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  • Buffalo Wild Wings inks New Jersey deal

    Watchung, N.J. -- RAS Brokerage announced that it has secured a lease for Buffalo Wild Wings at BJ’s Shopping Center, located in Watchung, N.J.

    Buffalo Wild Wings has signed a lease for a 5,856-sq.-ft. end-cap at the Vornado Realty Trust-owned center.

    AMPAL Restaurant group d.b.a. Buffalo Wild Wings opened its first unit at the Monmouth Mall in 2010. The Watchung store will be its second and will open on March 7. 

    RAS Brokerage is the restaurant division of Plymouth Meeting, Pa.-based Fameco Real Estate, LP.

  • Sam’s Club to carry select GNC products

    Pittsburgh -- General Nutrition Centers said Tuesday that Sam's Club will start selling a few of its products this month.

    About 400 Sam's Club locations will start by selling two products, a 2-pound container of GNC Pro Performance whey protein for $18.09 and a 1.7-pound bottle of GNC Total LeanT Lean ShakeT for $22.98. Sam's Club will rotate other products onto shelves throughout the year.

    GNC said it will work with Sam's Club to develop products specific to Sam's Club members.

  • Wal-Mart de Mexico to open 445 stores in 2011

    New York City -- Wal-Mart de Mexico SAB (Walmex) plans to increase investment by 45% in 2011 from last year as it expands its business in Mexico and Central America, Bloomberg reported.

    Capital expenditures will increase to 18.97 billion pesos ($1.56 billion) this year, CEO Scot Rank said in remarks broadcast on the company’s website.

  • Dunkin’ Donuts to open 500 stores in India via franchise with local partner

    New York City -- Dunkin’ Brands plans to open 500 Dunkin’ Donuts stores in India over the next 15 years through a partnership with restaurant chain operator Jubilant FoodWorks Ltd.

    Dunkin’ Donuts signed a franchise agreement with Jubilant, according to a statement distributed by PR Newswire today. The first Dunkin’ Donuts shop will open early next year, and will feature the company’s signature coffee and bakery products as well as food developed specifically for the Indian market.

  • Urban Outfitters teams with MID Retail for store allocation solution

    Indianapolis -- MID Retail said Wednesday that Philadelphia-based Urban Outfitters has selected its Advanced Allocation Software to forecast and distribute merchandise for all store locations across its Urban Outfitters, Anthropologie, and Free People brands.

    MID Retail provides software solutions primarily for Merchandise Planning, Store Planning and Allocation, Fashion Replenishment and Assortment Planning applications for large retailers and national chains.

  • Dollar Tree profit surges 20%

    Chesapeake, Va. -- Dollar Tree's fiscal fourth-quarter earnings rose 20.4% to $162.5 million amid rising sales and widening margins.

    Net sales for the quarter, which ended Jan. 30, increased 10.7% to $1.73 billion . Same-store sales were up 3.9%.

    The company's top-performing categories in the quarter included food, party supplies, health and beauty care, and housewares and home products.

  • TJX profit drops on store closing costs

    Framingham, Mass. -- TJX Cos. reported a 15% drop in fourth-quarter earnings, dragged down by costs to close its A.J. Wright store division. The company also plans to repurchase $1.2 billion of its stock this fiscal year and raise its dividend.

    The retailer earned $334.4 million in the three months ended Jan. 29, compared with $394.9 million in the same period last year.

    Revenue rose 6.5% to $6.33 billion. Same-store sales were up 2% over the prior year’s strong 12% increase.

  • Store closures impact TJX's profit

    FRAMINGHAM, Mass. — TJX Cos. reported a 15% drop in fourth-quarter earnings, dragged down by costs to close its A.J. Wright store division. The company also plans to repurchase $1.2 billion of its stock this fiscal year and raise its dividend.

    The retailer earned $334.4 million in the three months ended Jan. 29, compared with $394.9 million in the same period last year.

    Revenue rose 6.5% to $6.33 billion. Same-store sales were up 2% over the prior year’s strong 12% increase.

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