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Retail

  • Nickelodeon nabs corner of New York real estate in Toys'R'Us

    NEW YORK — Nickelodeon has launched a store within a store in Toys"R"Us Times Square. The Nick Shop is 1,000 sq. ft. and offers exclusive New York-branded products, such as kids and adult apparel, accessories, plush toys and home goods featuring Nickelodeon characters.

    Merchandise showcasing Dora the Explorer, Bubble Guppies, Team Umizoomi, Winx Club, SpongeBob SquarePants and Teenage Mutant Ninja Turtles is priced from $5.99 to $49.99. The shop also has an assortment of Nickelodeon-branded toys, books and DVDs.

  • Crossroads to lease, manage Veterans Square

    Lyndhurst, N.J. -- Crossroads Cos. has been named leasing agent and property manager for Veterans Square Shopping Center, located on New York Avenue in Lyndhurst, N.J.

    The 144,400-sq.-ft. neighborhood shopping center’s tenant roster includes a free-standing ShopRite, Home Goods and a mix of national, regional and neighborhood businesses.

  • Study: Walmart, Safeway score top marks on consumer charity donations

    CHICAGO — Cause Marketing Forum on Wednesday named America’s Checkout Charity Champions, a first-of-its-kind study ranking the largest consumer checkout donations in the United States last year.

  • Douglas Development taps CBRE to lease Penn Quarter project

    Washington, D.C. -- Douglas Development said it has teamed with CBRE on a new boutique office and retail project in Washington, D.C.’s Penn Quarter neighborhood.

    The 11-story office building will occupy approximately 93,000 sq. ft., and include 7,000 sq. ft. of ground-floor retail space. The building will offer two floors of below grade parking, outdoor terraces, and a terracotta façade.

  • Costco Q3 profit climbs 19%; to open nine clubs by September

    Issaquah, Wash. -- Costco Corp. reported Thursday that net income for the quarter ended May 12 increased a higher-than-expected 19% on increased sales and member fees. The wholesale club operator earned $459 million in the third quarter, up from $386 million in the year-ago period.

    Revenue rose 8% to $24.08 billion, just missing Wall Street’s forecast of $24.09 billion. Revenue from membership fees climbed to $531 million from $475 million, and same-store sales rose 5% overall and 6% in the U.S.

  • Golfsmith tees up in Myrtle Beach

    MYRTLE BEACH, S.C. — Golfsmith International is teeing up for the opening of its first Xtreme golf store in Myrtle Beach, S.C. The 35,000-sq.-ft. space has been designed to encourage customers to try out products in an interactive hi-tech environment before they buy.

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