Sales & Marketing

When the International Council of Shopping Centers opens the doors of the Las Vegas Convention Center on May 17 to retailers and shopping center attendees from around the globe, it will unveil a lineup of newly built, underway and redeveloped properties ripe for deal-making.

Leasing interest at RECon 2015 is expected to be high, this despite naysayers who have predicted the demise of the shopping mall. Not likely, say those in the know.

Sean Claessen, executive VP strategy and executive creative director, Bond Brand Loyalty, spoke with Chain Store Age about how retailers can build customer relationships and loyalty in the era of omnichannel engagement.

Walmart is schooling students in Virginia on savings with the latest iteration of its on campus concept store first introduced in 2011.

The new 4,100-sq.-ft. Walmart on Campus is located at Virginia Commonwealth University in Richmond. The store opened April 29 and is part of an ongoing pilot program at Walmart to designed to provide VCU students and faculty, as well as the surrounding neighborhood, more convenient access to affordable products.

Data drives efficient retail real estate decision-making

Making the right decisions with the right data is obviously something retailers strive to do in all areas of their business. However, when it comes to real estate, “getting it right” is even more critical.

Elmwood Park, N.J. – Traditionally, when something is printed on paper, it is considered more valuable and “real.” But for Adagio Teas, an omnichannel specialty retailer of gourmet tea, digital promotions are the most reliable.

“As an online vendor, we are sensitive to the effectiveness of promotions,” Michael Cramer, founder and CEO of Adagio Teas, said during an exclusive interview with Chain Store Age. Adagio Teas operates three stores in the Chicago area as well as a global e-commerce site.

New York - The U.S. retail and consumer sector experienced a strong first quarter in 2015 for merger & acquisition (M&A) activity, which was driven by seven megadeals (deals with a value of more than $1 billion). According to PwC's U.S. retail and consumer deals insights report, 39 deals were announced for the quarter (with values more than $50 million), up 11% from fourth quarter 2014, but down 9% from first quarter 2014.

A 30-year veteran of REI has been named as the new CEO of Bartell Drugs.   

A shopping center owner is rolling out an innovative, universal loyalty card

Have you heard of the LOC Card?