Supply Chain & Merchandising

SUNBURY, Pa. — Weis Markets on Tuesday reported net income of $82.5 million for the 52-week period ended Dec. 29. Even with one less week of sales, that's up 9.2% versus fiscal 2011, which was a 53-week period, the grocer noted. Sales were down slightly by 1.9% to $2.7 billion compared with the week-longer year-ago period. Comparable sales were down 2%. 

Adjusting for the 52-week to 53-week comparison, the grocer's 2012 net income increased 13.9% while sales and comparable store sales were flat.

New York -- Winick Realty Group announced that two of Columbus Square’s anchor tenants — Whole Foods and Michael’s — are expanding their footprints at the mixed-use development located in the heart of the Upper West Side of Manhattan.

“Both Whole Foods and Michael’s have seen such great success since opening at Columbus Square,” said Winick Realty director Kelly Gedinsky. “By expanding … they are now able to accommodate the high levels of foot traffic their location demands.”

MINNEAPOLIS — Paint manufacturer Valspar, has named James Muehlbauer EVP, chief financial and administrative officer, effective March 11,2013. Muehlbauer will replace Lori A. Walker who will retire in April.

New York -- RKF said it has arranged a 2,100-sq.-ft. lease for GNC at 302 Canal Street in downtown Manhattan.

The new store, which will consist of 1,050 sq. ft. on both the ground floor and basement of the building, is located less than one block east of Broadway near Mercer Street.  It will become GNC’s 47th Manhattan location when it officially opens this spring.

With this latest lease transaction, RKF has arranged five retail leases in New York City on behalf of GNC.

DALLAS — Tuesday Morning has named former Michaels Stores president and CEO, Michael Rouleau as its interim CEO.

In his role as interim CEO, Rouleau will manage the company's day-to-day operations through the retention of a new CEO. He will continue to serve on the company's board of directors, which he joined in November 2012.

Mississauga, Ontario -- Target announced that it is opening three pilot stores in Ontario on March 5 at Stone Road in Guelph, Milton Mall Shopping Centre in Milton and Gates of Fergus in Fergus. The three pilot stores are the first Target locations to open in Canada, and the first of 124 Target stores that will open across the country throughout 2013.
 

Pittsburgh -- American Eagle Outfitters said Friday that its first Philippines store opened on March 1, at Bonifacio High Street in Taguig City, Manila.  
 
The retailer said that additional stores are planned in 2013 throughout the country, operated by franchise partner Suyen Corp.

Royal Palm Beach, Fla. -- Jones Lang LaSalle Retail announced that the firm has been retained by Clarion Partners as the exclusive leasing and management agent for Coral Sky Plaza in Royal Palm Beach, Fla.

The 233,000-sq.-ft. strip center is anchored by BJ’s Wholesale Club and is currently 97% leased.

Coral Sky Plaza is tenanted by Ross Dress for Less, Bed Bath & Beyond, Buy Buy Baby and BJ’s Wholesale Club. Jones Lang LaSalle said it is currently seeking high-impact retailers to fill a vacant endcap space.