Skip to main content

Mass Merchant

  • Ashley Furniture opens at Baybrook Gateway

    Webster, Texas -- New York City-based Centro Properties Group announced that Ashley Furniture has opened a 45,000-sq.-ft. store at Baybrook Gateway, located in Webster, Texas.

    Centro Properties Group is the owner of Baybrook Gateway.
     

  • BJ’s net income up, raises guidance

    Natick, Mass. -- BJ's Wholesale Club reported third-quarter earnings Wednesday that beat Wall Street expectations on improved revenue from gas and merchandise rose. The warehouse club operator raised its earnings guidance for the year.

    BJ’s net income rose to $23 million for the three months ended Oct. 30, up from $17.4 million a year ago.

    Revenue rose 5% to $2.63 billion from $2.51 billion last year, just shy of the $2.64 billion expected by analysts. Same-store sales rose 2.5%, or 1.5% excluding gas sales.

  • Nordstrom Rack to open in Orange, Calif.

    Seattle -- Nordstrom plans to open a  Nordstrom Rack in Orange, Calif. The 35,000-sq.-ft. store will be located at The Block at Orange and is expected to open in spring 2012.

    "We are very excited to move forward with our new store at The Block at Orange," said Geevy Thomas, president of Nordstrom Rack "This is one of the area's top shopping destinations and a terrific opportunity for us to better serve our loyal OC customers."

  • Christmas Tree Shops opens at Wendover Place

    Greensboro, N.C. -- New York City-based Centro Properties Group said that Christmas Tree Shops has opened a 33,500-sq.-ft. store at Wendover Place Shopping Center, in Greensboro, N.C. 

    Centro Properties Group is the owner of Wendover Place.
     

  • Sports Authority, HomeGoods join Shops at Midtown Miami

    Miami -- Beachwood, Ohio-based Developers Diversified Realty Corp. said that The Sports Authority, HomeGoods and a selection of retail shops and restaurants are opening and coming soon to The Shops at Midtown Miami, a 645,000-sq.-ft. mixed-use retail, dining and residential center.

    The Sports Authority plans to open a 34,544-sq.-ft. store in 2011. HomeGoods opened a 25,351-sq.-ft. location in late fall 2010.

  • Best Buy offers free online shipping

    New York City -- Best Buy has become the latest retailer to offer free shipping for select online orders for the holidays.

    The chain said the offer, which is good through Dec. 21, is valid on hundreds of thousands of items, including all CD’s, Blu-Ray and DVD movies, as well as gaming software and accessories.

    Other retailers have begun offering free shipping programs to entice shoppers to open their wallets this holiday season, including Wal-Mart Stores, J.C. Penney and Target Corp.

  • Survey: Black Friday shopping likely to be ‘intense’

    New York City -- According to a special national consumer poll commissioned by the International Council of Shopping Centers and Goldman Sachs, 31% of households plan to shop on Black Friday in 2010 compared with 26% in 2009. However, the strongest driver of Black Friday shopping is children, as 43% of households with kids are planning to shop on that day. Additionally, 37% of households reported that they plan to shop on the Saturday or Sunday after Thanksgiving.

X
This ad will auto-close in 10 seconds