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Logistics

  • Mitigating the impact of Mideast tensions on retailers

    By John Haber, [email protected]

    For the past two months, consumers have paid higher gas prices as a result of the political unrest in the Mideast. But, consumers aren’t the only ones feeling a pinch. Retailers are feeling it too as many suppliers, manufacturers and distributors implement “emergency fuel surcharges” as reported by The Wall Street Journal in late March of this year.

  • Walmart to anchor power center on 13.5 acres on Chicago’s South Side

    Chicago -- Jones Lang LaSalle said Monday that, on behalf of Monroe Investment Partners LLC, it has closed the sale of a 13.5-acre parcel on Chicago’s South Side to Walmart, which purchased the shovel-ready pad in the Chatham Market shopping center to build a 155,000-sq.-ft. supercenter.

    This will be the first of six new full-scale stores Walmart has announced it plans to build in the City of Chicago.

  • J. Crew to expand DC to support international expansion

    New York City -- J. Crew said Tuesday that it plans a $20 million expansion of its Lynchburg, Va., distribution center to facilitate the retailer’s goal of selling more clothes overseas.

    According to a report in the Lynchburg newspaper News & Advance, J. Crew is slated to open its first store outside the tates and start shipping orders to Europe by the end of 2011. Those orders will be filled at J. Crew’s facility in Lynchburg.

  • NRF: Expected rise in container traffic sign of economic recovery

    WASHINGTON -- Import cargo volume at the nation’s major retail container ports is expected to be up 9% in April over the same month last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Retail container traffic to rise 9% in April

    Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to be up 9% in April over the same month last year, according to the monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates.

  • Costco to anchor Frisco Trails Shopping Center

    Frisco, Texas -- The Commercial Retail Division of The Weitzman Group announced that Costco Wholesale Corp. will open a 148,000-sq.-ft. anchor store at Frisco Trails Shopping Center, located in Frisco, Texas.

    Frisco Trails Shopping Center is being developed by Cencor Realty Services. The center currently features a Home Depot shadow anchor, and includes space for an additional anchor, as well as six available pad sites for freestanding retail and restaurant uses. Costco will also develop a fuel center on a pad site at Frisco Trails.

  • RILA and CargoNet align to prevent cargo theft

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) and CargoNet jointly announced that they have strategically aligned to combat cargo theft across the retail industry.

    According to the 2010 United States Cargo Theft Report issued by CargoNet, reported incidences of cargo theft increased by 50% compared with 2009. According to the FBI, cargo theft is a multi-billion dollar industry in the United States.

  • Chipotle Mexican Grill to open at Woodmoor Shopping Center

    Silver Spring, Md. -- Jacksonville, Fla.-based Regency Centers said it has leased 1,990 sq. ft. of restaurant space in Silver Spring, Md., at Woodmoor Shopping Center to Chipotle Mexican Grill.

    The restaurant is slated to open this summer.

    The 67,403-sq.-ft. shopping center includes national retailers such as CVS/pharmacy, Starbucks, The UPS Store and Tuesday Morning.

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