Retail

New Balance is joining forces with the Army & Air Force Exchange Service to provide wounded service members with free athletic shoes through the Wounded Care program.

Since 2007, the Exchange and New Balance have provided complimentary footwear to service members who have been injured in action. More than 400 free pairs have been provided to Wounded Warriors this year alone.

Dallas — SRS Real Estate Partners has announced a September transactions and new assignments carried out by SRS offices across the country.

SRS Atlanta:
•    Three new tenants have inked deals at Krog Street Market, a 30,000-sq.-ft. mixed–use redevelopment project owned by Paces Properties. Fred’s Meat & Bread has leased a 600-sq.-ft. space; Gu’s Dumplings has taken 600 sq. ft. and The Little Tart Bakeshop plans to open a 200-sq.-ft. market stall.

New York -- Help CSA determine the Most Innovative Retail Store of 2013 by voting for one of the five stores below. (For photos and info on the nominees, go to chainstoreage.com/multimedia.)

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.

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.

Retailers will gain $81 billion from the “Internet of Everything,” which is the term given to the connectivity of an increasing number of people, processes and things, in 2013. But according to new research from Cisco Systems, Inc., this only reflects 45% of the potential return.

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  

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.