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  • The Fresh Market VP real estate to step down

    New York -- The Fresh Market announced the resignation of Randy Kelley as SVP real estate and development. Kelley, who is leaving the grocer, to pursue a new business opportunity, will remain with the company through early spring.

  • Overstock.com opens Kentucky warehouse

    Salt Lake City -- Overstock.com said Wednesday it has opened a distribution and returns facility in Hebron, Ky., outside Cincinnati.

    The facility, the company’s second, will receive product returns and handle outbound shipments.  Overstock.com officials say this additional distribution facility will reduce the time for resolution and refunds for customer returns.  

    The company’s primary warehouse will remain in Salt Lake City.

     

  • Clarion Partners awards JLL leasing, management of Coral Sky Plaza

    Royal Palm Beach, Fla. -- Jones Lang LaSalle Retail announced that the firm has been retained by Clarion Partners as the exclusive leasing and management agent for Coral Sky Plaza in Royal Palm Beach, Fla.

    The 233,000-sq.-ft. strip center is anchored by BJ’s Wholesale Club and is currently 97% leased.

    Coral Sky Plaza is tenanted by Ross Dress for Less, Bed Bath & Beyond, Buy Buy Baby and BJ’s Wholesale Club. Jones Lang LaSalle said it is currently seeking high-impact retailers to fill a vacant endcap space.

     

  • 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.

  • 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.

     

  • Same day delivery could be WMT's secret weapon

    With 4,000 U.S. stores serving as product depots, same day delivery holds great potential for a retailer with an unrivaled retail footprint, assuming a strategy can be developed to profitably unlock the opportunity.

    Walmart has experimented with same day delivery on the west coast where order are fulfilled from stores and a broader rollout of the service would seem inevitable at some point in the future given online shoppers desire for immediate gratification.

  • U.K. firm expands same day delivery to U.S.

    Same day delivery firm Shutl will begin offering its service next month in New York, San Francisco and Chicago.

    Thanks to $6 million in funding from partners such as UPS, e.ventures and Notion Capital, plans call for the firm to expand the delivery offering to 17 additional metropolitan areas later this year with the goal of enabling conventional brick and mortar retailers to realize their multichannel potential.

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