Sales & Marketing

New York City -- Target Corp. is in a class by itself when it comes to gift cards, offering a broad selection to suit all ages. In fact, the cards are so unusual that the retailer patents them, according to the Minneapolis/St. Paul Journal.

Click here to read the full story and see a slide show of some of Target’s most unusual gift cards.
 

Lakeland, Fla. -- Columbus, Ohio-based Casto said that Versona Accessories will open its newest store on November 17 at Lakeside Village, in Lakeland, Fla.

The women’s accessories retailer is a concept of The Cato Corp.
 

Northbrook, Ill. -- Pine Tree Silverpeak Retail Partners, a joint venture between Northbrook, Ill.-based Pine Tree Commercial Realty and New York City-based Silverpeak Real Estate Partners, recently teamed up with New York City-based Privet Investments in the acquisition of Hamilton Place Shopping Center in Auburn, Ala.

The partners purchased the grocery-anchored shopping center from an Alabama-based developer, assuming existing financing. Publix anchors the 79,540-sq.-ft. center.

Target reported a 3.3% same-store sales increase for October and a similar figure could be in order for November as the company again provided guidance calling for a low-to-mid single-digit increase.

New York City -- Brixmor Property Group said Friday that four national tenants – Books-A-Million, Big Lots, Dick’s Sporting Goods and REI – will occupy former Borders locations in California, Colorado, Connecticut, Michigan and North Carolina.

SPRINGFIELD, Mass. — A regional supermarket chain is looking to enhance its customers' shopping experience with the introduction of a new mobile application.

Big Y said that its mobile app — powered by mobile commerce platform provider AisleBuyer's mShop, which allows shoppers to scan barcodes to view and compare product and nutrition information, access customer reviews and receive personalized coupons and offers — is designed to deliver enhanced customer service and engagement.

Central Ohio’s largest mall opened 10 years ago, and has continued to improve and evolve over a sometimes tumultuous decade, thanks to a hands-on management approach by its owner Glimcher Realty Trust, based in Columbus, Ohio.  Chain Store Age talked with Michael Glimcher, president and CEO of Glimcher Realty Trust, about Polaris Fashion Place and how it has stood the test of time.

In its 10-year history, how has Polaris Fashion Place changed/evolved over the decade, especially during the more recent recessionary climate?

MINNEAPOLIS — Best Buy Co. said Monday it is buying out its joint venture partner, Carphone Warehouse Group PLC, in its fast-growing North American mobile business for $1.34 billion. As part of the reorganization of its relationship with the U.S. consumer electronics giant, Carphone Warehouse will shutter the 11 pilot big-box Best Buy stores it opened last year in the United Kingdom.