Supply Chain & Merchandising

Tarrytown, New York - DLC Management Corporation announced its latest acquisition of 11 retail assets in New York, North Carolina, Arkansas and Tennessee totaling 2.58 million sq. ft., of which 1.73 million sq. ft. is owned property.   According to DLC, this acquisition is the largest in its history. The The properties include:  

• 2015 Walden Avenue, 26,500 sq. ft. – Cheektowaga, New York
• Batavia Commons, 49,431 sq. ft. – Batavia, New York

New York - Shack Corp. on Monday denied that it  defaulted on a loan from its term lenders—Salus Capital Partners and Cerberus Capital Management—less than a week after the chain initially disputed the allegations as “wrong and self-serving,” the Wall Street Journal reported.  

Kroger is highlighting its efforts to fight the U.S. obesity epidemic at a nutrition forum in Italy this month.

Tulsa, Oklahoma - Simon announced plans to bring Tulsa Premium Outlets to northeast Oklahoma. The project will be built in two phases at the intersection of US Highway 75 and West 61st Street in Tulsa. The first phase of the build out will be approximately 318,000 sq. ft. and an additional 82,000 sq. ft. will make up the second phase for a total of 400,000 sq. ft.  

  IRVINE, Calif.- JustEnough Software Corp announced that Eastern Mountain Sports, has gone live with JustEnough’s retail planning solution to better plan and forecast for its 68 stores and e-commerce site.  

San Bernardino, California - Stater Bros. will open a store in Covina, California on Wednesday, December 10, 2014.     The new “Blue Ribbon” supermarket is the 26th Stater Bros. location in Los Angeles County. It includes many environmentally friendly features, including:   • LED lighting throughout the entire store; • New lighting system that uses dimming ballasts, energy efficient lamps and occupancy sensors;

Months after announcing a major upgrade in its e-commerce capabilities, Belk reported that its online sales grew 46% in the third quarter.

The Charlotte, N.C.-based operator of 300 department stores in 16 states attributed the increase in Internet sales to the company’s “Yes! We Have It” item locator program and store fulfillment of digital sales initiatives.