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Mass Merchant

  • Sabre Real Estate names execs

    Garden City, N.J. -- Sabre Real Estate Group said that Beth Lamport has joined the firm as executive VP.

    Previously a director at Breslin Realty, Lamport also was a broker at Polimeni Realty and spent more 20 years as a marketing executive at Federal Department Stores, which owned Macy’s, Bloomingdale’s, Filene’s and Stern’s and now is known as Macy’s Inc.

  • Super Supplements to open at Walker Center

    Beaverton, Ore. -- Jacksonville, Fla.-based Regency Centers said that regional vitamin and supplement retailer Super Supplements has leased 4,165-sq.-ft. of space at Walker Center, located in Beaverton, Ore.

    The new store is slated to open for business in spring 2012.
     
    The 89,609-sq.-ft. shopping center features national retailers such as Massage Envy, Five Guys Burgers and Fries, and Jimmy John’s Gourmet Sandwiches.
     

  • Versona Accessories to open at Lakeside Village

    Lakeland, Fla. -- Columbus, Ohio-based Casto said that Versona Accessories will open its newest store on November 17 at Lakeside Village, in Lakeland, Fla.

    The women’s accessories retailer is a concept of The Cato Corp.
     

  • Target’s gift cards makes for interesting viewing

    New York City -- Target Corp. is in a class by itself when it comes to gift cards, offering a broad selection to suit all ages. In fact, the cards are so unusual that the retailer patents them, according to the Minneapolis/St. Paul Journal.

    Click here to read the full story and see a slide show of some of Target’s most unusual gift cards.
     

  • Carphone Warehouse to sell U.S. joint-mobile stake to Best Buy, and close U.K. Best Buy stores

    New York City -- Best Buy Co. said Monday it is buying out its joint venture partner, Carphone Warehouse Group PLC, in its fast-growing North American mobile business for $1.34 billion. As part of the reorganization of its relationship with the U.S. consumer electronics giant, Carphone Warehouse will shutter the 11 pilot big-box Best Buy stores it opened last year in the United Kingdom.

  • See if the recession is over at 12:01 a.m., Dec.1

    Economists may be feeling good after a government report that showed third-quarter GDP grew at 2.5%, but try telling millions of Americans who shop at Walmart stores at 12:01 a.m. on the first of the month that the nation is no longer in a recession.

  • Mac Naughton didn’t really have anything new to say

    Walmart EVP merchandising Duncan Mac Naughton spoke at two events this week in Northwest Arkansas, and he said essentially the same thing on both occasions. Two weeks earlier during a supplier summit event at the retailer’s home office, he said basically the same thing, according to those in attendance. And the comments at the supplier summit were essentially the same as those shared with members of the financial community during a mid-October analysts’ meeting or back in August.

  • Momentum is familiar theme for Mac Naughton

    It’s working. That was the message Walmart EVP merchandising Duncan Mac Naughton shared this week with those who attended several events in which Walmart’s head merchant offered his perspective on the back-to-basics operational and merchandising philosophy on which the company’s U.S. strategy is once again dependant.

  • Chief merchant out at OfficeMax

    NAPERVILLE, Ill. — OfficeMax Friday announced that Ryan Vero, EVP and chief merchandising officer will be leaving the company effective Dec. 2. The company, which did not specify the reason for Vero's departure, said it has already started its search for a replacement. Michael Lewis, EVP and president of retail, will continue to provide oversight to the marketing and merchandising teams.

  • Simon files lawsuit against State of Indiana

    Indianapolis -- Shopping mall owner Simon Property Group said Friday it has filed a complaint against the State of Indiana in Marion County Circuit Court.

    The suit is not for monetary damages but is a move to try and force the state to make Amazon.com collect sales tax in order to erase Amazon’s pricing advantage over brick-and-mortar retailers.
     

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