Retail

Indianapolis - Lids Sports Group has acquired wholesale team sports company Nashville Sporting Goods and its production affiliate National Team Embellishment, both headquartered in Nashville, Tennessee. The purchase includes Nashville Sporting Goods.

Richmond, Virginia — Divaris Real Estate announced the signing of three leases totaling approximately 14,000 sq. ft. of commercial space in Richmond, Virginia.

Dollar General renewed its lease for 8,000 sq. ft. in the Divaris-leased and –managed 360 West Shopping Center, located at 7218 Hull Street Rd.

The Dolan Company signed a lease for 3,120 sq. ft. of office space, and Liquid Glass Kustomz, automotive customizing, signed a lease for 2,856 sq. ft. of flex space in the Divaris-leased and –managed Belt Trade Center.

Juvenile products manufacturer Bendon, Inc., has entered the premium craft market following a recent acquisition that also creates the potential for expanded distribution.

Smithfield, N.C. – Home South, a specialty home furnishings chain operated by Carolina Pottery, is opening a 30,000-sq.-ft. store in the Rock Hill Galleria shopping center in Rock Hill, South Carolina, in the fall. Rock Hill Galleria is anchored by Belk, Sears and J.C. Penney, plus offers a variety of specialty stores including Victoria’s Secret, Aeropostale, Hot Topic, Yankee Candle, rue21, Kay Jewelers and Bath & Body Works.

Rock Hill, South Carolina — Southern home furnishings retailer Home South will open a 30,000-sq.-ft. store at Rock Hill Galleria, located in Rock Hill, South Carolina. The new store is slated to open this fall.

The Rock Hill Galleria location marks the company’s second store. Its original store is situated in Charlotte, North Carolina. The company was founded in 2013 by the operators of Carolina Pottery.

Payment solutions provider Global Payments has signed a referral agreement with BitPay, a payment service provider (PSP) specializing in bitcoin digital currency, which will allow Global Payments to incorporate the cryptocurrency into its product suite and offer bitcoin payment acceptance to its worldwide merchants.

New York -- Aldi was recognized as the nation's low-price grocery leader for the fourth year in a row, according to a recent consumer survey conducted by Market Force Information. Aldi announced in December 2013 that it intends to open 650 new stores across the country during the next five years.

When asked to rank the top grocers offering low prices, the 6,200 consumers who participated in the study ranked Aldi first, followed by Costco and Walmart third.

Nicholas Isasi, Executive Vice President, DM Transportation

As the economy continues to slowly recover, retailers, more than ever, are looking to maximize revenues while controlling costs. Increasingly, many company CFOs and logistics managers are examining an often-overlooked expense that is costing them, in many cases, tens to hundreds of thousands of dollars per year: inbound transportation costs.