Retail

Minneapolis -- Supervalu announced appointments to its executive team, including Janel Haugarth who will remain with the company as EVP and president of independent business and supply chain services. The announcement comes as Sam Duncan, Supervalu president and chief executive continues finalizing his leadership team following the sale of five retail banners to Cerberus-led investment group AB Acquisition LLC, a transaction that was completed on March 21.

In other appointments:

The recent announcement that retail giant Walmart plans to open more than 100 of the brand’s Neighborhood Market stores in 2013, and as many as 500 Neighborhood Market locations over the next few years, has industry analysts and observers talking. They have my attention, as well.

New Orleans -- Covington, La.-based Stirling Properties said that Walgreens has opened a new store on Magazine Street in New Orleans.

NEW YORK — New York & Company reported that net sales for the fourth quarter were $291.8 million, as compared with $271.8 million in the year-ago period. 

Comparable-store sales increased 2.3% compared with a decrease of 6.3% in the prior year fourth quarter.

Net income increased to $10.5 million, or 17 cents per diluted share. This compares with a net loss in the prior year fourth quarter of $10.9 million, or 18 cents per diluted share.

Camp Hill, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust announced that DSW has opened a 17,500-sq.-ft. store at PREIT’s Capital City Mall property, located in Camp Hill, Pa.

The mall completed the space for DSW — the retailer’s first in the area — by building on an additional 5,000 sq. ft.

WARRENDALE, Pa. — Teen apparel retailer Rue21, opened its 900th store on March 21 in the Southern Hills Shopping Center of West Plains, Mo. The 5,000 sq. ft. store is the company's 21st location in that state.

Paducah, Ky. -- Youngstown, Ohio-based Cafaro Co. said that a new restaurant and two new stores will open at its Kentucky Oaks Mall property, located in Paducah, Ky.

Los Burritos Locos will open a 2,400-sq.-ft. restaurant on April 1 near the mall’s main entrance. Yankee Candle will open a 1,200-sq.-ft. store between Gymboree and Victoria’s Secret in June, and Shoe Carnival will occupy more than 16,300 sq. ft. next to David’s Bridal.

That old expression about everything being bigger in Texas was given more credence today with the grand opening of a 40,000-sq.-ft. Golfsmith superstore in Houston.

The store, one of 10 planned openings for 2013, is what the company calls its Xtreme format. The new location in the west Houston suburb of Katy gives the company five Houston locations, 13 stores throughout Texas and more than 150 locations nationwide.