Mass Merchant

Minneapolis – Best Buy Co Inc. has added service from the Curbside mobile shopping app to several stores in the Bay Area, including San Francisco and San Jose. Curbside enables consumers to purchase items from local retailers and then pick them up outside of local stores with deliveries directly to their cars.

While Kmart has been closing many of its stores as it seeks to restructure the company, the retailer has quietly launched a pilot program to re-brand itself as K-Fresh.

The Chillicothe Gazette reports that the Kmart on North Bridge Street in Chillicothe, Ohio, has scaled back its hours and grocery offerings in preparation for its switch from a 24-hour supercenter to the retail chain's new K-Fresh concept.

Houston -- Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced the completion of its 90,000-sq.-ft. redevelopment located in Port Arthur, Texas.

By Kirsten Early, Partner and Director of Retail, SRSA Commercial Real Estate

Boston – Nail and beauty care chain MiniLuxe, which operates eight stores in the Boston area, is coming to North Texas. MinLuxe has opened the first of 10 stores planned for North Texas in the West Village shopping center in Dallas.

The investor group behind MiniLuxe also backs Chipotle, with Silverado Interests' founding partners Rick and Dan Slaven also participating.
 

Walmart CEO Doug McMillon talks about changes at Walmart.

Washington, D.C. -- The National Retail Federation credited the “power of the marketplace” in Walmart’s decision to increase wages of approximately 500,000 full-time and part-time associates in April to $9 an hour, which is well above the Federal minimum wage.

Increased traffic and better than expected same store sales growth at U.S. stores were bright spots in the retailer’s fourth quarter earnings CEO Doug McMillon characterized as good despite a one cent increase in earnings per share.