Supermarket/Grocery

Beachwood, Ohio – During third quarter 2014, DDR Corp. closed on the acquisition of eight prime power centers and the sale of seven operating assets and two land parcels, totaling $699 million of executed transactions. Seven of the eight power centers that the company acquired were purchased for $377 million at DDR's share from a joint venture formed with Blackstone Real Estate Partners VII L.P. in August 2013.

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New York -- Swedish fast-fashion chain H&M was named “International Retailer of the Year” at the 8th annual World Retail Awards dinner in Paris. The awards were presented during the World Retail Congress, which is being held this week in Paris.

Fast Retailing, the Japanese parent company of Uniqlo and other brands, was named “Retailer of the Year.”

By Navneet Loiwal, CEO and co-founder of Shopular

New York  -- The outlook for retail in the Northeast remains quite positive, with demand from national, local and franchise companies across a broad range of categories, according to Levin Management.

West Des Moines, Iowa - Hy-Vee will deploy the Retail 20/20 exception reporting solution from Agilence Inc. The grocery chain will use the solution to improve operations and reduce shrink.

"While looking for a solution we were keen on finding one that could help us improve our in-store operations, while also making exception reporting a priority," said Darren Baty, senior VP and CIO, Hy-Vee. "After seeing Retail 20/20 in action it became clear that we would be able to reduce shrink and improve our front end with this tool."

New York -- It’s official: California Governor Jerry Brown on Tuesday signed legislation for the nation's first statewide ban on single-use plastic bags at supermarkets, drug stores and select other retail outlets.

"This bill is a step in the right direction — it reduces the torrent of plastic polluting our beaches, parks and even the vast ocean itself," Brown said in a signing statement. "We're the first to ban these bags, and we won't be the last."

Eden Prairie, Minn. – Supervalu Inc., which reported an intrusion into the portion of its computer network that processes payment card transactions at some of its retail food stores on Aug. 14, is reporting the discovery of another breach.