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Mass Merchant

  • Survey: Fewer people applying for retail jobs

    Chemsford, Mass. -- Fewer people applied for jobs in the retail sector in June, according to the July Kronos Retail Labor Index.  The July report includes data for June 2011.

    The number of applications received by retailers in the Kronos sample fell sharply in June 2011, to just 900,164 from a revised 1,149,879 in May, all on a seasonally adjusted basis. This was the lowest number of applications received since November 2007 and nearly 17%  below its level one year ago. 

  • Walmart to build new supercenter in Maryland

    Denton, Md. -- Walmart will break ground on a new supercenter in Denton, Maryland, the week of September 19. The 152,888-sq.-ft.  store will also feature a Subway.

    Walmart currently operates 35 stores and 12 Sam's Clubs in the state of Maryland.

  • Ahold looks to bring in local/diverse suppliers for its stores

    CARLISLE, Pa . — The U.S. subsidiary of Dutch supermarket operator Royal Ahold is hoping to attract local and diverse suppliers to its stores in the markets in which it operates.

  • Five Below opens five stores in Detroit market, sees potential for 25

    New York — Five Below on Friday made its Michigan debut, opening five stores in the Detroit metro area. The chain specializes in “extreme value” merchandise for teens and pre-teens, with no item priced more than $5.

  • Topshop to open in Vegas

    New York — U.K. fashion retailer Topshop in March will open its third U.S. location, a 20,000-sq.ft. Topshop/Topman flagship in Las Vegas’ Fashion Show Mall.  

     As previously reported,  the company’s second U.S. store is due to open this fall, in Chicago. 

  • Francesca’s prices IPO

    New York — Francesca's Holdings Corp. will price its initial public offering of 10 million shares between $14 and $16 a share, the Houston Business Journal reported. 

    The women’s specialty apparel retailer will trade on the Nasdaq Stock Exchange, under the ticker symbol FRAN, the report said.

    In March 2011, private equity firm CCMP Capital acquired a controlling interest in Francesca’s, which operates 160 stores. 

  • Lucescu Realty opens Phoenix office, sells The Promenade in Scottsdale

    Newport Beach, Calif. — Lucescu Realty said it has opened a new regional office in Phoenix, its second office outside its California headquarters. The company recently opened a Las Vegas office and plans to open a San Francisco presence by year-end 2011.

    In other company news, Lucescu Realty said it completed the sale of The Promenade in Scottsdale, for $110 million.  Lucescu Realty represented the seller, a local private investor, and procured the buyer, Excel Trust of San Diego. 

  • CBL announces anchor redevelopments, expansion at Monroeville Mall

    Monroeville, Pa. — Chattanooga, Tenn.-based CBL & Associates Properties Inc. has announced a series of anchor redevelopments at Monroeville Mall in Monroeville, Pa., including the relocation of J.C. Penney to a new 110,000-sq.-ft. store on the upper level of the former Boscov’s location.     

    Additionally, the current J.C. Penney location will be redeveloped into a new state-of-the-art 12-screen Cinemark Theatre. 

  • Coyote Management names Chapel Hills Mall marketing director

    Addison, Texas — Coyote Management, L.P. said that Jennifer Hillard will join Coyote Management starting July 18 as the new marketing director at the1.2-million-sq.-ft. Chapel Hills Mall, located in Colorado Springs, Colo. 

    Hillard was previously field communications manager/field trafficking manager at General Growth Properties, Chicago.     

  • Payless to open at Marlton Crossing

    Marlton, N.J. — Centro Properties Group US announced that Payless ShoeSouce will open a 3,057-sq.-ft. store at Marlton Crossing, located in Marlton, N.J.    

    Centro, based in New York City, owns the shopping center.

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