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Retail

  • Cafaro signs Five Below, Hot Head Burrito, Carter’s

    New York -- Five Below will debut in two Cafaro malls next summer. The three-million-sq.-ft. Eastwood Mall Complex in Niles, Ohio, will welcome a 9,300-sq.-ft. Five Below. The two-million-sq.-ft. Millcreek Mall Complex in Erie, Pa. will get an 8,700-sq.-ft. store in the Millcreek Pavilion.

    Hot Head Burrito will also open a 2,000-sq.-ft. location, now under construction, at Eastwood Mall. A young chain, Hot Head Burrito operates more than 50 restaurants in six states.

  • Visa: Digital commerce on the rise

    Foster City, Calif. – Consumers are spending more money via digital commerce than ever before. According to a new survey from Visa and GfK Research, “The Way We Pay,” more than half of respondents are more comfortable spending money online today than five years ago. The data shows that consumers are spending more than they ever have – exceeding $1 billion per day on the Visa network in 188 days since January.

  • Walgreens recasts senior leadership

    Walgreens has fine-tuned its management structure, most notably elevating Jim Jensen to VP daily living implementation and space planning, where he will be looking at maximizing merchandising initiatives against space optimization in the stores.

    Moe Alkemade will assume the role of general merchandise manager handling seasonal, sundries and consumables. Beth Stiller has been named group VP retail brands and global sourcing.

    All appointments are effective Nov. 4.

  • RKF arranges three NYC leases for Carlo Pazolini

    New York — RKF has arranged three long-term leases, totaling 13,055 sq. ft., in Manhattan for Carlo Pazolini, the European shoe and accessories brand. RKF represented Carlo Pazolini in each transaction.

    The first store is in the Meatpacking District at 410 West 14th Street and spans 5,000 sq. ft., with 2,500 sq. ft. on the ground floor and another 2,500 sq. ft. in the basement. The location has opened for business. RKF represented the landlord Amcojor Realty Corp.

  • QVC Germany CEO to retire

    West Chester, Pa. - Dr. Ulrich Flatten will retire as CEO, QVC Germany at the end of the year, after 12 years of service to the company. Under his leadership, Germany has developed into QVC's largest European business and its second largest business outside of the United States.

  • Halston dives into e-commerce waters

    The Halston brand is going digital with the launch of its flagship e-commerce site in more than 80 countries today, including the U.S. and Canada. The vertical e-commerce site will feature Halston Heritage apparel and accessories.

    The brand is also expanding its physical presence, with plans to expand to more than 20 locations by yearend.

  • Faith Hope Consolo on CREW Network board

    New York — Faith Hop Consolo, chairman of Douglas Elliman’s Retail Group has taken her seat as a member of the 2014 board of directors of the Commercial Real Estate Women’s (CREW) Network on Oct. 9, at CREW Network’s annual Convention and Fall Council Meeting in Dallas. Her term begins January 1, 2014.

    CREW Network is the largest commercial real estate association for women and represents approximately 8,200 women leaders in 74 markets throughout the U.S. and Canada.

  • Report: Best Buy plans major iPhone promo

    Richfield, Minn. – Best Buy is reportedly planning a major promotion to boost sales of the iPhone 5c and 5s the week of Oct. 13. According to TechnoBuffalo, an internal corporate memo indicates that consumers who trade in select smartphones that week will receive a $100 credit that can be used to cover the down payment on a new iPhone 5c or 5s.

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