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Mass Merchant

  • Midwest retailer expanding

    Grand Rapids, Mich. -- Meijer is on the move in Wisconsin.  

    Continuing an estimated $750 million investment in Wisconsin, Meijer on Tuesday opened two more superstores in the state. The retailer announced plans to open two to three new Wisconsin locations per year through 2019.

    Meijer, which now operates 222 stores, entered Wisconsin just six weeks ago, with two stores. The retailer traditionally focused its growth on five states: Michigan, Ohio, Indiana, Illinois, and Kentucky.

  • Meijer keeps shaking up retail market in Wisconsin

    After 20 years of focusing on just five states in the Midwest, Meijer is continuing an estimated $750 million investment in its sixth state -- Wisconsin -- with the opening of two more stores in Wauwatosa and Oak Creek.

  • Starwood Retail Partners announces new CFO

    Greenwich, Conn. -- Starwood Retail Partners, the retail operating platform formed by Starwood Capital Group, announced that it has named Angela Aman CFO, effective Aug. 10. Aman brings more than a decade of experience as a financial executive to her newly created position, including having spent the last four years as CFO and treasurer of Retail Properties of America, Inc.

    Aman will be responsible for strategic planning, implementing and management of all accounting and financial functions, as well as investor relations and partner reporting.

  • Target is Target to CEO Brian Cornell

    Eliminating the multiple nameplates under which Target operates various store types is Chairman and CEO Brian Cornell’s latest move to simplify the retailer’s operations and identity.

  • Target to rebrand its newer format stores

    Minneapolis -- Target wants to keep things simple.

    The retailer, which has been moving to simplify its operations, is now taking a similar approach to its store identity. Starting in October, Target will begin the process of rebranding all of its CityTarget and TargetExpress stores as “Target.”

  • Jet.com fuels dynamic pricing with Microsoft Azure

    Hoboken, N.J. – Newly launched Amazon rival Jet.com promises to deliver the lowest prices available online through a dynamic pricing system that constantly scans the Internet for the best possible deals.

  • J.C. Penney revs up omnichannel efforts with Home Depot, Target exec hires

    Plano, Texas -- J.C. Penney nabbed a key executive from Home Depot and also one from Target Corp. as it seeks to maximize the power, reach and integration of its omnichannel efforts.
     
    The department store retailer named Michael Amend, former VP of online, mobile and omnichannel for Home Depot, to the position of executive VP of omnichannel effective immediately. He fills a position previously held by Mike Rodgers who left the company.

  • Nation’s largest operator of wholly owned grocery-anchored centers acquires Boston property

    Marshfield, Mass. -- Brixmor Property Group has acquired Webster Square, an 182,756-sq.-ft., grocery-anchored community center located on Boston’s South Shore. Cushman & Wakefield oversaw the transaction of the Star Market-anchored community shopping center on behalf of Curtis Management.

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