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Retail

  • Wolverine brand opens first-ever permanent store

    Rugged boot manufacturer Wolverine has opened a permanent store in New York's Nolita at 254 Elizabeth St. The company decided to give the retail space a try following its successful New York pop-up venture in fall 2012.

  • DDR closes on $1.46 billion transaction with Blackstone

    Beachwood, Ohio — DDR Corp. has closed a previously announced acquisition of a portfolio of 30 power centers from a joint venture with Blackstone Real Estate Partners VII L.P. and settled its forward equity sale. DDR acquired Blackstone’s 95% share.

    The company funded the investment through a combination of proceeds from the issuance of new common equity and unsecured debt, preferred equity and mezzanine loan repayments and the assumption of existing mortgage debt.

  • Sam’s Club opens store in Oklahoma

    Bentonville, Ark. – Sam’s Club is opening a new store in Edmond, Okla., on Oct. 3. The new Sam's Club features a shopper-friendly interior layout and measures approximately 136,000 sq. ft., and has created about 130 new jobs.

  • Staples acquires personalization software company

    Staples has acquired Runa, a software company based in San Mateo, Calif., that helps online retailers increase sales by personalizing the shopping experience. Terms and conditions of the acquisition were not disclosed.

  • QVC makes executive appointment

    QVC has appointed Bob Spieth as executive VP of QVC's customer and business services.     He will oversee supply chain, customer service and experience, operations strategy, and corporate real estate and workplace services for both QVC and zulily businesses, with the exception of zulily's corporate facilities.    Spieth joined zulily in 2013 as COO. Prior to zulily, he held several leadership roles with OHL, one of the world's largest third-party logistics companies  
  • Online retailer PureFormulas personalizes customer experience with Oracle Commerce

    Miami -- By moving its ecommerce operations to Oracle Commerce, online health supplements retailer PureFormulas will take advantage of Oracle’s multi-site architecture to support expansion, while significantly enhancing its customer experience and personalization capabilities.   
     

  • Shopko taps Genco for transportation procurement project

    Pittsburgh -- Genco has been selected to manage a truckload transportation procurement event for Shopko.  The collaborative effort will encompass Shopko's inbound and outbound transportation network and is the third strategic procurement engagement Genco has provided to Shopko.

  • Staples acquires personalization vendor

    Framingham, Mass. – Staples, Inc. has completed the acquisition of Runa, a software company based in San Mateo, Calif., that helps online retailers increase sales by personalizing the shopping experience. Terms and conditions of the acquisition were not disclosed.

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