Logistics

Ontario, Calif. -- Westwood Financial Corp. has sold Pacific Plaza Shopping Center located at in Ontario, Calif., for $7.4 million.

“This transaction is the latest in our firm’s overall plan to rebalance our portfolio, as the funds generated here will be reinvested in grocery-anchored properties in the Southeast,” said Westwood financial executive VP Joe Dykstra.

Atlanta -- Supply chain optimization provider Manhattan Associates said Wednesday that Charming Shoppes has selected solutions from the Manhattan SCOPE supply chain portfolio to optimize its distribution, transportation and distributed order processes in its Greencastle, Ind., distribution center.

Toronto -- Sears Canada Inc. said Tuesday it has agreed sell its Cantrex Group operations to Nationwide Marketing Group.

Sears Canada will maintain ownership of appliance brand Corbeil Electrique.

Cantrex was purchased by Sears Canada in 2005 in order to further develop its merchandising, buying, and logistics services in the furniture and appliance sectors. Corbeil became part of the Sears portfolio through this purchase and recently Sears has announced its plans to expand Corbeil's operations to the Greater Toronto Area this year.

West Bridgewater, Mass. -- Five Shaw’s Supermarkets in Maine, New Hampshire, and Vermont, have reached a major environmental milestone in the company’s “zero waste” program by diverting over 90% of all store waste from local landfills.

The environmental impact of the five stores has been significant:

Landfill operators got some bad news this week when Walmart said it prevented 81% of waste generated by U.S. stores from going to landfills. That nugget is just one example of the progress Walmart has made on its broad sustainability agenda and was among numerous others contained in the company’s 5th annual Global Responsibility Report released this week.

Phoenix -- Cole Real Estate Investments and RED Development have announced the acquisition of Macerich’s interests in two retail power centers located in Chandler, Ariz.

In a related transaction, Cole acquired 100% ownership of a third power center located in Gilbert, Ariz. The transaction value for all three properties is $100.55 million.

Bentonville, Ark. -- Wal-Mart Stores’ efforts to reduce waste and boost recycling added $231 million to its bottom line last year, company CFO Charles Holley said at the chain’s 2012 Global Sustainability Milestone Meeting.

Other speakers at the event, which was web cast live, included Mike Duke, president and CEO, Walmart; Doug McMillon, president and CEO, Walmart International; and Bill Simon, president and CEO, Walmart U.S.
 

Deerfield, Ill. -- Walgreens named Reuben Slone senior VP supply chain management, effective May 16. He comes to Walgreens from OfficeMax, where he served as executive VP supply chain and general manager of services

Slone takes over supply chain management responsibility from Randy Lewis, who is transitioning to a new role with the chain. Lewis will continue to help advise on the company’s programs for people with disabilities and will play a critical role in several of Walgreens key strategic initiatives.