Store Systems

New York -- Thor Equities has expanded its international portfolio by acquiring a retail property at 777 Saint Catherine Street in Montreal. The historical building is located on the corner of McGill College Avenue and Saint Catherine Street, in the heart of Montreal’s prime shopping corridor.

Green Bay, Wis. -- Shopko on Monday announced plans to open 20 new Shopko Hometown stores in late March. The company recently acquired the rights to occupy the 20 stores, with locations primarily in Texas, North Dakota, Kansas and Minnesota, which were previously operated by Alco Stores.

The conversion to the Hometown banner will include a mix of new interior and exterior signage, carpet, paint, updated and supplement fixtures and lighting, improved store design and layout, as well as an expanded merchandise mix.

Chillicothe, Ohio -- Petland has appointed former Walmart exec Tony Samples as VP of corporate stores. Samples will lead Petland's retail store division and oversee the company's merchandising and marketing efforts.  

"Tony brings extensive retail experience to Petland at a time when Petland is expanding its retail footprint," said Petland president and CEO Joe Watson.

Publix continues to be a blockbuster in its industry, as the grocery chain posted a 7.4% increase in profits in the fourth quarter.

The Florida-based retailer reported a profit of $453.3 million in the fourth quarter, compared to $422 million in 2013. Earnings per share for the fourth quarter increased to $0.58 for 2014, up from $0.54 per share in 2013. Publix reported net sales of $7.9 billion; same store sales increased 6.4%.

Lakeland, Fla. -- Publix Super Markets turned in another great quarter, a 7.4% increase in profits and a 6.9% increase in sales in the fourth quarter.

The reported a profit of $453.3 million in the fourth quarter, compared to $422 million in the year ago period. Net sales totaled $7.9 billion; same store sales increased 6.4%.

New York -- It takes a scorecard these days to keep up with the fast-moving mobile payments industry. On the heels of Samsung’s announcement that it would roll out Samsung Pay in the United States this summer, PayPal announced it is buying mobile wallet technology start-up Paydiant.

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Waco, Texas. The new store is slated to open Feb. 28 and is located in the Parkdale Shopping Center at North Valley Mills Drive and Bosque Boulevard, 13 miles southwest of Baylor University.  

Texas is the retailer’s second largest state with a total of 32 stores.  Including this new location, dd’s Discounts will operate over 155 locations in 15 states.
 

New York -- Fitness buffs can shop and also get in a workout at Nike’s new women’s store at Fashion Island, in Newport Beach, California. The 6,000-sq-ft. plus space combines the best of the company’s women’s products with an in-store fitness studio.

The glass- and wood-paneled studio, the first for Nike in a U.S. retail location, features free group or personal fitness training sessions. It also enable customers to try out training and running footwear and apparel.