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  • KitchenAid cooks up first non-licensed product line

    CHICAGO — KitchenAid has announced plans to introduce the first line of non-licensed cookware, bakeware and kettles in its nearly 100-year history. KitchenAid had previously offered these products through a licensing arrangement.

    "These newest KitchenAid products look, feel and perform like those that built our reputation as a brand," said Michael Huie, global business unit director for KitchenAid.

  • Target Canada opens three pilot stores

    MISSISSAUGA, Ontario — As Target's Canadian debut draws near, the company 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.

  • Dr Pepper Snapple Group acquires Nev. bottling company

    PLANO, Texas — Dr Pepper Snapple Group has purchased a company that bottles its beverages for much of the West, the company said.

  • GNC to open new downtown Manhattan store

    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.

     

  • RKF arranges leases across Manhattan for Pret A Manger

    New York -- RKF announced that it has arranged four long-term leases for U.K.-based sandwich chain Pret A Manger.

    The new stores are located at 655 Sixth Avenue, 319 Broadway, 350 Park Avenue and 303 Park Avenue South. With the addition of these new stores, Pret A Manger will have 36 Manhattan locations.

    While the 655 Sixth Avenue location recently opened, the other three locations are slated to open in April.

     

  • Ahold to roll out more Peapod pickup points in 2013

    AMSTERDAM — Keeping stores open during Hurricane Sandy was one of the factors that contributed to an increase in total store sales and comps in the fourth quarter and fiscal year 2012 for Ahold USA, the supermarket operator's Dutch parent company said Thursday.

    Ahold attributed its 4.3% increase in sales in the fourth quarter, to $6.1 billion, partially to the Hurricane Sandy effort. The quarter also saw comps increase by 2.4%, while full year sales were $25.8 billion, a 3.1% over 2011, as comps increased by 1.4%.

  • Party City to expand growth in New England with acquisition of iParty Corp.

    Dedham, Mass. -- iParty Corp., a leading party goods retailer with a strong presence in New England, has entered into an agreement to be acquired by Party City Holdings Inc., North America’s largest party supply retailer.

  • Glass half full

    Sixty percent of retailers with at least two years of negative comps turn them positive.

    Here’s how. 

    Two years of deep same-store sales declines can easily feel like a death sentence for most retailers. However, the data suggests it is indeed far from that. 

    We analyzed all specialty retailers with sufficient public data over the last 20 years—nearly 70 retailers—and found that the majority of retailers who substantially underperformed the market ended up turning their comps positive in relatively short order. 

  • Energizer brightens lighting category with new products

    NEW YORK — Energizer is set to launch a new portfolio of lighting products this spring, the New York Times "Gadgetwise" blog reported today. The new line is expected to hit Target shelves in late March, followed by other mass merchandisers later on.

  • Stanley completes Infastech acquisition

    Stanley Black & Decker said it completed its acquisition of Infastech, a global manufacturer and distributor of specialty engineered fastening technologies.

    Stanley paid $850 million in cash for the Hong Kong-based company. The transaction was originally announced on July 2, 2012. 

    Infastech’s annual revenues are about $580 million. 

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