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Mass Merchant

  • Christmas comes early with Neiman Marcus deal

    The holiday hype has begun, and Target this week launched one of the first salvos, announcing an innovative partnership with 24 designers and the upscale department store chain Neiman Marcus.

  • LA Fitness to open at Old Town Shopping Center

    Dallas -- Venture Commercial said that LA Fitness has signed a long-term lease to build a 45,000-sq.-ft. facility in the Old Town Shopping Center in Dallas, on the site of a former Borders bookstore.

    LA Fitness has begun razing the existing building on behalf of the landlord, preparing the site for construction of a new prototype club, which is expected to open around the end of the year.

  • Half Price Books to open at Fayette Place

    Lexington, Ky. – Tarrytown, N.Y.-based DLC Management Corp. sad that Half Price Books will open a new store at Fayette Place, located in Lexington, Ky.

    The 8,976-sq.-ft. junior anchor will join Marshalls, Shoe Carnival, Pier1 Imports, Outback Steakhouse and Dollar Tree in the neighborhood shopping center.

    It will be the second Half Price Books location in the Lexington community.
     

  • Finish strong: heat and holiday timing to aid July sales

    After a weaker-than-expected showing in June, Target needs a solid performance in July to deliver on its second quarter sales and profit expectations.

    June same-store sales increased a modest 2.1%, well below a 4.4% increase in May, but the deceleration didn’t cause the company to adjust its second quarter guidance. The company expects second quarter earnings adjusted to exclude expenses related to its entry in Canada to range from $1.04 to $1.14 and earnings that include the Canadian costs to range from 94 centers to $1.04.

  • Crazy 8 to open at Discover Mills this fall

    Lawrenceville, Ga. – Indianapolis-based Simon Property Group said that Crazy 8 will open a store at its Discover Mills property, Atlanta’s largest outlet, value retail and entertainment destination.

    Gymboree Corp.’s Crazy 8, slated to open this fall, will join newly announced tenant Old Navy Outlet at the center.

    Discover Mills features more than 180 retailers, as well as four full-service restaurants and entertainment venues.
     

  • Top 10 Stories of the First Half of 2012

    Having past the calendar’s mid-point, we thought it would be interesting to take a look at the most viewed stories of the year to date on Chainstoreage.com. (Based on the results, it’s clear that J.C. Penney is shaping up as THE story of 2012.) Here are the Top 10 stories of the first six months:

  • Asda selects Manhattan Associates solution to manage e-commerce business

    New York – To help manage its rapidly growing e-commerce business, Walmart’s Asda division in the United Kingdom has selected multiple components of Manhattan Associates supply chain solutions portfolio known as Scope.

    Asda Direct, the retailer’s general merchandise ecommerce operation, will deploy the supply chain solutions within several distribution centers across the United Kingdom and leverage the Manhattan Associates Supply Chain Process Platform.

  • Retailer container traffic to see uptick in July

    Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to increase 1.6% in July compared with the same month last year, and modest year-over-year increases are expected through the holiday season shipping cycle, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates.

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