Mass Merchant

Dallas -- SRS Real Estate Partners has been selected to represent Shopko in the disposition of its outlot properties and vacant properties in 19 states across the Midwest and western United States.

The outlots range in size from 14,000 sq. ft. to 219,000 sq. ft., and the vacant properties range in size from 18,700-sq.-ft. retail locations to a 214,000-sq.-ft. industrial property.

Walmart and HumanaVitality have developed a unique way to incent people to eat healthier while promoting increased customer traffic at Walmart stores.

The companies on Wednesday morning launched a first-of-its-kind program called Vitality HealthyFood whereby Walmart offers a 5% discount on produce items to HumanaVitality members. The discount is loaded on a card in the form of a credit within five business days that can be redeemed on a subsequent trip to Walmart.

Chestnut Hill, Mass. -- WS Capital Partners, the institutional investment arm of WS Development, announced that it has completed the acquisition of Hilldale Shopping Center, a 474,000-sq.-ft. retail center located in Madison, Wis.

Anchored by Macy’s, Metcalfe’s Market, Sundance Cinemas and Target, Hilldale Shopping Center serves the entire Madison metropolitan area, including the nearby University of Wisconsin-Madison.

Honolulu -- Jones Lang LaSalle announced that it has been awarded the leasing and management of Hawaii Kai Towne Center, a 480,000-sq.-ft. mixed-use center located in Honolulu.

Jones Lang LaSalle's retail portfolio in Hawaii also includes Windward Mall on O’ahu, Queen Ka’ahumanu Center on Maui and the Kings’ Shops on Hawai‘i Island.

Jacksonville, Fla.-based Regency Centers has acquired Balboa Mesa Shopping Center, a 189,321-sq.-ft. infill shopping center anchored by a 42,247-sq.-ft. Vons grocery store.

Regency purchased the San Diego property for $59.5 million from Balboa Realty LLC.
 
Built in 1969, Balboa Mesa Shopping Center is also anchored by a 77,000-sq.-ft. Kohl’s and a 24,000-sq.-ft. CVS/pharmacy.

Reston, Va. -- Four in every five smartphone users – 85.9 million in total – accessed retail content on their device in July, according to a study by comScore. Amazon sites led as the top retailer with an audience of 49.6 million visitors, representing 46.6% of smartphone owners, followed by eBay with 32.6 million visitors and Apple with 17.7 million visitors.

Suffern, N.Y. -- Ascena Retail's net income plunged 94% in its fiscal fourth quarter, dragged down by costs related to its acquisition of Charming Shoppes Inc. Its adjusted earnings topped Wall Street's view.

Ascena, owners of the Dressbarn, Maurices and Justice, announced in May that it was buying Charming Shoppes, whose divisions include Lane Bryant, Fashion Bug and Catherines Plus for approximately $890 million. Ascena is in the process of closing Fashion Bug's stores.

MINNEAPOLIS — Target is opening its first store in East Peoria, Ill. in March 2013. The 135,000 sq. ft. store, located at Clock Tower Drive and West Washington Street, will be part of the 86-acre East Peoria Downtown development.

According to Target, the new store will feature the typical Target assortment along with a selection of fresh produce, fresh packaged meat and pre-packaged baked goods as well as a Starbucks and a Target Pharmacy to further enhance guests’ experience. The store will employ approximately 150 to 200 team members.