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Mass Merchant

  • Inland acquires grocery-anchored Marketplace at Tech Center

    Newport News, Va. -- Inland Real Estate Income Trust announced the acquisition of the approximately 210,000-sq. ft. Marketplace at Tech Center, a newly constructed grocery-anchored power center, in Newport News, Virginia. Mark Cosenza, VP of Inland Real Estate Acquisitions facilitated the purchase of the property on behalf of Inland Income Trust.

  • ICSC: Omnichannel wins, with physical stores at epicenter

    A just-released holiday survey reinforces the dominance of the omnichannel shopper.

    Nearly one-third (32%) of shoppers the past holiday season used the click and collect method – with 69% of these shoppers purchasing additional items in the store when they went to pick up the item and 36% making another purchase in an adjacent store, according to the International Council of Shopping Centers’ Holiday Consumer Purchasing Trends study.

  • Food, food and more food

    From food trucks to high-end restaurants and everything in between, dining has never been more essential to the shopping center experience.

    “E-commerce has made it more important for retail centers to enhance the experience,” said Terry Montesi, CEO, Trademark Property Co. And food works great with retail.”

  • Young women’s apparel retailer files Chapter 11

    A decades-old apparel retailer finds itself no longer in fashion, undone by fast-fashion competition and a lack of e-commerce expertise.

    Joyce Leslie filed for Chapter 11 bankruptcy court protection in White Plains, New York, and is a likely candidate for liquidation, Women’s Wear Daily reported. The chain, founded in 1945, operates 47 stores throughout the Northeast.

  • Donahue Schriber acquires its fifth property in 12 months

    Alamo, Calif. -- Donahue Schriber Realty Group announced that it acquired Alamo Plaza located in Alamo, California from Investco Advisors late 2015.

    The 195,147 sq. ft. shopping center is anchored by Safeway and features Rite-Aid, 24 Hour Fitness, Richards Arts and Crafts, Peet’s Coffee & Tea, Panera Bread, and more.

  • Santa brings Toys “R” Us best holiday in years

    Toys “R” Us produced surprisingly strong results, especially online, in what is proving to be a holiday season characterized by mixed results from retailers who have disclosed results.

  • Lowe’s delves deeper into VR space

    Photo: Lowes Project Tango app shows where a virtual refrigerator might fit in your kitchen. Image Credit: Google

  • Irvine Company announces a major $150 million reinvestment

    Irvine, Calif. -- Irvine Company announced a major $150 million reinvestment in Irvine Spectrum Center located in Irvine, California, in the heart of Irvine Spectrum, a mixed-use community that provides a balanced district of retail, office, and living space.

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