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Mass Merchant

  • Target inks supplier deal for Canadian stores

    STELLARTON, NS  and MINNEAPOLIS — Details for Target's entry into Canada continue to fall into place as the retailer announced last week a long-term wholesale distribution agreement with Sobeys Inc.

    Beginning in early 2013, Sobeys will supply Target’s food and grocery requirements for frozen, dairy, and dry grocery products, inclusive of both national brand and Target’s private label brands.

  • Macy’s to increase holiday hires by 4%

    Cincinnati -- Macy’s said it plans to hire approximately 78,000 seasonal associates for its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2011 holiday season. The total is up about 4% from the approximately 75,000 seasonal associates the chain hired last year.

    “We expect additional hiring this year given the continued sales growth in our business – both in-store and online,” said Terry J. Lundgren, Macy’s, chairman, president and CEO.

  • Holiday spending intentions bode well for value retailers

    SCHAUMBURG, Ill. — New research from Nielsen shows consumers will be practical and focused on value during the upcoming holiday season, which bodes well for Target as one on the nation’s leading toy retailers and top destination for gift givers.

  • Pier 1 to open three new metro NYC locations

    New Rochelle, N.Y. -- Welco Realty, an X Team Partner, said it has arranged a lease representing Pier 1 Imports for Rego Center, in Queens, N.Y., for 8,500 sq. ft.

    The firm represented both the landlord and tenant for leases at Bay Plaza Shopping Center, Bronx, N.Y., for 9,599 sq. ft. and at Summerhill Square, in East Brunswick, N.J., for 9,000 sq. ft.
     

  • RILA praises California ‘e-fairness’ legislation

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) thanked California Governor Jerry Brown for signing legislation that would help level the playing field between online-only retailer Amazon.com and brick-and-mortar stores across California.

  • Target finalizes its real estate in Canada; signs deal with Sobeys

    Minneapolis -- Target Corp. said Friday that it has finalized its real estate transaction with Canadian retailer Zellers with the selection of 84 additional Zellers leases. Target Canada will open between 125 and 135 stores, most by 2013. The discounter also entered into a deal with Sobey’s, Canada’s second largest supermarket chain, to supply its stores with food.

  • Bay Area Family Fitness Centers to open in San Jose, Calif.

    Walnut Creek, Calif. -- Grubb & Ellis Co. said that Bay Area Family Fitness Centers has leased 38,133 sq. ft. of retail space at Gould Shopping Center, in San Jose, Calif.

    The space will serve as the second location for the company, which markets affordable fitness. It is expected to open by year-end.
     

  • CBL to acquire Northgate Mall

    Chattanooga, Tenn. -- CBL & Associates Properties said Thursday that it has agreed to acquire Northgate Mall in CBL’s hometown of Chattanooga, for $11.5 million in cash.

    The mall was listed for sale through an online auction. CBL anticipates closing on the transaction by Oct. 6.

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