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Mass Merchant

  • KeyPoint adds six management assignments

    Burlington, Mass. — KeyPoint Partners has added six new properties to its property management portfolio, five in Massachusetts and one in Virginia. The assignments consist of retail, office and industrial space totaling more than 1.39 million sq. ft.

  • Linens ‘n Things ready to grow again

    The once bankrupt and liquidated retailer Linens ‘n Things is poised for a comeback following an acquisition of the brand by Galaxy Brand Holdings.

  • Retail imports climb in December, full year 2013

    Import volume at the nation’s major retail container ports is expected to grow 1.8% in December, compared to the same month last year, and the year should end with an increase of 2.3% from 2012.

    According to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates, U.S. ports followed by Global Port Tracker handled 1.43 million 20-ft. Equivalent Units (TEU) in October, the latest month for which after-the-fact numbers are available.

  • CBRE completes sale of Kohl’s in Avondale, Ariz.

    Phoenix — CBRE has completed the sale of a single tenant net leased Kohl’s department store at the Alameda Crossing shopping center in Avondale, Ariz. The 88,402-sq.-ft. retail property on 8.89 acres commanded a price of $10.6 million.

    CBRE’s Phoenix office represented both the buy and the seller in the transaction. The seller was La Jolla, Calif.-based Collins Family Trust, Stanford Decedents Trust and Sarn Family Trust. The buyer was Investors Associated LLP of Oconomowoc, Wis.

  • Mobile commerce platform developer adds four new merchant members

    Giant Eagle, Rite Aid, ExxonMobil and Kum & Go are among the growing number of merchants to become members of the Merchant Customer Exchange’s group, which is made up of leading merchants dedicated to improving the shopping experience by offering consumers a widely accepted, customer-focused and secure mobile commerce platform.

    With these new member additions, more than 50 merchants are now part of MCX, representing more than 100,000 locations and more than $1 trillion in payments annually.

  • Reports: AmazonFresh could expand to San Francisco

    New York — Amazon's fresh food delivery service may be expanding to San Francisco, according to published reports.

    All Things Digital, a Dow Jones-owned website that reports on technology news, reported on several sightings in San Francisco of AmazonFresh trucks, as well as a recent job posting.

  • Newegg Marketplace starts holiday shopping season right

    Newegg, a leading electronics-focused e-retailer in the United States, is leveraging its record-breaking Black November sales for its Marketplace Division to drive additional sales this holiday season.

    Newegg Marketplace reported sales of 109% year-over-year, making this the second consecutive year of triple-digit growth.

    Newegg has also added Cooking.com, eBags.com, Griffin Technology, Overstock.com, Samy's Camera, Toys "R" Us and Babies "R" Us to its Marketplace this year.

  • Storefront partners with MTA to offer retail space in NYC subways

    New York -- Storefront, the online marketplace that connects artists, designers, and brands with retail space, has partnered with the New York Metropolitan Transportation Authority to offer unique retail space for rent in the New York City Subway.  

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