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Mass Merchant

  • TJ Maxx to open Wall Street store

    New York City -- Winick Realty Group said that TJ Maxx has leased its first Wall Street location, in the heart of New York City’s Financial District.

    The 32,000-sq.-ft. store, which spans two lower levels at 14 Wall Street on the corner of Broad Street, is slated to open in October.

  • Market Track: August 2011

    In the month of August, there was an overall 2% decline in pages and 5% decline in inserts per market versus 2010.

    Lowes was one of the retailers who slowed promotional activity in 2011, by entirely pulling out two weeks of 2-page inserts and by decreasing their page-per-flyer count by an average of 4 pages.

  • DDR announces new name, tagline and brand identity

    Beachwood, Ohio -- Developers Diversified Realty Corp. announced Monday that it will officially change its name to DDR Corp., and adopt its New York Stock Exchange ticker symbol and most commonly referred identity, DDR, as its official brand name.

    The company also unveiled a new logo, tagline and brand identity.

  • Market Track shows Target largely unchanged in August

    It was steady as she goes for Target and many other retailers in terms of circular promotional activity in August, according to the last marketing insights from Market Track. There were a few instances where the number of pages per circular increased noticeably even if the number of circulars distributed was fairly consistent. For example, Walmart, Safeway and Best Buy saw the largest increase in pages while Lowe’s, JCPenney and Home Depot were the biggest decliners.

  • Jo-Ann Fabric and Crafts to open in former Borders space

    Wyomissing, Pa. -- Phoenix-based Cole Real Estate Investments said Monday that it has executed a lease with Jo-Ann Fabric and Craft Stores in Wyomissing, Pa., for approximately 25,000 sq. ft., backfilling a former Borders location.

    The in-line store is located adjacent to OfficeMax, Toys “R” Us and Old Navy.

  • ODP strengthens Canadian presence with new website

    ATLANTA — Canada's importance to the retail industry continues to grow, made evident by the recent news that Office Depot has engaged ShopVisible, a leading provider of on-demand e-commerce, social commerce, and mobile commerce solutions, to launch the retailer’s new Canadian-facing e-commerce site.

  • Coreland Cos. names new hire

    Tustin, Calif. -- Coreland Cos. of Tustin, Calif., announced that Kim Talley has been named senior associate, retail brokerage.

    Talley was previously senior associate with CB Richard Ellis. She has completed transactions with TJ Maxx, Wells Fargo, TruValue Hardware, Starbucks and Citibank.

  • An old story gets new life

    The wheels of justice turn slowly. So slowly in fact that just last week a former adviser to President George W. Bush was stripped of his license to practice law in Washington, D.C. for one year in connection with a fraudulent return scheme perpetuated at Target and other retailers in early 2006.

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