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Mass Merchant

  • Crossroads at Terrell to break ground late next year

    Dallas — The Retail Connection and Oakridge Investments have announced a partnership to build the Crossroads at Terrell, a regional power center at the intersection of I-20 and U.S. Highway 80 in Terrell, Texas. The 225,000-sq.-ft. Phase I of the development will break ground late next year.

  • Meijer opens new supercenter in Danville, Ill.

    Grand Rapids, Mich. — Meijer will open a 190,000-sq.-ft. supercenter in Danville, Ill., on Nov. 7, the sixth new Meijer store to open this year.

    The family-owned retailer, which opened its first store in 1934, now has 204 stores throughout the Midwest.

     

  • NRF: Retailers add 37K jobs in October

    Washington, D.C. – The National Retail Federation calculated retail industry job gains at 37,600 in October 2013, and 295,000 year-over-year, a 2.4% increase from 2012. Job gains were seen in every retail sector with the exception of clothing and clothing stores, which witnessed a contraction of 12,500 positions in September.

    In its annual holiday sales and employment forecast, NRF predicted that retailers would see a 3.9% increase in sales and hire an additional 720,000 to 780,000 employees this holiday season.

  • Kroger to invest $150 million in Dallas expansion

    Dallas -- During the next 24 months, Kroger will invest $150 million in North Texas to build five new Marketplace stores and to expand three locations, along with opening multiple fuel centers and remodeling existing properties. The growth initiative will create more than 1,700 full- and part-time career opportunities that offer competitive pay, healthcare plans, retirement options, product discounts and other incentives.

  • Walmart’s new green brand may have Clorox seeing red

    The five year old Green Works brand from Clorox is facing new competition on the natural products front following the launch of Walmart’s Great Value Naturals cleaning products.

    Walmart said the introduction of Great Value Naturals furthers its commitment to making eco-friendly products more accessible and affordable and will be available in more than 2,000 stores and online.

    Clorox introduced its Green Works brand in early 2008 and the line was prominently featured in Walmart promotional vehicles at the time.

  • DSW, Havertys to Fort Worth’s Alliance Town Center

    Fort Worth, Texas — Trademark Property Co. has announced the opening of a 15,000-sq.-ft. DSW Designer Show Warehouse and a 35,000-sq.-ft. Havertys, a full-service home furnishings retailer, in Alliance Town Center in north Fort Worth, Texas. Both are scheduled to open Labor Day weekend of 2014.

    Construction is scheduled to begin late this year or early next year on both stores. In addition, construction continues on several other tenants, including two new eateries scheduled to open this December.

  • Gap grows Q3 sales

    San Francisco – Gap Inc. reported increased net and same-store sales during the third quarter of fiscal 2013 in a partial financial release. Gap’s third quarter net sales grew 3% and same-store sales grew 1% compared to the prior year.

    In addition, Gap’s same-store sales grew 4% in October 2013. The retailer will release full third quarter earnings results on Nov. 21, 2013.

     

  • Best Buy opens many stores 6 p.m. Thanksgiving

    Richfield, Minn. – Best Buy is the latest major retail chain to prepare for an early start to Black Friday. More than 1,000 Best Buy stores in 47 states will open their doors at 6 p.m. Thanksgiving night and stay open till 10 p.m. on Friday, Nov. 29.

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