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Retail

  • Water Mart to open at Orange Grove Village

    Tucson, Ariz. -- Commercial Retail Advisors said Tuesday that water purification retailer Water Mart has signed a lease for a new store in Orange Grove Village, in Tucson, Ariz.

    The retailer is relocating from its current site in the local Wal-Mart Neighborhood Market Center to the new 1,200-sq.-ft. space.

    The new store is slated to open in mid-December.

  • Charming Shoppes narrows Q3 loss

    Bensalem, Pa. -- Charming Shoppes reported a smaller loss for its third fiscal quarter on Wednesday, helped by lower operating expenses and competitive promotions that attracted customers. The chain posted a net loss of $18.8 million for the period ended Oct. 30, compared with a loss of $48.4 million, in the prior-year period.

    Revenue increased 1% to $463.6 million from $460.2 million, with online sales up 40%. Same-store sales rose 3%.
     

  • Detection at the Point of Sale

  • Aarron’s Furniture to open at Christina Crossing

    Wilmington, Del. -- Philadelphia-based Michael Salove Co., an X Team partner, said Tuesday it has completed a lease transaction with Aarron’s Furniture Rentals at Christina Crossing, located in Wilmington, Del.

    Aarron’s will occupy 6,705 sq. ft. and is slated to open March 2011. Existing tenants include Shop Rite, Wine & Spirits, Cricket Wireless, Hibachi Sushi and Supreme Buffet.

  • And the Winners Are … Sears and J.C. Penney among top finishers in EPA energy competition

  • Kroger swings to profit in Q3

    Cincinnati -- Kroger Co. rang up better sales and returned to third-quarter profitability but the company warned that shoppers remain cautious.

    The Cincinnati-based grocer reported Thursday that net income was $202.2 million, compared with a loss of $875 million a year earlier.

    Revenue was up 5.9% to $18.7 billion.

  • Fashion Metro opens at Northtown Plaza

    Houston -- Centro Properties Group said Tuesday that Fashion Metro has opened a 9,810-sq.-ft. store at Northtown Plaza, in Houston.

    Centro Properties Group, based in New York City, owns Northtown Plaza.

  • Amazon, Walmart top Brand Keys’ Cyber Monday list of most-visited sites

    New York City - According to the Brand Keys Holiday Survey, released Tuesday, Amazon topped the marketing research consultancy’s list of the top 10 retailers based on customer visits.

    Walmart and Apple tied for second, followed by Target, Zappos, Best Buy and Dell, Kohls, Overstock and QVC, Lands End and L.L. Bean, J.C. Penney, and Macy’s.

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