Supply Chain & Merchandising

New York -- Cushman & Wakefield said Wednesday it represented Zero Halliburton Luggage in a lease for 3,900 sq. ft. of ground-floor retail space at 300 Madison Avenue.

Zero Halliburton leased the space for a 10-year term at the 35-story Midtown East skyscraper, which is located at the southwest corner of 42nd Street and Madison Avenue. The 1.1 million-sq.-ft. office property is owned by CIBC/Brookfield Properties.

TORONTO — Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said Wednesday.

The Retail Council of Canada said the majority of the country's retail businesses were prepared for the disappearance of the penny and will follow the government's proposals for determining prices.

NEW YORK — Ahold USA has named Mark McGowan as EVP merchandising. He will lead a merchandising team that supports Ahold USA and its four divisions: Stop & Shop New England, Stop & Shop New York Metro, Giant Landover and Giant Carlisle.

McGowan had previously served as EVP supply chain for Ahold USA and previously led the Boston division of Stop & Shop.

New York -- Retail design consultancy and brand agency CBX has been retained by hunger relief organization Philabundance to design a prototype for Fare & Square, a not-for-profit grocery store slated to open this summer in Chester, Pa.

San Antonio, Texas -- Dallas-based Venture Commercial said Tuesday it has completed seven leases in the San Antonio market for Best Buy Mobile stores. Six of the stores, ranging in size from 1,500 sq. ft. to 4,500 sq. ft., opened in 2012 and the seventh is expected to open in 2013.

Clearwater, Fla. -- Boat retailer MarineMax reported Tuesday a loss of $4.16 million for the quarter ended Dec. 31, narrowed from a loss of $4.21 million in the year-ago period.

Revenue grew 8% to $99.1 million and same-store sales increased more than 8%.

Columbus, Ohio – Bob Evans Farms said Tuesday it will divest its Mimi’s Café restaurant chain, selling it to LeDuff America – owner of Bruegger’s Bagels – for $50 million.

LeDuff America, a subsidiary of French bakery conglomerate Groupe LeDuff SA, will add the 145 Mimi’s units to its current portfolio of café-bakeries and coffee shops, including La Madeleine Country French Cafe, Brioche Doree, Bruegger's Bagels, Timothy's Coffee and Michel's Baguette.

Walmart's U.K. chain, Asda, is optimizing its distribution operations by incorporating Isotrak vehicle-tracking, along with Paragon routing and scheduling software.

The new system has enabled Asda to implement a new regional distribution structure.