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Supply Chain & Merchandising

  • FM completes $20 million credit facility

    Hartford, Conn. -- RBS recently completed a $20 million senior credit facility for FM Global Holdings (FM Facility Maintenance). The proceeds will be used to provide working capital for growth and acquisition financing.

  • Just Fitness to open at Spring Creek Marketplace

    Plano, Texas --- The Weitzman Group/Cencor Realty Services said that Just Fitness 4 U has leased 21,577 sq. ft. of anchor space in Spring Creek Marketplace, a shopping center located in Plano, Texas, for its fifth Dallas/Ft. Worth location.

    Just Fitness 4 U, which currently operates locations in Dallas, Carrollton, Mesquite and Hurst, also operates in key markets such as Atlanta and Salt Lake City.
     

  • Tuesday Morning opens stores in Pennsylvania, Virginia

    New York City -- Centro Properties Group said Wednesday that Tuesday Morning stores have recently opened in Centro shopping centers in Pennsylvania and Virginia.

    The retailer opened a 10,440-sq.-ft. store at New Britain Village Square, located in Chalfont, Pa., and a 17,089-sq.-ft. store at Jefferson Green, located in Newport News, Va.

  • Toy industry loses long-time veteran

    Sydney Rosen, former chairman of Rose Art Industries and a toy industry veteran, died on June 2 at the age of 94. 

    Rosen's career in the toy industry began when he went to work for his father's company, Rosebud Art, following a medical discharge from the army. Rosen's father Isidor was an artist and lithographer by trade, creating children’s toys and arts and craft sets, games and puzzles, and eventually Sydney and his brother Irving took over the business themselves as Isidor retired.  Ultimately Rosen bought his brother’s share.

  • GE Capital: Retail CFOs more optimistic, look to invest

    Norwalk, Conn. -- Retail chief financial officers (CFOs) of U.S. middle-market companies are becoming more optimistic concerning the state of the industry, according to the latest GE Capital survey of  retail CFOs of companies with revenues ranging from $50 million to $1 billion.

  • Anthropologie to open on Upper East Side

    New York City -- Cushman & Wakefield announced that Anthropologie will replace the Lowes movie theater on the northwest corner of Third Avenue and 71st Street, in Manhattan.

    The theater, which had occupied the space for 50 years, closed at the end of 2010.

    The apparel retailer, which has three other locations in New York City (50 Rockefeller Plaza, 85 Fifth Avenue and 375 West Broadway) will occupy approximately 15,000 sq. ft., combining the ground floor and lower level.

  • Five Below opens at Cortlandt Town Center

    Mohegan Lake, N.Y. -- Dallas-based SRS Real Estate Partners said that it negotiated a 7,210-sq.-ft. lease for Five Below at Cortlandt Town Center in Mohegan Lake, NY.

    The new store opened in September 2010.
     

  • Blockbuster Express kiosks arrive at Delhaize America banners

    DULUTH, Ga. — Delhaize America banners are getting the kiosk treatment.

    NCR is adding more than 800 Blockbuster Express kiosks to Delhaize America supermarkets, including Food Lion, Bottom Dollar Food, Harveys and Reid's across 11 states.

    Blockbuster Express kiosks will be located either inside or outside the stores and provide easy access to a wide selection of popular movies, starting at a promotional price of $1 per night per rental, NCR said.

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