Retail

When Renaissance at Colony Park opened in Ridgeland, Miss., in 2008, it created a stir not only among the local residents of Ridgeland, Miss., but also within the retailer and shopping center communities as a whole.

The project, developed by Mattiace Properties and H.C. Bailey Cos., pulled together the aesthetic elements of a Main Street and town center format with strategic, traffic-driving retail, entertainment and dining offerings.

Pleasanton, Calif. -- Preliminary results from the Safeway annual stockholder’s meeting show that a majority of stockholders followed board of directors recommendations in electing each of the eight directors with a majority of at least 73%. Stockholders also approved the appointment of Deloitte & Touche LLP as Safeway’s independent accounting firm for fiscal 2013.

Fort Worth, Texas – RadioShack will start offering a tailored assortment of consumer electronics products in college stores operated by NACSCORP, a subsidiary of the National Association of College Stores, this fall. A five-year agreement will establish branded RadioShack sections within college stores that offer both branded and private label electronics products and accessories.

Through this arrangement, RadioShack will have direct access to customers of roughly 4,000 college stores around the country.

Los Angeles -- The Kroger Co.  unveiled a clean energy production system that will convert food that can't be sold or donated into clean energy to help power its Ralphs/Food 4 Less distribution center in Compton, Calif.

Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 3.3% in May over the same month last year, but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates.

Indianapolis – Electronics retailer Hhgregg is opening a new store location at the Dayton Mall in Dayton, Ohio, on May 16. The new 23,000-sq.-ft. store will replace a previous location in West Carrollton, Ohio.

“Hhgregg is dedicated to the Dayton community and we think local residents will really enjoy shopping at our new and modern store,” said Jeff Pearson, senior VP of marketing, Hhgregg.

Fremont, Calif. -- Men’s Wearhouse is launching a redesigned e-commerce site with a number of upgraded and personalized features. These include personalized style suggestions, product filters such as size, price and color, and personalized product selections based on shopper history. The retailer is planning to offer additional new online features in the next six to eight months, such as new checkout experience, buy online and pick up in-store capabilities, and international shipping.

Los Angeles -- CBRE Group released research findings on Tuesday that showed Hong Kong’s continued top position as the world’s most expensive global retail market, recording prime rents nearly 150% higher than New York City.

London ranked third, with prime rental rates 400% lower than Hong Kong’s.