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Retail

  • Home Depot closes acquisition of Blinds.com

    The Home Depot has acquired Blinds.com, the Houston-based online window coverings retailer.

    In explaining the appeal of the partnership, Home Depot cited Blinds.com's integrated user experience, on-demand staff and knowledge base.

  • Le Pain Quotidien leases Manhattan location

    New York — Le Pain Quotidien has leased a 3,100-sq.-ft. retail location at 1006 First Avenue, on the northeast corner of East 55th Street. A former Chase Bank location, the site offers 65 ft. of frontage set slightly above street level, allowing for excellent visibility and signage.

    Le Pain Quotidien, an organic bakery and communal table restaurant, has more than 200 locations on five continents.

  • Sold: Fishers Crossing in Fishers, Ind., for $4.1 million

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  • Mid-America brokers four leases across Illinios

    Oakbrook Terrace, Ill. — Mid-America Asset Management Inc. has announced four retail leases with retailers planning to open in the spring. Mid-America represented the landlord in each transaction.

    DSW has taken 11,833 sq. ft. in Oakland Place, a 155,730-sq.-ft. center in DeKalb, Ill. Michaels and T.J.Maxx anchor the center. A Super Target shadow anchors. Tartan Realty Group represented DSW.

  • New GS1 US Data Hub provides standardized supply chain data

    Lawrenceville, N.J. -- A new online tool from supply chain information standards organization GS1 US, called the GS1 US Data Hub, will make it possible for retailers, e-tailers, data pools, solution providers and a variety of application developers to access the detailed information associated with GS1 company prefixes, the specific combination of numbers embedded in GS1 identifiers and barcodes to identify a company.

  • Former Williams-Sonoma exec to head global retail at Levi’s

    New York -- Levi Strauss & Co. has named Craig Nomura as president of global retail, effective Feb. 3, 2014. He joins Levi’s from Williams-Sonoma Inc., where he was most recently senior VP of global development.

    Nomura, who also held leadership positions at Gap Inc., The Gymboree Corp., Guess?, Inc., and Foot Locker, succeeds Joelle Maher, who left Levi’s in June 2013 to join Gymboree as COO.

  • Deloitte Consumer Spending Index rises in December

    New York -- The Deloitte Consumer Spending Index, which tracks consumer cash flow as an indicator of future consumer spending, rose in December 2013. The Index, which comprises four components, tax burden, initial unemployment claims, real wages and real home prices, increased to 4.3 in December from 3.9 the prior month.

  • MRA says retailers didn’t have a very happy holiday

    The Michigan Retailers Association (MRA) said that Michigan's retail industry had a poor holiday shopping season thanks to damaging winter storms and “outdated government policies that favor out-of-state online companies.”

    Retailers posted only a 0.1% average increase over last holiday season, according to the Michigan Retail Index, a joint project of MRA and the Federal Reserve Bank of Chicago.

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