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Mass Merchant

  • Dollar Tree opens at Applegate Ranch Shopping Center

    Atwater, Calif. -- Jacksonville, Fla.-based Regency Centers said that Dollar Tree has leased retail space in Atwater, Calif., at Applegate Ranch Shopping Center.

    Dollar Tree leased 9,264 sq. ft. and is now open. The 464,136-sq.-ft. shopping center is anchored by a Super Target, Walmart, Marshalls and Petco.
     

  • Mobile survey: 37% of retailers now have a mobile site

    Chicago -- The third annual Mobile Audit, released Thursday by e-commerce and digital marketing company Acquity Group, found that mobile adoption is on the rise. In fact, the percentage of retailers with a mobile site reached 37% in 2011, up from 12% in 2010 and only 4% in 2009 – a 210% increase over the past year alone.

  • OfficeMax profit edges up in Q3 amid declining sales

    Naperville, Ill. -- OfficeMax reported Thursday that net income for the quarter ended Sept. 24 rose to $21.5 million, compared with $20 million in the year-ago period.

    Sales dipped 2.1% to $1.77 billion from $1.81 billion, barely meeting Wall Street’s expected $1.807 billion. Same-store sales dropped 4.3%.

    “We remain focused on driving operational efficiencies as we position the company for long-term growth," said Ravi Saligram, president and CEO, OfficeMax.

  • Pet Supplies Plus executive chairman retires

    FARMINGTON HILLS, Mich. — Pet Supplies Plus, the third-largest pet specialty retailer in the United States, announced that Harvey Solway, executive chairman of the company, is retiring effective Dec. 31.

    Solway, 60, began his twenty-year career with Pet Supplies Plus as EVP and general counsel and served as the company's CEO from January 1993 through June 2011. Solway led PSP through its formative years and was instrumental in growing the business to its 92 corporate and 159 franchise stores today, the company reported. 

  • Footlocker opens at Hancock Center

    Austin, Texas -- Jacksonville, Fla.-based Regency Centers said that Footlocker has opened at Hancock Center, located in Austin, Texas. The retailer opened a 2,946-sq.-ft. store, and will be joined by Family Chiropractic, which is slated to open an 1,100-sq.-ft. center in November.

    The 410,437-sq.-ft. neighborhood center is anchored by a 90,217-sq.-ft. H-E-B alongside national retailers such as Petco, Quiznos and 24 Hour Fitness.
     

  • Dollar General toy competition no child's play

    Walmart is facing some stiff competion for toy sales with Dollar General, as the company announced that it is going to head-to-head with toy retailers and discounters alike by offering more than 300 toys for $5 or less.

  • KeyPoint Partners to manage, lease Crossings at Fox Run

    Newington, N.H. -- Burlington, Mass.-based KeyPoint Partners said it has been awarded the property management and leasing contracts for The Crossings at Fox Run, a 475,000-sq.-ft. power center in Newington, N.H.

    The property will be handled out of the firm’s Burlington, Mass., corporate headquarters. Heitman LLC awarded the contracts.

  • Brixmor names regional executive

    New York City -- Brixmor Property Group said Wednesday it has appointed Thomas W. Litzler as senior VP, central region.

    Based in Chicago, Litzler will serve as the asset manager for the region, directing leasing, property operations and redevelopment activity for 11.7 million sq. ft. of community and neighborhood shopping centers in Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri and Wisconsin.

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