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Retail

  • Kroger names new divisional president

    Steve McKinney was named president of Kroger’s Fry’s Food Stores division in Arizona to succeed Jon Flora who passed away unexpectedly two weeks ago.

    McKinney, 57, had previously served as vp of operations at Kroger’s Ralph’s division in California since 2007. The Fry’s division operates 119 stores in Arizona.

  • Walmart Foundation names new president

    Bentonville, Ark. -- Walmart announced that Kathleen McLaughlin, 48, has been named president of the Walmart Foundation, effective Oct. 15.

    In addition to leading corporate giving, she will have responsibility for the company's global sustainability, women's economic empowerment initiatives and healthier food initiatives.

    McLaughlin, previously a senior partner at global consulting firm McKinsey & Company, is a dual American-Canadian citizen and was based in Toronto.

  • West Elm will spend $35 million on handmade crafts

    Brooklyn, N.Y. -- Home furnishings retailer West Elm today announced its 2013 Clinton Global Initiative (CGI) Commitment to Action with a purchasing plan of $35 million in handcrafted products through 2015, a 40% increase in spend during the next two years. West Elm, a member of the Williams-Sonoma, Inc. portfolio of brands, also pledged to make and source these products from businesses adhering to high social responsibility, health and safety standards, meeting local laws, best industry practices and the brand’s vendor code of conduct.

  • Nonprofit grocery store Fare & Square opens in Chester, Pa.

    CHESTER, Pa. -- Fare & Square, the nation's first nonprofit grocery store of its kind, opened in Chester, Pa. It is the first full service grocery store to open in Chester, a “food desert” area, since 2001.

    Fare & Square will sell a full array of food with a focus on fresh products in a 16,000 sq. ft. store with six departments including produce, deli, fresh meat, seafood, dairy, frozen and dry goods featuring brand name and private labels.   

  • Homeland Stores launches mobile payments

    Oklahoma City - Homeland Stores, a 78-store regional supermarket chain headquartered in Oklahoma City, has successfully completed of a mobile payments pilot program with mobile payments technology provider DoubleBeam. Launched in June of this year, Homeland's SwiftScan mobile application allows customers to pay for purchases with a smartphone.

    SwiftScan is currently accepted for payment at 20 Homeland locations, with plans to add 26 more locations by the end of October.

  • Walmart Foundation appoints new president

    The Walmart Foundation has appointed Kathleen McLaughlin as its president, effective Oct. 15. In addition to leading corporate giving, she will have responsibility for the company's global sustainability, women's economic empowerment initiatives and healthier food initiatives. 

    McLaughlin, previously a senior partner at global consulting firm McKinsey & Company, is a dual American-Canadian citizen and was based in Toronto.

  • Chuck E. Cheese’s and Claire’s sign new leases at Kendall Village Center

    San Jose, Calif. – Chuck E. Cheese’s has signed a long-term lease renewal and expansion of roughly 2,126 sq. ft. for a total of about 16,158 sq. ft. at Kendall Village Center in Kendall, Fla. To accommodate this expansion, Berkowitz Realty Group had to relocate accessory retailer Claire’s within the center.

  • Five Applebee’s sold in 1031 exchange

    San Diego  — Representing a real estate investment trust, The Mansour Group has sold a portfolio of five Applebee’s for $13.3 million.

    To complete the transaction, The Mansour Group sourced a private high net worth California investor, who sold an apartment complex and acquired the portfolio through a 1031 exchange. The restaurants are located in North Carolina, Texas, Tennessee, Minnesota and Kentucky:

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