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Mass Merchant

  • Charter Realty to lease Cross Roads Plaza

    Waterford, Conn. -- Westport, Conn.-based Charter Realty & Development Corp. said it has been hired by Chase Enterprises to lease the 300,000-sq.-ft. Cross Roads Plaza, located in Waterford, Conn.

    Cross Roads Plaza is anchored by Lowe’s, BJ’s, Bob’s and Regal Cinema.
     

  • Walmart, Supervalu and Walgreens to open hundreds of stores in ‘food desert’ areas

    New York City -- First Lady Michelle Obama and the Partnership for a Healthier America on Wednesday announced that that several national and regional food retailers have pledged to open or expand stores in low-income markets where finding nutritious food options can be difficult. The chains participating in the partnership include Walmart, Walgreens and Supervalu, which, in total, agreed to open or expand hundreds of locations as part of the effort to eliminate what the Department of Agriculture calls “food deserts” throughout the country.

  • Long-time JCPenney marketing chief retires

    PLANO, Texas  — JCPenney said Tuesday that its veteran marketing chief Mike Boylson has retired from the company. His successor will be selected by newly minted CEO Ron Johnson in what will be the former Apple executive’s first senior-level appointment at JCPenney.

    Boylson was with the department store chain for more than three decades, the last eight years as chief marketing officer. He said in June he would retire from the company on July 1, according to a JCPenney spokeswoman.

  • Walmart reorganizes for back-to-school

    BENTONVILLE, Ark. — Walmart announced that it is making back-to-school shopping even easier with new store improvements. Back-to-school items are now organized, both in stores and online, in one place and categorized by school age group, so families can quickly and easily shop supplies appropriate for their child’s grade, the company reported. Many of the most common school supply list items are located down the center of the back-to-school aisle allowing families to quickly check these items off their list.

  • Survey: Food shoppers look for value amid rising prices, shrinking package sizes

    NEW YORK — Rising food prices and shrinking package sizes is a top concern for consumers, according to Deloitte's "2011 Consumer Food and Product Insight Survey."

  • South Africa to let antitrust regulators decide Massmart acquisition conditions

    Cape Town, South Africa -- A Tuesday report by Bloomberg said that South Africa’s parliament will let anti-trust regulators decide what conditions to impose on Wal-Mart Stores in its acquisition of Massmart Holdings Ltd.

    The Competition Tribunal ruled on May 31 that Wal-Mart could proceed with its $2.4 billion purchase of a controlling stake in Johannesburg-based wholesaler Massmart on condition no jobs are cut for two years.

  • Survey: More than half of retailers optimistic about rest of year

    North Plainfield, N.J. -- Results of a survey released Tuesday by shopping center owner Levin Management Corp. showed that, while store sales remain relatively flat, the majority of its retail tenants are optimistic about the balance of 2011.

  • Global Levi's line finds U.S. home at Target

    SAN FRANCISCO — Levi's announced that its Denizen jeans brand is making its U.S. debut exclusively at Target stores and on Target.com. 

    The brand first launched in Asia in 2010 and is available in China, India, Mexico, Pakistan, Singapore and South Korea, in addition to the United States.

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