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Mass Merchant

  • Kronos Retail Labor Index reaches highest level since August 2008

    Chelmsford, Mass. -- The ratio of retail hires to applicants has gone up to the highest number since August 2008, rising to 4.8% in October, according to the Kronos Retail Labor Index. (The Index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3% means that for every 100 applications received, three hires occurred.)

  • ShopRite of West Milford gets planning board nod

    West Milford, N.J. -- Inserra Supermarkets has been granted final site plan approval for the renovation and expansion of West Milford Shopping Center, which includes a 65,925-sq.-ft. ShopRite.

    The 100,000+-sq.-ft. retail center’s tenant roster includes Wells Fargo Bank, Rite Aid, Frank’s Pizza and Just a Buck, and adjoins a free-standing McDonald’s restaurant.

  • Deal$ to open 10,000+-sq.-ft. store on West 145th Street

    New York -- Winick Realty Group said that discount chain Deal$ has signed a lease for 10,624 sq. ft. at 301 West 145th St., located on the southeast corner of Frederick Douglass Boulevard.

    The store, which is scheduled to open in spring 2013, sits at the base of The Langston Condominium, a sold-out, 179-unit luxury residential building that already houses retail tenants such as Bank of America, Starbucks and New York Sport Club.

    Deal$ is an affiliate of Dollar Tree Stores.

     

  • Department stores strong in October, led by Nordstrom

    New York -- As the holidays approach and retailers are still recovering from Hurricane Sandy, October same-store sales results showcased consistent strength in the department store category.

    Nordstrom led the pack with a 9.8% rise in same-store sales for the month, and Macy’s Inc. had a solid showing as well.

  • NCR to install 10,000 self-checkouts in Walmart stores

    Duluth, Ga. -- NCR Corp. announced that it will be installing 10,000 SelfServ Checkout lanes to more than 1,200 Walmart locations in the United States during 2013.

    Financial terms of the deal were not disclosed.

    Walmart’s expansion of self-service options continues its commitment to offer customers the choice in how they want to check out, improving the overall checkout and customer service experience.

  • Walmart brings back Facebook giving campaign

    BENTONVILLE, Ark. — Walmart has launched its 2012 "12 Days of Giving" campaign by calling on Facebook users to once again nominate the nonprofits that are making an impact in their local communities and need support. Each of the "12 Days" will focus on a different giving theme, including hunger, military assistance and disaster relief.

  • Destination Maternity announces new credit facility

    Philadelphia -- Destination Maternity Corp. announced that it has entered into a new $61 million revolving credit facility with Wells Fargo Bank, N.A.

    The new credit facility replaces the retailer's $55 million revolving credit facility with Bank of America, N.A., which was due to mature on January 13, 2013.

     

  • Tyco Retail Solutions offers better theft protection

    BOCA RATON, Fla. — Tyco Retail Solutions, a provider of retail performance and security solutions sold direct and through authorized business partners worldwide, has expanded its portfolio of Sensormatic acousto-magnetic Electronic Article Surveillance (EAS) hard tags and alarming wraps. The newly available tags address many high theft, high velocity categories and give retailers a broad, comprehensive solution to protect their entire store, the company said.

    The New Sensormatic Tag Portfolio includes:

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