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  • CVS opens MinuteClinics in Southeastern North Carolina

    Woonsocket, R.I. - The first MinuteClinic walk-in medical clinic in coastal Southeastern North Carolina has opened inside a CVS/pharmacy store in Wilmington. Additional clinics in Carolina Beach and Leland are expected to open in late October.  

    The Wilmington clinic is MinuteClinic's 54th in North Carolina. The clinics are open seven days a week. No appointments are required at MinuteClinic and most health insurance is accepted.

  • Supervalu continues to focus on driving sales

    Supervalu’s renewed focus on driving sales and cash in all segments of its business seem to be paying off. The company has been working toward turning identical sales positive and posted net sales of $3.95 billion for the second quarter ended Sept. 7, up 0.2% from $3.94 billion for the prior-year quarter.

  • Howard Hughes Corp. breaks ground on South Street Seaport redevelopment

    New York -- The Howard Hughes Corp. on Thursday officially broke ground on the redevelopment of Manhattan’s South Street Seaport, with a ceremony at Pier 17.

    The redeveloped Pier 17 is expected to open in 2016, with a mix of retail, dining and entertainment options highlighted by a one and a half-acre rooftop that will include a restaurant, two outdoor bars and an amphitheater that will hold up to 4,000 people for concerts and special events.

  • PetSmart expects FY13 sales growth of 3%-4%

    Phoenix – PetSmart Inc. has issued guidance for fiscal year 2013 for total sales growth of 3%-4%, as well as same-store sales growth of 3%-4%, compared to the prior fiscal year. PetSmart also slightly downgraded previous same-store sales guidance for the third quarter of fiscal 2013 to 2.2%-2.5%, from previously issued guidance of 3%-4%.

  • Lowe’s launches natural gas-powered truck fleet at Texas distribution center

    Mooresville, N.C. -- Lowe's has launched a dedicated fleet of natural gas-powered trucks at its regional distribution center in Mount Vernon, Texas. The fleet is among the first serving a major retail distribution center in North America to run solely on natural gas.

    With the transition from a diesel-fueled fleet to trucks powered by liquefied natural gas (LNG), Lowe's expects to reduce greenhouse gas emissions nearly 20%  and control fuel costs as it transports up to 68 truckloads each day to stores in Texas, Louisiana, and Oklahoma.

  • Shopping center in Texas changes hands

    Houston - Transwestern has completed the sale of Hannover Commons Shopping Center in Spring, Texas. After leasing the newly constructed 10,020-sq.-ft. shopping center to 100% occupancy, Transwestern represented the seller, Hannover Woods Retail Partners LLC, in the disposition of the asset to a local investor.

  • Rent the Runway opens innovative in-store shop at Henri Bendel

    New York -- Rent the Runway, the popular online retailer specializing in rentals of designer dresses and accessories, has entered into its first brick-and-mortar partnership, opening a 1,400-sq.-ft. showroom in the Henri Bendel Fifth Avenue flagship store in Manhattan.

  • Report: Jos. A. Bank may consider hostile bid for Men’s Wearhouse

    Hampstead, Md. – Jos. A. Bank Clothiers Inc. reportedly may consider a hostile takeover bid for Men’s Wearhouse. According to Bloomberg, Jos. A. Bank chairman Robet Wildrick said he would prefer a friendly acquisition but his company is not ruling any options out.

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