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Mass Merchant

  • Transwestern sells Alabama center for $18.5 million

    Transwestern's Southeast Investment Services Group representedKentucky-based Langley Properties Co. in the disposition of Pelican Place at Craft Farms for$18.5 million.Atlanta-based RCG Ventures acquired the 229,911-sq.-ft. shopping center located inGulf Shores, Alabama.

    Transwestern VPFred Victorrepresented the seller in the transaction. RCG was represented in-house byScott Tarbet, VP of acquisitions.

  • Retailers to get tax relief for store remodels/improvements?

    Two bills passed by a key House committee would help retailers save on store remodeling and improvement costs upfront.

  • Target faces class-action over breach

    It’s official – Target Corp. will face a class action lawsuit related to its November 2013 data breach.

  • The keys to winning the e-commerce (rat) race

    It’s early evening in Chicago circa 2020. A courier company van sits in traffic, toting Target packages ordered from a customer’s phone at noon for delivery by end of the day (called AM/PM delivery). Nearby, a car contains a single mom who drives part-time for Deliv; she’s stressed because she may not make the time window selected by a Macy’s customer earlier that day.  
  • Walmart strategy boosts mobile engagement

    Walmart has figured out how to tap into its shoppers’ offline habits to drive more engagement online, according to a new report from Quartz.

    Walmart has managed to do something very few retailers have accomplished: Convince millions of people its mobile app is useful enough to snag a prime spot on their phones’ home screen.

    Read more about Walmart's strategy by clicking here.

  • The Force awakens the toy aisle

    Star Wars merchandise is shaking up the busy fall retail season, according to a new report.

    According to new research from 360pi, between Sept. 4 and 10, Star Wars-themed toys comprised nearly two in 10 of the daily top 100 best selling toys on Amazon, dethroning bestsellers Cards Against Humanity, Crayola and Exploding Kittens, and replacing traditional Lego items with Star Wars-themed versions.

  • Holiday shoppers go crazy for free shipping

    Online shoppers will do anything to quality for free shipping-even spend more money.

    Sixty percent of holiday shoppers say they have increased their online spending in the past to qualify for free shipping, according to the 2015 Holiday Shopping Survey from Pitney Bowes. 

  • Target is looking for a few good startups

    Target Corp. has operated an innovation lab in San Francisco since 2013, but now the retailer is eyeing a more accelerated and outward-focused approach to innovation.

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