Skip to main content

Retail

  • J.C. Penney names Kraft exec as senior VP marketing

    Plano, Texas – J.C. Penney has named Debra Berman as senior VP marketing. Berman previously served as VP marketing strategy and engagement at Kraft Foods Group since 2009.

  • CVS/Pharmacy opens at Parkesburg, Pa., center

    Parkesburg, Pa. — CVS/Pharmacy recently opened a 7,940-sq.-ft. store at the Parkesburg Shopping Center in Parkesburg, Pa. CVS purchased the business of the location’s previous occupant, Longenecker Pharmacy, an independent, family-owned chain.

    The 56,652-sq.-ft. development is exclusively leased and managed by Levin management www.levinmgt.com. The center serves a population of more than 34,600 people within a five-mile radius. Average household income is more than $67,500. Daily traffic count is about 23,800 vehicles.

     

  • El Balcon De Las Americas signs into Pembroke Pines, Fla.

    MiamiEl Balcon de las Americas is bringing its Colombian food menu to Westfork Plaza in Pembroke Pines, Fla.

    Terranova Corp. represented the shopping center in the transaction. The 2,335-sq.-ft. location at Westfork Plaza is the young chain’s fifth location in South Florida.

     

  • NRF: Industry added 37,000 jobs in July

    Washington, D.C. -- The National Retail Federation said the retail industry added 37,000 jobs in the month of July, with increases in general merchandise, food and beverage and building and garden supply stores.

  • Rabeanco opens first U.S. store

    New York -- Rabeanco, known for quality leather accessories and fashion forward styles, opened its first American storefront, in the Westfield Santa Anita Mall, Arcadia, Calif. It is the first of three U.S. locations the company plans to open in 2013.  

    Designed by Rabeanco in collaboration with interior designer Yukiharu Takematsu, the 2,000-sq.-ft. store has a modern, chic interior. A 7-ft.-high video display flashes various product and glossy ad campaign images.

  • Brand Keys: Back-to-school sales to decline; Amazon and Wal-Mart strong

    New York -- Households with school-age children (pre-kindergarten through 12th grade) plan a big cut-back in back-to-school spending. Results of the 2013 Brand Keys Back to School Report Card show that there will be a year-over-year decrease of 10% in back-to-school spending, or an average spend this year of just more than $600 per household.

    However, not every retailer will experience a decline in back-to-school profits. This year, the eight retailers showing the greatest increase in consumer intent-to-shop were:

    1. Amazon

  • CVS reaches $20M settlement with SEC

    Woonsocket, RI – CVS Caremark Corporation has reached an agreement in principle to pay a fine of USD $20 million to resolve an investigation by the Securities and Exchange Commission (SEC) into certain public disclosures, securities transactions and aspects of the purchase accounting adjustment related to the October 2008 Longs Drug Stores acquisition the company made during the third and fourth quarters of 2009.

  • CBRE sells Albuquerque retail center — again

    Dallas — CBRE’s National Retail Investment Group www.cbre.com has arranged the sale of Cottonwood Commons on behalf of Columbus Pacific Properties www.columbuspacific.com. The 191,893-sq.-ft. Class A retail center in Albuquerque sold to Cole Real Estate Investments www.colecapital.com.

X
This ad will auto-close in 10 seconds