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Retail

  • Cullinan names senior real estate representative

    Peoria, Ill. — Cullinan Properties has named Patty Kueneke senior real estate representative. She will lease and sell existing and newly developed properties including the Streets of St. Charles in the St. Louis metro area and the Shoppes at River Hill in Topeka, Kan.

  • Report: Meijer testing automated checkout from NCR

    New York -- Meijer is testing an automated system that speeds up the checkout process at its store in Jenison, Mich. The system, from NCR, automatically scans merchandise. It became available customers on April 3, according to MichiganLive.

    As shoppers place merchandise on a conveyor belt, the items are scanned, and then sent to one of three collection areas, where customers bag them.

  • Checkpoint Systems releases new RFID label

    Orlando, Fla. -- Checkpoint Systems Inc. is releasing its new Zephyr 2 RFID label, which is certified by the University of Arkansas’ ARC Center for item-level tagging of all apparel categories in the U.S. and Europe. The Zephyr 2 RFID label design has an integrated UCode 7 chip from NXP Semiconductors, and comes with optimal read/write sensitivity for accurate counting and quicker encoding.  

  • Westfield Garden State Plaza brings digital technology to physical world

    New York -- Wesfield Garden State Plaza, in Paramus, N.J., is merging the digital experience with the physical one. The shopping center has installed a series of 7-ft. tall, ultra-high definition touch-screen displays, called “digital storefronts,” in its just-opened Fashion District wing. The new wing adds 55,000 sq. ft. over two floors and 22 new stores and restaurants to the mall

  • The Wet Seal lowers director compensation, board size

    Foothill Ranch, Calif. -- The board of directors of Wet Seal Inc. has decided to reduce the cash compensation for its directors by 20% for the remainder of fiscal 2014. Wet Seal will also reduce the number of director nominees to be elected at its upcoming annual meeting from nine to seven.

    Kathy Bronstein recently resigned from The Wet Seal’s board of directors, effective April 4.

  • Report: Wal-Mart to open 40-50 wholesale stores, launch e-commerce in India

    Bentonville, Ark. – Wal-Mart Stores Inc. reportedly plans to open an additional 40 to 50 wholesale cash-and-carry stores in India during the next four years and also launch an Indian e-commerce operation. According to the Wall Street Journal, Wal-Mart will begin e-commerce sales in India during summer 2014 with one wholesale store offering goods online and delivering them for pickup at other local retailers up to about 25 miles away.

  • RBM Technologies names new president; closes $9.5 million in financing

    Cambridge, Mass. – Retail visual merchandising solution provider RBM Technologies has named E.Y. Snowden its new president and CEO. Snowden was previously CEO of Boston Communications Group and president of APC/Sprint Spectrum.

    In addition, RBM has closed a $9.5 million round of growth equity financing led by Spring Lake Equity Partners. RBM plans to use the financing to enhance its products and enter the international mobile market and new retail verticals.

  • RMC will lease Sanibel Beach Place in Fort Myers, Fla.

    Fort Myers, Fla. — Sanibel Beach Place, a 72,886-sq.-ft. Publix-anchored shopping center in Fort Myers, Fla., has selected RMC Property Group as the property’s exclusive leasing agent.

    Global Realty and Management owns the property.

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