Retail

Grand Rapids, Mich. — Meijer has expanded its program that supports Michigan small businesses to feature 55 new Michigan-made grocery products in all its stores statewide, Meijer co-chairman Doug Meijer announced Tuesday.

Atlanta -- Global Franchise Group announced Tuesday a master franchise agreement with Western Brands PVT for the opening of the first Marble Slab Creamery locations in the country of Pakistan.

The deal calls for the development of 10 Marble Slab Creamery stores in Pakistan over a 10-year period, with the 5,000 sq. ft. flagship store opening up in the major city of Lahore, Pakistan.

Marble Slab Creamery is managed by GFG Management, a subsidiary of Global Franchise Group.

Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Soma Intimates recently opened its first location in the area at Cherry Hill Mall, in Cherry Hill, N.J. The 2,800-sq.-ft. store is the newest addition to a vibrant mall that is anchored by Nordstrom, Macy’s, and J.C. Penney and features Apple, A/X Armani Exchange, Crate and Barrel, H&M, Henri Bendel, Hugo Boss, J. Crew, Michael Kors, Sephora, Teavana, The Art of Shaving, The Container Store, The North Face, True Religion and Urban Outfitters.

Columbus, Ohio -- DSW Inc. reported Tuesday that net income for the quarter ended Feb. 2 rose to $31.4 million from $23.1 million in the year-ago period. Sales for the fourth quarter increased 15.7% to $594.3 million, and same-store sales rose 3.6%.

For the full year, profit increased to $152.2 million, from $136.1 million in the prior fiscal year. Sales rose 11.5% to $2.26 billion from $2.02 billion.

McLean, Va. -- Recreational Equipment said that it will open a new REI store in the Tysons area of McLean, Va.

The 32,800-sq.-ft., two-story store is slated to open in August 2013.

“Tysons is the ultimate shopping hub in Northern Virginia,” said Ray Dinterman, REI retail director for the Mid-Atlantic district. “Our new store will join five other local REI stores and help us better outfit nearly 200,000 active members who paddle the Potomac and hike the Appalachian Trail."

Peoria, Ill. -- Cullinan Properties announced it has officially opened its Levee District at East Peoria Downtown, in Peoria, Ill.

Joining anchor stores Costco, Target, Gordmans, ULTA Beauty and Ross Dress for Less at the shopping center are Red Robin Gourmet Burgers and Potbelly Sandwich Shop, both slated to open this summer.

GNC will open a new store on May 8 at The Levee District, which encompasses over 86 acres that will include 500,000 sq. ft. of retail and restaurant space, as well as office, hotel and civic components.

New York -- Walgreens reported a better-than-expected profit on flat sales for its second quarter Tuesday morning and unveiled an expanded partnership with AmerisourceBergen that could give the pharmacy operator an equity position and seat on the drug wholesaler’s board.

Boston — Raley’s Family of Fine Stores, a privately held supermarket chain with a presence in Northern California and Nevada, has partnered with BzzAgent, the social marketing arm of Dunnhumby, to develop the first grocery retailer advocacy online platform to further enhance its new loyalty program, Something Extra.