Mass Merchant

Hoffman Estates, Ill. -- Kmart announced it is extending its integrated retail shopping strategy, which connects online and in-store shopping channels to provide more flexible ways to shop, to customers in Puerto Rico. For the first time this holiday season, Puerto Rico-based Kmart customers and Shop Your Way members will have access to online layaway, store-to-home shipping, free Anyone, Anywhere pickup and free store pickup.

Denver — Transwestern’s Denver office has announced that it brokered the acquisition by Nursery Acres L.P. of a 75,330-sq.-ft. Cabela’s retail store in Grand Junction, Colo. Built in 1983, the store sits on a 6.76-acre lot at Mesa Mall.

Transwestern represented the buyer, Nursery Acres, which purchased the building to complete a 1031 exchange. The company plans to keep the property long-term. Faris Lee represented the seller, Macerich Mesa Mall Holdings LLC.

Sears Holdings is considering spinning off its Lands’ End and Sears Auto Center brands as part of a wide-ranging strategic review of its business. The company’s Sears Canada subsidiary has also sold five Canadian store leases to Cadillac Fairview Corporation Limited for about $383.4 million.

Bentonville, Ark. – Gearing up for the holidays, Wal-Mart announced that it expects to promote more than 160,000 associates to jobs with higher pay and more responsibility this year, including 25,000 promotions during its fourth quarter.

New York -- Martha Stewart Living Omnimedia Inc. has named board member Daniel W. Dienst, who most recently served as CEO of Sims Metal Management, as CEO. The position has been vacant since December, when chief executive since Lisa Gersh left the media and merchandising company.

Dienst served as chairman and CEO of Metal Management Ltd. from 2003 to 2008, when it was sold to Sims. He then took the helm at the newly combined company.

Pittsburgh – Dick’s Sporting Goods opens five new stores across the U.S. on Nov. 8. The stores will be located in Dover, Del., Palm Desert, Calif., West Des Moines, Iowa, Sioux Falls, S.D., and Findlay, Ohio.

Dick’s will operate a total of 554 stores in the U.S. upon opening the five new stores. The Sioux Falls store will be the chain’s first store in South Dakota. This total will include three in Delaware, 32 in California, five in Iowa, and 38 in Ohio.

Dallas — SRS Real Estate Partners’ southeast investment sales team has closed five retail shopping center sales since August. The transactions total more than $60 million and over 575,000 sq. ft. of retail real estate. Here are the details:

Brentwood, Tenn. — Tractor Supply Co. has announced the opening of its first store in Wyoming. The new store marks Tractor Supply’s continuing expansion in the Western U.S.

The new store in Rawlins opened for business on October 19 and will hold a grand opening event on Oct.26. As of Sept. 28, Tractor Supply operated 1,245 stores in 47 states.