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News Briefs

  • 8/28/2026

    JLL acquires Midtown Village in Alabama

    JLL

    JLL has added an open-air shopping center in a prominent Southern college town to its portfolio.

    The JLL Income Property Trust has acquired Midtown Village in Tuscaloosa, Ala., for a purchase price of approximately $94 million. The 345,000-sq.-ft. property is one of the most visited retail centers in the state, with over 5.7 million annual visits. Tenants at Midtown Village include Best Buy, Planet Fitness, American Eagle, Old Navy, Ulta Beauty and more, along with several national fast-casual eateries including Chipotle, Chicken Salad Chick and Tropical Smoothie Cafe. 

    The property is located 1.5 miles from the University of Alabama's main campus and within one mile of DCH Regional Medical Center, Tuscaloosa's largest regional hospital. The city’s population was estimated at over 114,000 as of 2025.

    "Midtown Village offers an attractive enhancement to our retail portfolio," said Allan Swaringen, president and CEO of JLL Income Property Trust. "The enduring demand of this strong tenant roster supports stable operating performance, and the center is well positioned in a thriving submarket with proven traffic. With retail construction and vacancies declining nationally, we anticipate this continued supply-demand imbalance to drive returns for the sector as a whole."

    [READ MORE: Enclosed San Diego center acquired by joint venture]

    The JLL Income Property Trust portfolio now contains approximately $900 million in assets across 22 open-air shopping centers.

  • 8/27/2026

    Walmart adds new brand to its fashion lineup

    Walmart Scenario

    Walmart has launched the latest chapter in its fashion — and private label — evolution.

    During the past five years, the retail giant has launched or relaunched 15 fashion private brands. The company’s newest offering is  Scenario, which it describes as having a “romantic, modern bohemian point of view.”

    The 280-piece collection spans apparel, shoes, jewelry, handbags and accessories. The vast majority of items are priced under $25. 

    The new line combines feminine silhouettes, vintage-inspired prints and rich textures with versatile pieces designed for everyday life. The idea for Scenario started with Walmart customers, the retailer said. Research found that nearly one in five women identifies “boho” as one of her top style preferences, while trend forecasting and merchant insights reinforced the enduring appeal of modern bohemian style.

    [READ MORE: Walmart to roll out tap to pay option Aug. 24]

    “We are on a journey to democratize fashion because we believe everyone should have access to beautiful clothes, regardless of their budget," said Denise Incandela, executive VP of fashion, Walmart U.S. "Scenario brings a feminine, modern bohemian point of view to Walmart, with incredible style and quality at an extraordinary value."

  • 8/27/2026

    TXB names former Stinker Stores CEO as president

    TXB

    A regional convenience chain has named a new leader.

    Nate Brazier has been tapped to serve as president of Texas Born (TXB). In the role, he will oversee the day-to-day operations of the retailer, which operates more than 50 locations spanning 200,000 square feet in Texas and Oklahoma.

    Brazier most recently served as the CEO of Idaho-based convenience chain Stinker Stores, having stepped down from the position this May after two years in the role. Brazier spent a total of six years with the retailer, and served as its chief operating officer before taking the reins as CEO.

    "Welcoming Nate to the TXB family is a direct reflection of where we're headed," said Kevin Smartt, owner and CEO of TXB, which was founded as Kwik Chek in 1972. "We're building the organization and leadership team capable of operating a best-in-class convenience retail experience for our guests. Nate brings the kind of experience that can help us build on this momentum while also sharing the philosophy TXB was built on.”

    Smartt added that TXB will focus on “growth, strategy, capital allocation, acquisitions, industry relationships and the long-term direction of the company” following the addition of Brazier to its leadership team. TXB currently has five new stores in its development pipeline.

    [READ MORE: Casey's acquires Texas convenience chain]

    "TXB has a great foundation," said Brazier. "My goal is to build on that foundation by investing in our people, continuing to differentiate TXB through fresh food and strengthening the culture that makes this company special. Kevin and I are both detail-oriented and I'm expecting great things from our collaboration."

  • 8/27/2026

    Survey: Why frontline workers feel 'under appreciated'

    retail workers

    A large portion of American frontline employees don't feel appreciated enough for their work.

    That’s according to a new survey from AI-powered workforce management platform Fountain, which found that 47% of frontline workers feel they are under appreciated given how essential they are to the economy. More than half (56%) say most people have no idea how stressful the work really is, while nearly seven-in-10 (69%) reported feeling at least somewhat replaceable.

    When asked what their biggest points of stress are on the job, frontline workers pointed to last-minute schedule changes (41%), no clear path to advancement (31%) and having little say over when and how they work (30%). The survey found that roughly a quarter of workers surveyed said they feel “pessimistic” about the future of frontline work.

    [READ MORE: Study: Frontline workers say customer aggression on the rise]

    Despite these feelings of under appreciation, a sizable majority (77%) of frontline workers are proud to tell people what they do, while 68% say their manager regularly or sometimes asks for their input. Sixty-three percent say they feel respected by the customers they serve.

    Workers surveyed also expressed optimism about technology making their jobs easier. Almost half (45%) said technology has already improved their day-to-day work. Scheduling is the task they're most comfortable letting AI handle, according to the survey.

    "So much of feeling valued at work comes down to control over your own time," said Tanya Carlson, senior VP of customer success at Fountain. "When the hiring process bends to the worker's schedule, it's a form of respect."

    For its report, Fountain commissioned a Propeller Insights survey of 1,014 U.S. frontline workers, conducted in June 2026.

  • 8/26/2026

    U.S. Postal Service to raise rates for peak holiday season

    Female Product Supplier in Truck with Cardboard Boxes Using Tablet Computer, Talking by Phone. Female Driver Working in Express Delivery Service, Delivering Online Orders, E-Commerce Goods, Food.; Shutterstock ID 2648223817

    The U.S. Postal Service is seeking a temporary rate increase that would impact retail and commercial shipments during the upcoming holiday season.

    If approved by the Postal Regulatory Commission (PRC), the temporary adjustment would amount to a 6% average increase. It would affect prices on the following retail and commercial domestic competitive parcels: Priority Mail Express, Priority Mail, USPS Ground Advantage and Parcel Select. No other products or services would be affected.

    If approved, the temporary rates would go into effect at 12 a.m. CT on Oct. 4. They would remain in place until 12 a.m. CT on Jan. 17, 2027.

    “This seasonal adjustment will bring prices for the Postal Service’s retail and commercial customers in line with competitive practices,” the USPS said in a release.  

    The exact price increase customers will face under the new levy varies according to the service used, distance shipped and package weight.

    The complete Postal Service price filings with prices for all products can be found on the PRC website under the Daily Listings section at here.

  • 8/25/2026

    Target apologizes for ‘offensive’ Halloween costume

    Bronx, NY - October 2, 2021: Target Corporation corporate logo on retail department store at the Throgs Neck Shopping Center.; Shutterstock ID 2063027351

    Target Corp. has apologized for — and stopped selling — a children’s Halloween costume that evoked a firestorm of online criticism.

    The $25 “clown” costume was advertised on the retailer’s website and has since been pulled. The outfit featured a black-and-orange printed bodysuit, black gloves, mini top hat and an exaggerated smile with oversized white teeth. It was listed as the “Kids’ Glows under Blacklight Circus Clown Halloween Costume Bodysuit” from Target’s Hyde & EEK! Boutique line.

    The costume sparked social media backlash, with critics saying it evoked racist stereotypes of Black people, specifically imagery associated with blackface and Jim Crow-era minstrel shows. Also, in a promotional image, a young black boy modeling the costume is shown standing with one leg and arm raised in a waving gesture, a pose that has long been associated with the minstrel shows.

    “As a company, we know we got this wrong, and we are deeply sorry," Target said in a statement. “We know this is especially hurtful for our Black guests, team members and partners.”

    Minstrel shows were a form of 19th-century American theater built around caricatures of Black people and culture. Performers, who were usually white, wore blackface and performed for predominantly white audiences.

    Here is Target’s full statement regarding the costume:

    “As a company, we know we got this wrong, and we are deeply sorry," the retailer said. "The costume is offensive and should never have been part of our assortment. It is no longer available for sale. We know this is especially hurtful for our Black guests, team members and partners. Removing the costume is an important first step, and the company is looking closely at how this happened and what needs to change to ensure this won’t happen again.”

    The incident came about two weeks after Target unveiled its 2026 Halloween assortment. 

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