Mass Merchant

Concord, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased space to two new restaurant tenants at Clayton Valley Shopping Center, located in Concord, Calif.

Five Guys Burgers and Fries has leased 2,400 sq. ft., and Dickey’s Barbecue Pit will open fall 2011 in a 1,740-sq.-ft. space.

The 260,000-sq.-ft. shopping center is anchored by Orchard Supply Hardware alongside national retailers such as Ross Dress for Less, Fresh & Easy and CVS/pharmacy.
 

The retirement of veteran merchant John Westling was announced internally at Walmart last Friday, and in typical fashion his departure has created new opportunities for other executives as responsibilities are reallocated.

Walmart pulled out of Korea a few years ago and may not be paying much attention to the market, but there are some interesting things happening there. For example, Tesco has developed an interesting shopper marketing solution that appeals to time-starved Korean commuters. The strategy could be applied to other urban areas where hordes of smart phone wielding commuters have embraced QR codes and ride well maintained mass transit systems. Even though those requirements rule out most U.S.

Purchase, N.Y. -- A report released Thursday by MasterCard Advisors said that total retail sales in July sustained momentum despite inconsistencies in other areas of the economy.

According to MasterCard SpendingPulse, which tracks national retail and service sales, excluding auto sales retail sales in July 2011 grew by 8.7% year-over-year. 

Retail sales are on par with the average growth of the previous three months.

The ongoing emphasis on expense reduction and every day low prices saw Walmart curtail its promotional activity during July, according to the last monthly report from Market Track examining promotional activity at the nation’s leading retailers. Click here to see results for the nation’s top 15 retailers.

Walmart’s policy of prohibiting employees from accepting the smallest of gratuities has been in place for a long time and for good reason. Veterans of the company will tell you that early on it was a key driver of success because there was a time when the retail industry was rife with merchants who tended to make buying decisions that were in their best interest as opposed to those of customers.

Atlanta -- Jones Lang LaSalle announced it has been chosen for 13 new retail services assignments including property management, leasing and accounting services for a variety of owners throughout the United States.

During the first half of 2011, Jones Lang LaSalle has added 22 new retail assignments totaling more than 5.3 million sq. ft. of space.

NEW YORK — Launched online at Target.com on Aug. 1 is the new Spa Sonic Skin Care System face & body polisher.

The seven-piece, at-home spa set works to deeply cleanse the entire face and body. Its dermal penetrating action is designed to promote rapid absorption of skin care products and leaves skin toned and smooth.