Mass Merchant

Los Angeles -- CBRE Group released research findings on Tuesday that showed Hong Kong’s continued top position as the world’s most expensive global retail market, recording prime rents nearly 150% higher than New York City.

London ranked third, with prime rental rates 400% lower than Hong Kong’s.

BENTONVILLE, Ark. — Walmart has announced plans to conduct in-depth safety inspections at every single factory in Bangladesh that produces goods for the retailer. The company says it aims to complete all reviews within six months and publicly release the names and inspection information on all 279 factories.  

CINCINNATI — Kroger has named Scott M. Henderson VP of pension investment and strategy and Todd A. Foley VP and treasurer.

Henderson currently serves as Kroger's VP and treasurer, a position he has held since 2003. He will lead a new team that is responsible for overseeing nearly $12 billion of assets.

Goodlettsville, Tenn. – Dollar General plans to hire 10,000 new employees this month. As part of the effort, the discount retailer will host a nationwide career fair at 170 locations in 40 states on May 18.

Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 3.3% in May over the same month last year, but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates.

Slidell, La. -- Dillard’s will anchor the fashion-oriented Phase II of Fremaux Town Center in Slidell, La., according to co-developers CBL & Associates Properties, based in Chattanooga, Tenn., and Stirling Properties out of Covington, La. Phase I of the project is currently under construction with approximately 330,000 sq. ft. anchored by Kohl’s, Dick’s Sporting Goods, Michael’s, T.J. Maxx, and Best Buy. Phase II will include up to 320,000 sq. ft. of additional retail space.

CITY OF INDUSTRY, Calif. — Walmart plans to offer two TP-Link portable wireless networking products in 800 of its stores nationwide. TP-Link is a global provider of networking products.

The set of products which will be available on select Walmart store shelves are the 150Mbps Wireless N Nano Router and the TP-Link Portable Battery Powered 3G/4G Wireless N Router. 

Cheshire, Conn. -- WS Development, based in Chestnut Hill, Mass., announced plans to build an open-air shopping, dining and entertainment complex in Cheshire, Conn., called The Outlets at Cheshire.

The center will also include public open space, walkways, recreation amenities, a residential component and full service grocer.