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Mass Merchant

  • Douglas Development acquired mixed-use building

    Washington, D.C. -- Douglas Development announced that it has purchased a new mixed-use property in Chinatown DC. The 10,000-sq.-ft. building includes three levels of office space and 4,000 sq. ft. of street-level retail.
         
    Douglas Development acquired the property from Washington, D.C.-based law firm Wingfield & Ginsburg, which has since leased back all of the office space from Douglas Development.
          

  • Walmart faces new factory disaster in Bangladesh

    Walmart and other retailers are facing renewed criticism over their global sourcing practices following another factory disaster in Bangladesh.

    Reuters is reporting that a block of garment factories and shops collapsed in Savar, 20 miles outside Dhaka, on Wednesday, killing 251 people and injuring more than a thousand. According to the report, an unknown number of the more than 3,000 people who work at the factory remain trapped inside. For more information, go to:

  • Orvis to open at Village at Leesburg

    Leesburg, Va. -- Cypress Equities said that Orvis will open a new store at the 1.2 million-sq.-ft. Village at Leesburg mixed-use project in Leesburg, Va.

    Orvis will occupy 6,022 sq. ft. in a new 13,000-sq.-ft. retail building currently under construction. Orvis is slated to open in fall 2013.

  • Safeway sales suffer, shares drop

    PLEASANTON, Calif. — Safeway shares dropped dramatically as the company reported $10 billion in sales for its first quarter 2013 ended March 23, which is essentially flat as compared to the first quarter of 2012. An identical-store sales increase of 1.5% (excluding fuel) was offset primarily by the disposition of Genuardi's stores in 2012 and lower fuel sales in 2013.

     

  • Former Bon-Ton, Terrier execs join apparel supplier board

    NEW YORK — Hampshire Group, a leading provider of sportswear and fashion apparel, has appointed two new board members, following Richard Mandell’s resignation from the board.

     

    “We’d like to express our appreciation to Dick for his four years of service as a Hampshire board member and we look forward to benefitting from the experience and valuable perspectives that Bobby and Frank will bring to the board,” said Peter Woodward, chairman of Hampshire’s board of directors.

     

  • Supervalu loss widens in Q4

    New York -- Supervalu Inc., which recently divested 877 supermarkets in a $3.3 billion transaction, reported Wednesday a loss of $179 million in the fourth quarter, widened from $42 million in the year-ago period.    

  • Harley-Davidson rides with Craftsman

    Craftsman and Harley-Davidson have teamed up to produce co-branded, special-edition tool storage products available now in Sears stores and online.

    As part of the partnership, Craftsman — the tool brand owned by Sears Holdings — has been named the official hand and power tool sponsor of the Harley-Davidson 110th Anniversary Celebration. 

  • OfficeMax’s disability hiring program recognized

    NAPERVILLE, Ill. — OfficeMax has been awarded the National Employment Team 2013 “Private Sector Business of the Year” by the Council of State Administrators of Vocational Rehabilitation (CSAVR) for its commitment to employing people with disabilities, including veterans.

    OfficeMax is one of two organizations — and the only private sector company — to receive this year's CSAVR distinction.

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