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Retail

  • Black Friday, Cyber Monday mentions on social media rise

    Black Friday social mentions more than doubled those of Cyber Monday this year. But a new infographic from SAP shows that consumers felt the most excited and happy about Cyber Monday.

  • Mayfaire Community Center in Wilmington, N.C., signs two anchors

    Wilmington, N.C. — Dick’s Sporting Goods and Marshalls will anchor Phase II of the 203,000-sq.-ft. Mayfaire Community Center in the master-planned 400-acre mixed-use community of Mayfaire in Wilmington, N.C. Harris Teeter anchors Phase I of the center.

  • AmazonFresh may be heading to San Francisco

    Amazon's fresh food delivery service may be expanding to San Francisco, according to published reports.

    All Things Digital, a Dow Jones-owned website that reports on technology news, reported on several sightings in San Francisco of AmazonFresh trucks, as well as a recent job posting.

    According to the site, Amazon plans to announce the service's launch on Tuesday. Amazon began offering the service in Seattle and recently expanded it to Los Angeles. AmazonFresh allows users to shop online for produce, dairy products, dry goods and others.

  • CBRE: Demand will push rents higher in 2014

    Los Angeles — Retail rents in the world’s most expensive markets will rise further in 2014 due to a shortage of available prime locations combined with a lack of new development, according to CBRE Group’s third quarter report on the world’s prime global retail markets.

    Hong Kong (US$4,333 per sq. ft.) remains the world’s most expensive retail market by a substantial margin. Hong Kong houses the highest representation of luxury retailers among all global cities. With a healthy tourist market and a lack of available space.

  • Big Lots Q3 loss widens; to shutter Canadian operations

    Columbus, Ohio – Big Lots reported a net loss of $9.5 million for the third quarter of fiscal 2013, up from a net loss of about $6 million in the year-ago period. The retailer also said it will exit the unprofitable Canadian market, which it entered through an acquisition in 2011.

    Net sales grew about 2% in the same period, to $1.15 billion from $1.13 billion, and consolidated same-store sales declined about 2.5%.

  • Tabani Group buys Prescott Gateway in Prescott, Ariz.

    Phoenix — The Tabani Group has acquired the 578,666-sq.-ft. Prescott Gateway Mall in Prescott, Ariz., according to CBRE, the broker that represented the undisclosed seller in the transaction.

     

  • Mid-America announces six new leases in Chicago

    Oakbrook Terrace, Ill.Mid-America Asset Management Inc. has announced six retail leases in four Chicago shopping centers.

  • Clarks, Bostonian brands get new chairman

    The Clarks Group, the company behind the Clarks and Bostonian brands that sells more than 50 million pairs of shoes annually, has named a new chairman.

    The privately held United Kingdom-based company, which operates specialty footwear stores in the U.S. and worldwide, elevated Thomas O’Neill to the role of chairman from his position as a non-executive director on the board. He fills a position previously held by Peter Davies to lead the world’s number one non-athletic footwear brand with annual sales of roughly $2.4 billion and a presence in 100 markets.

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