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  • Walmart Canada to grand-open 30 stores in October

    Mississauga, Ontario -- Walmart Canada said Tuesday it will complete 30 real estate projects by the end of October, including two supercenter conversions and 28 new stores totaling 2.4 million sq. ft. of retail space.

    The new stores were former Zellers locations; 10 will be converted to supercenters and 18 will be Walmart Canada discount stores.

    “This is an exciting month for Walmart Canada,” said Jim Thompson, COO, Walmart Canada.

  • Chill Berry to open in upper Manhattan

    New York -- Prudential Douglas Elliman’s Retail Group said it has secured a long-term lease for Chill Berry Frozen Yogurt at 2121 Frederick Douglass Blvd., between 114th and 115th Streets in New York City.

    It is the second of two Harlem-based stores for the owners, with the first on Lenox Avenue and 131st Street.

    Neighboring businesses along the corridor include Harlem Tavern, the 5 and Diamond, Jado Sushi, Posh Paws, Mod Squad Cycles and Best Yet Market.

     

  • Retail container imports to increase 9.9% in October

    Washington, D.C. -- The Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates found that import cargo volume at the nation’s major retail container ports is expected to increase 9.9% in October as merchants wrap up the annual shipping cycle for holiday merchandise.

  • Wolverine Worldwide to complete Stride Rite, Keds acquisition

    Rockford, Mich. -- Wolverine Worldwide said Tuesday it will complete its previously announced acquisition of Collective Brands' Performance + Lifestyle Group, which consists of the Sperry Top-Sider, Saucony, Stride Rite and Keds brands, for $1.24 billion.

    The banners will become Wolverine’s largest operating group, adding more than $1 billion in revenue to Wolverine’s existing stable of brands such as Merrell and Hush Puppies.

  • Steak n Shake to make international debut

    San Antonio, Texas -- Steak n Shake said Tuesday it has signed its first international development agreement, which will bring the concept to the Middle East.

    Steak n Shake has signed an exclusive area development agreement with the Saleh Bin Lahej Group to open 40 restaurants throughout the United Arab Emirates. This agreement represents the initial expansion of the brand outside the continental United States.

  • Urban Outfitters enters Japan with Free People

    PHILADELPHIA — Urban Outfitters is entered into an exclusive deal with World Co. to bring its Free People brand to Japan.

  • Best Buy selects Brightstar to streamline reverse supply chain for mobile devices

    Chicago -- Brightstar Corp., a global provider of diversified solutions for the wireless device industry, announced that the company has been selected by Best Buy Co. to manage the retailer's entire inventory of returned mobile devices in the U.S.

  • Can Walmart small format close competitive gap?

    Family Dollar – like Dollar General – is opening stores as fast as it can and this week said it would add 500 new units ahead of what is expected to be an announcement by Walmart next week to accelerate growth of its own small format.

  • Deloitte: CPG companies not keeping up with explosive growth of dollar channel

    New York -- Only 58% of consumer product goods executives view dollar stores as a strategic channel, according to Deloitte’s new Dollar Store Strategies for National Brands study. Deloitte advises that CPG companies may not be keeping pace with the explosive growth of the $56 billion dollar store industry, and should act now to maximize market share and profits.

    In other survey highlights: 

  • Ashley Furniture, Pet Supplies Plus to open at Fairlawn Town Centre

    Fairlawn, Ohio -- Charter Realty & Development announced it has arranged -- in conjunction with Julius Feinblum Real Estate -- for a 27,587-sq.-ft. lease for Ashley Furniture and an 11,284-sq.-ft. lease for Pet Supplies Plus in the Fairlawn Town Centre in Fairlawn, Ohio.

    The shopping center is anchored by Target, Home Goods, Giant Eagle, Marc’s and USPS.

     

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