the closing of the pending merger, which remains subject to other customary closing conditions. Both companies expect the transaction to be completed before the end of January.

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