Skip to main content

Retail

  • Dawn Lepore joins TJX board

    Framingham, Mass. -- Dawn Lepore, who has previously served as interim CEO of Prosper Marketplace and also held executive positions at drugstore.com and The Charles Schwab Company, has been named to the board of directors of The TJX Companies.

    TJX is expanding the size of its board with this appointment and Lepore joins 10 sitting board members.

     

  • Sears Canada executes landlord transactions on two stores

    Toronto -- Sears Canada Inc. will enter into a series of transactions related to two stores within shopping centers co-owned by Oxford Properties Group and Alberta Investment Management Corporation that give the co-owners the right to require Sears Canada to vacate the properties by March 2014. The transactions, valued at $191 million, affect stores at the Yorkdale Shopping Centre in Toronto and at Square One Shopping Centre in Mississauga.

  • Marcus & Millichap: Improving retail real estate outlook

    Calabasas, Calif. -- Broader regional economic growth and improved consumer and retailer finances bode well for retail real estate investments in well-located properties, according to “The Retail Outlook” from Marcus & Millichap Research Services’ second quarter 2013 mid-year outlook for the national retail market and U.S. economy.

  • DRE inks three retail leases in Hampton Roads

    Virginia Beach, Va. -- Divaris Real Estate has leased three retail spaces at shopping centers in Hampton and Virginia Beach.

    Bank of America renewed its 6,000–sq.-ft. lease in Willow Oaks Village Square in Hampton.

    Bruegger’s Bagels leased 2,400 sq. ft. in Southgate Commons in Virginia Beach. Also in Southgate Commons, Anthony Vince Nail Spa has taken 2,597 sq. ft.

    A member of Realty Resources and the Virginia affiliate for The CORE Network, DRE represented the landlords in these transactions.

     

  • David’s Bridal in partnership with designer Zac Posen

    New York -- David’s Bridal has entered into a partnership with American designer Zac Posen to launch 'Truly Zac Posen', a collection of bridal and other special occasion dresses. The collection will debut in February 2014 in select David’s Bridal stores and online.

  • Winick NJ hires two brokers

    New York -- Winick Realty Group has signed Adam Kruvant and Gary Krauss as brokers in its Cranford, N.J., branch.

    Krauss comes to Winick with a background in retail supermarket operations and food and drugstore marketing. Kruvant came up through Winick’s Agent Training Program. He previously worked for Vanguard Realty.

     

  • HSN Breaks Channel Barriers

    HSN may have been a pioneer in using TV as a shopping channel, but the retailer is using emerging technology to become a much broader enterprise. As HSN CEO Mindy Grossman detailed during a keynote session at last week’s Internet Retailer conference in Chicago, this is not your mother’s HSN. Not by a long shot.

    “We’re engaging consumers away from TV,” said Grossman. “There is a dramatic transformation of the consumer. They are being reshaped by technology, social networks and mobility.”

  • Safeway in $5 billion dollar deal to sell Canadian stores

    Toronto -- Canada’s second-biggest supermarket operator has acquired Safeway’s Canadian portfolio of stores in a $5.7 billion deal that pulls the Pleasanton, Calif., chain completely out of the country.

    Sobeys, a unit of Empire Co. Lt., has acquired 213 grocery stores, 62 fuel stations, 10 liquor stores, 12 manufacturing facilities and four DCs, leaving Safeway with 1,400 stores in the U.S. after the deal.

X
This ad will auto-close in 10 seconds