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  • Survey: Majority of consumers have plans to give retail gift cards

    Oklahoma City -- The vast majority (91.4%) of American consumers plan to give up to three retail gift cards as gifts over the next three months, according to survey results released Tuesday by the Retail Gift Card Association.

    However, the survey also found that consumers will continue to keep their wallets tight - only 30.6% of respondents would purchase something they would not normally buy. The rest, 69.4%, said they would spend the gift card on something they needed, or put it toward a larger purchase.

  • BJ's marks 200th club opening

    WESTBOROUGH, Mass. — BJ's Membership Club is celebrating its 200th store opening with its latest location at 5200 Red Tip Road in Fayetteville, N.C. The club will feature a fresh bakery, BJ's Cafe, deli, optical services, rotisserie chicken, tire center, gas station and Verizon Wireless Kiosk. 

  • Retail loyalty programs bloom

    Cincinnati -- Retail loyalty programs have seen some impressive growth since 2011, according to results of the latest Colloquy Loyalty Census. In 2013, department stores achieved 70% growth in loyalty program memberships since the 2011 Colloquy Census, far surpassing the 26.7% rate of growth in loyalty programs across all sectors tabulated in the 2013 census. The number of department store loyalty memberships is 193.9 million.

  • SoulCycle inks lease at expanding Long Island center

    Woodbury, N.Y. -- SoulCycle has taken 3,000 sq. ft. of new space at the expanding Woodbury Common Shopping Center in Woodbury on Long Island, said Charter Realty & Development Corp., who represented SoulCycle.

    Owned and managed by Kabro Associates, the 85,000-sq.-ft. Woodbury Common is undergoing a 30,000-sq.-ft. expansion that will add parking, amenities and new facades.

    Fresh Market will take 20,000 sq. ft. of the new space.

     

  • UCR announces three new leases

    Houston -- United Commercial Realty Houston has announced three new leases for Houston-area centers:

    • Goody Goody Liquor will open a third Houston-area location at Copperfield Village Shopping Center this fall.
    • Pink’s Pizza has signed a deal for its fifth area location at the Cougar Den Plaza adjacent to the University of Houston’s central campus.
    • Affinity Veterinary will open a clinic at a center located at 19450 Katy Freeway in Houston.
  • DRE inks three retail leases in Hampton Roads

    Virginia Beach, Va. -- Divaris Real Estate has leased three retail spaces at shopping centers in Hampton and Virginia Beach.

    Bank of America renewed its 6,000–sq.-ft. lease in Willow Oaks Village Square in Hampton.

    Bruegger’s Bagels leased 2,400 sq. ft. in Southgate Commons in Virginia Beach. Also in Southgate Commons, Anthony Vince Nail Spa has taken 2,597 sq. ft.

    A member of Realty Resources and the Virginia affiliate for The CORE Network, DRE represented the landlords in these transactions.

     

  • Marcus & Millichap: Improving retail real estate outlook

    Calabasas, Calif. -- Broader regional economic growth and improved consumer and retailer finances bode well for retail real estate investments in well-located properties, according to “The Retail Outlook” from Marcus & Millichap Research Services’ second quarter 2013 mid-year outlook for the national retail market and U.S. economy.

  • RSR Research: Multiple channels produce profits

    Walnut Creek, Calif. – A new study from RSR Research concludes that retailers offering multiple selling channels connect more with consumers and are more profitable than retailers operating a single channel. Virtually every cross-channel selling tactic is being employed by retailers more this year than in 2012, with particularly strong growth in mobile.

  • Hansen resigns from Delhaize board

    Brussels, Belgium -- Jean-Pierre Hansen is resigning from the board of directors of The Delhaize Group effective June 30. Hansen, who initially joined in 2011, said the position required more time than he anticipated and he needed to attend to commitments in the energy sector and other unspecified duties.

    “I have very much enjoyed working with great colleagues on the Board and wish the company well in its future growth," said Hansen.

  • King of Food Lion managers takes top Delhaize prize

    Food Lion store manager Charles Inman got a big surprise on Monday when some folks from the Brussels-based home office of parent company Delhaize Group showed up at his store.
     
    Inman was selected from more than 3,400 Delhaize Group store managers to receive the company’s Store Manager of the Year award and company officials decided to surprise Inman with a ceremony at his store in Clayton, N.C.

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