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Mass Merchant

  • No winner in murder case

    From a strictly legal standpoint Walmart may have prevailed this week in a case involving a customer who was murdered in its parking lot after a jury found the company wasn’t liable for inadequate security. Then again, the mere fact that Walmart had to appear in court to defend itself against charges stemming from a murder in its parking lot meant the company was a loser before the trial began simply because of the negative publicity.

  • Filicia launches bedding line on QVC

    WEST CHESTER, Pa.  -- Home decor expert Thom Filicia has debuted a new line on QVC. 

    Thom Filicia Designs for Living includes an exquisite assortment of top-of-bed pieces, including comforters, pillows, throws and sheet sets priced between $28 and $250.

  • Aldi to debut in New York City

    Queens, N.Y. -- Discount grocer Aldi said Thursday it will open its first-ever New York City store on Feb. 18. The new store is located in the borough of Queens.

    Aldi, which offers a limited assortment of items, said it will bring its standard floorplan to Queens, which includes wider-than-typical 8-ft. aisles.

    The Queens store is the first of three grocery stores the company plans to open in the area, including new locations in the Bronx and Bay Shore areas.

  • Target makes changes to corporate donation policy

    New York City -- Target Corp. has updated its corporate donation policy following a corporate review that occurred in the wake of the backlash surrounding the company’s $150,000 donation last summer to a group that ran ads supporting Minnesota gubernatorial candidate Tom Emmer, according to the Minneapolis/St.Paul Buisness Journal. The donation resulted in much controversy for the chain due to Emmer’s anti same-sex marriage stand.

  • Report: Tesco growth to outpace competitors

    London -- A survey released Thursday said sales growth at Britain's Tesco PLC, the world's third biggest retailer, will outpace its major international rivals -- including Wal-Mart Stores -- in coming years as it expands in Asia, the Associated Press reported.

    The report by London-based food and grocery analyst IGD says that Tesco will grow its business at a compound annual rate of 7.5% between 2010 and 2015, taking sales to euro106 billion ($143 billion).

  • Kroger executive VP Donald Becker dies at 62

    Cincinnati -- Kroger Co. announced late Wednesday that executive VP Donald E. Becker died Wednesday after suffering an aneurysm. He was 62 years old.

    Becker started with Kroger as a clerk in 1969 in the Cincinnati-Dayton area and worked his way up to hold several leadership positions. In 2004, he became executive VP, a role in which he led the company's merchandising and purchasing among other duties, the company said in a statement.

  • NRF forecast: 2011 retail sales to rise 4%

    New York City -- The National Retail Federation said Thursday that it expects retail sales growth of 4% this year, the biggest increase since 2006.

    However, the group warned that shoppers are likely to remain cautious as they cope with slow job growth and rising prices.

    The NRF said it expects retail sales to reach $2.47 trillion in 2011, up from $2.37 trillion in 2010, excluding automobiles, fuel and restaurants.

  • CityTarget is name for retailer’s small format

    Minneapolis -- Another Target store is coming to downtown Chicago as the retailer disclosed it would open a small-format store under the new CityTarget banner in the Sullivan Center development at South State Street and Madison.

  • Bone Fish Grill among two new tenants at Chapel Hill Shopping Center

    Middletown, N.J. -- Fameco Real Estate, L.P. said that Bone Fish Grill and Hand & Stone Massage have signed leases at the Chapel Hill Shopping Center, in Middletown, N.J.

    Chapel Hill Shopping Center is a 64,507-sq.-ft. community shopping that was renovated four years ago and is anchored by a 45,000-sq.-ft. Whole Foods supermarket.

    Bone Fish leased a 5,400-sq.-ft. endcap position. The restaurant is expected to open in September. Hand & Stone leased 3,600 sq. ft. of in-line space. The retailer is expected to open in April.

  • SPL Realty Partners opens in southern California

    Santa Monica, Calif. -- Real estate broker Scott P. Lifschultz announced he has formed SPL Realty Partners, a retail real estate brokerage and consulting company.

    Current clients include CVS/pharmacy, Dean & Deluca, LandMark Retail Group, Johnny Was, Casual Male Retail Group and Destination XL. Based in Santa Monica, Calif., the company’s services include tenant representation, strategic planning, site selection, transaction management, owner representation, leasing & marketing, consulting and investment sales.

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