Store Systems

Grapevine, Texas - A new, streamlined trade-in program will launch nationwide at all GameStop stores on Aug. 18 that simplifies all the variables that affect the amount customers are eligible to receive when selling a game in a store. As a result, GameStop now has more than 100 games worth $20 or more.

Cincinnati -- Phillips Edison-ARC Grocery Center REIT II Inc. has acquired Kipling Marketplace, adding a property in Colorado to the company's portfolio. Kipling Marketplace is a 90,124-sq.-ft. grocery store-anchored shopping center located in Littleton, Colorado, part of the Denver metropolitan statistical area.

Kipling Marketplace is anchored by a Safeway grocery store, the number two grocer in the Denver area. Other national and regional tenants at the center include Sylvan Learning, Dairy Queen, Cost Cutters, and H&R Block.

Charlotte, N.C. -- Aston Properties announced plans to develop Caldwell Crossing in Harrisburg, North Carolina, on the corner of Caldwell Road and Hwy. 49. 

Construction has begun on the 85,000-sq.-ft. center with an anticipated opening date in late fall 2015.

Caldwell Crossing will be anchored by a Harris Teeter grocery store and will include up to 26,000 sq. ft. of small shops. In addition to Harris Teeter and the shops, the center will include two outparcels.

Shanghai, China -- M&M’S celebrated the grand opening of its first M&M’S World store in Asia – M&M’s World Shanghai, a 17,000+-sq.-ft. entertainment destination that marks the brand’s fifth M&M’s World flagship store. Current flagships include Times Square, New York; Orlando; Las Vegas; and Leicester Square London.
 
Spanning two floors and combining iconic Chinese landmarks and cultural elements, the store features a large array of candies and M&M-branded merchandise.

St. Louis -- A settlement in a Schnuck Markets, Inc., security breach class-action lawsuit has been reached and a notification program is underway, as approved by the Circuit Court of the City of St. Louis, State of Missouri.

Customers of 79 Schnuck grocery stores are being alerted that the breach, which occurred between December 9, 2012 and March 30, 2013, has been settled and that they may be entitled to a share of the proceeds.

Brooklyn, N.Y. -- Winick Realty Group said that Pair Wine and Cheese, a retail café focused on the precise pairings of wines and cheeses, has signed a lease for its first location at 140 Atlantic Avenue between Henry and Clinton Streets in the Cobble Hill section of Brooklyn.

Set to open in fourth quarter 2014, Pair Wine and Cheese will occupy approximately 1,000 sq. ft. on the ground floor, as well as about 500 sq. ft. in an outdoor garden.

GameStop plans to offer customers more for their pre-owned video games with a new, streamlined trade-in program that will launch nationwide August 18.

The program will feature four price-points depending on whether a customer chooses cash or in-store credit for their items and whether they are a PowerUp Rewards Pro member.

For example, a customer who is a PowerUp Rewards Pro member who sells a game valued at $20 for credit could get $22, whereas a customer who sells that game for cash and who is not a PowerUp Rewards Pro member would get $16.

Houston -- Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced that construction has begun on its retail center in Tomball, Texas.