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Supply Chain & Merchandising

  • Nordstrom Rack to open in new center in El Paso, Texas

    Seattle -- Nordstrom said it will open a Nordstrom Rack at The Fountains at Farah, a new power and lifestyle shopping center in El Paso, Texas. The store will be approximately 35,000-sq. ft. and is scheduled to open in the fall 2013.

    The Fountains at Farah, with over 600,000 sq. ft. of retail and restaurant space, is being developed and managed by Centergy Retail LLC, Dallas.

  • E-commerce innovator adds tech talent

    Former Hewlett-Packard executive Shelley Perry was named SVP and chief technology officer at online electronics retailer Newegg, the company announced Monday. The company also name Merle McIntosh as SVP product management.

    “Newegg is dedicated to attracting top industry talent as we prepare to propel the company through our next stage of growth,” said Bob Bellack, CEO of Newegg North America. “Both Shelley and Merle are tremendous additions to our leadership team and we’re all thrilled to have them on board.”

  • Rubbermaid added to assortment at Office Depot

    BOCA RATON, Fla. — The storage solutions category at Office Depot got some new brand muscle this week as the company added Rubbermaid to the mix.

    Rubbermaid products are now available nationwide at Office Depot stores and online at the retailer’s website. The announcement comes as promotional activity heats up around the back-to-college season which tends to start earlier and feature different product categories than K-through-12 back-to-school efforts.

  • The Container Store selects signage solution from Episys

    Chicago -- The Container Store has selected the Retail Enterprise Suite signage solution from Episys to produce high-quality signage and boost promotional effectiveness and customer service across its stores nationwide.

  • Regency Centers to develop new Seattle community shopping center

    Jacksonville, Fla. -- Regency Centers announced it will construction of Grand Ridge Plaza, a 280,113-sq.-ft. shopping center, anchored by market-dominant grocer Safeway, on 24.58 acres.

    Located in the heart of Issaquah Highlands, a master-planned community east of downtown Seattle, Grand Ridge Plaza will be the only major retail center to serve the community and is projected to draw shoppers from around the region.  

  • Former Whirlpool exec named CIO at Lowe's

    MOORESVILLE, N.C — Former Whirlpool executive, Kevin Summers, has been appointed chief information officer of Lowe's, effective July 9. Summers will report to chairman, president and CEO Robert Niblock. He replaces Michael Brown, who retired earlier this month.

  • Walmart's Mexican expansion delay has international implications

    The timing of store openings in Mexico and Central America will be delayed by as much as 90 days due to what the company described as “process changes” that will increase the time required to open a store.

    Wal-Mart de Mexico, S.A.B. de C.V. in an update to its expansion program disclosed to the Mexican Stock Exchange that it contemplated completing its 2012 expansion program 60 to 90 days later than originally planned. As a result new store openings for the current year will now range between 325 and 335 units.

  • TNP acquires Bloomingdale Hills in Tampa, Fla., suburb

    Irvine, Calif. -- TNP Strategic Retail Trust said Friday it has acquired Bloomingdale Hills, a 13-acre retail center in the Tampa, Fla., suburb of Riverview.

    TNP is a public non-traded REIT that invests in grocery and drugstore anchored, multi-tenant necessity retail properties and other real estate-related assets.

    Bloomingdale Hills comprises about 78,500 sq. ft. of rentable space, as well as a fully improved, undeveloped land parcel.

    The center is anchored by Wal-Mart Neighborhood Market and is 100% leased.
     

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