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Retail

  • Conn’s plans new stores in Phoenix following second quarter results

    THE WOODLANDS, Texas — Regional consumer electronics retailer Conn’s plans to more than double its footprint in Phoenix following second quarter results, which showed an 18.4% increase in same-store sales.

  • Safeway reaches $600K settlement with EPA

    Pleasanton, Calif. -- Safeway, Inc. has reached a $600,000 settlement with the Environmental Protection Agency (EPA) and Department of Justice (DOJ) in regard to violations of the Clean Air Act. The government alleges that Safeway neglected to repair leaks of heat-trapping gas HCFC-22 from its refrigerators in a timely manner or keep proper records of refrigerator maintenance.

  • Report: J.C. Penney dumping Martha Stewart

    New York -- J.C. Penney Co. plans to end its association with the Martha Stewart brand after disappointing sales, according to the New York Post. The report, which cited unidentified sources, said the decision was made by Penney CEO Myron Ullman, who returned to the chain in April following the ouster of Ron Johnson.

  • Two new restaurants for The Avenue Peachtree City

    Atlanta — Brixx Wood Fired Pizza and Which Wich? Superior Sandwiches have leased restaurant space at The Avenue Peachtree City in Atlanta. Brixx will open Sept. 17 in what will be its third Georgia location.

    Which Wich? with more than 50 kinds of sandwiches will make The Avenue is 15th Georgia location.

     

  • CBL closes sale of three malls for $176 million

    Chattanooga, Tenn.CBL & Associates Properties has closed on the sale of three malls and three related associated centers in a portfolio transaction for a gross sale price of $176 million in cash. The properties include Georgia Square Mall and Georgia Square Plaza in Athens, Ga.; Panama City Mall and The Shoppes at Panama City in Panama City, Fla.; and Rivergate Mall and Village at Rivergate in Nashville, Tenn.

  • Online retailer 6pm.com celebrates sixth anniversary

    Online retailer 6pm.com turns six years on Sept. 6, and to mark the day, the brand is giving its loyal customers a reason to celebrate.

    During the birthday celebration on Sept. 6, customers everywhere will be able to shop special deals and play party games for the chance to win prizes. 

  • NRDC signs three tenants at Pohatcong Plaza

    Purchase, N.Y. — Hobby Lobby, Marshall’s and Home Goods have leased more than 98,000 sq. ft. of space at 562,000-sq.-ft. Pohatcong Plaza power center in Phillipsburg, N.J., according to National Realty & Development Corp.

    The retailers will occupy a redeveloped building where Wal-Mart operated before expanding to a Supercenter early last year — in NRDC’s adjoining Pohatcong Plaza II.

     

  • Saks Fifth Avenue to relocate within Houston Galleria

    HOUSTON — The relocation of Saks Fifth Avenue’s flagship store is allowing leading retail real estate firm Simon Property Group to use the space for other purposes, and the retailer to open a two-story, 198,000-sq.-ft. space adjacent to the one it will vacate at the Houston Galleria. 

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