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Logistics

  • RadioShack inks deal in New Jersey shopping center

    North Plainfield, N.J. — RadioShack has leased 2,556 sq. ft. at the 175,515-sq.-ft Hamilton Plaza in Hamilton Township, N.J., according to Levin Management, the property’s managing and leasing agent. Metro Commercial Real Estate Inc. served as the tenant’s broker in the transaction.

  • Century 21 rolls out out same-day delivery at downtown NYC location

    Century 21 has enlisted retail concierge service Hobson to offer same-day delivery to hotels and homes in Manhattan from their downtown flagship location.

    For “a small fee,” customers will be able to drop off their purchases at the Century 21 Hobson booth on the ground floor of the newly renovated store for guaranteed same-day delivery.

  • The Children’s Place selects GT Nexus platform to support business growth

    Oakland, Calif. -- GT Nexus announced that The Children's Place, the largest pure-play children’s specialty apparel retailer in North America, has selected its technology platform and services to enable its global supply chain and support business growth. The cloud-based platform will help Children’s Place, which operates 1,116 stores and an online store, automate and streamline ordering, manufacturing and transportation processes.

  • Divaris leases nearly 7,000 sq. ft. to Goodwill

    Washington, D.C. — Divaris Real Estate has announced that Goodwill has signed a 6,954-sq. ft. lease at Divaris-leased Maddex Square Shopping Center in Shepherdstown, W. Va.

    Divaris
    represented the landlord in the lease negotiations. Food Lion and McDonalds anchor Maddex Square.

     

  • Amazon expands footprint in California

    Amazon.com is finalizing plans to open a new 1.2 million-sq.-ft. fulfillment center in Moreno Valley, Calif., which will create more than 1,000 full-time jobs ahead of the holiday shopping season.

    This will be Amazon’s fourth fulfillment center in the state. The company’s other sites are located in Patterson, San Bernardino and Tracy.

  • Sears conducting wide-ranging strategic view of business

    Sears Holdings is considering spinning off its Lands’ End and Sears Auto Center brands as part of a wide-ranging strategic review of its business. The company’s Sears Canada subsidiary has also sold five Canadian store leases to Cadillac Fairview Corporation Limited for about $383.4 million.

  • Why Macy’s is winning with omnichannel

    Macy’s is poised to have its best digital Christmas ever thanks to a major expansion of ship from store fulfillment capabilities that enable the company to provide an omnichannel experience.

    This holiday season, Macy’s will be able to fulfill orders placed online from 500 of its more than 800 stores, a major expansion from last year when ship from store was available at 250 locations.

    “The way we view omnichannel is about having stores serve as another fulfillment location,” said Pam Sweeney, Macy’s SVP of logistics systems.

  • Fountain Mathes I acquires shopping center portfolio

    New York -- Fountain Capital and Cheney & Mathes Properties have announced through their partnership, Fountain Mathes I, that they have acquired a 450,000-sq.-ft. portfolio of retail shopping centers with 16 properties in 10 states. Each center is shadow-anchored by Wal-Mart projects.

    The centers largely contain national credit tenants such as AT&T, Cato, Dollar Tree, GameStop, Hibbett Sports, Payless and Shoe Show. The portfolio is 95% occupied.

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