News

Publix is making its North Carolina debut with the planned opening of a new store in the greater Charlotte area.

The company has signed a lease for a store at Providence Road West and Johnston Road in Ballantyne. The store will be part of a new division based in Charlotte.

While Ballantyne marks Publix’s long awaited entry into North Carolina, the company is looking ahead to continued growth within the state and in its current operating areas of Florida, Georgia, South Carolina, Alabama and Tennessee.

Jacksonville, Fla.-based Regency Centers has acquired Balboa Mesa Shopping Center, a 189,321-sq.-ft. infill shopping center anchored by a 42,247-sq.-ft. Vons grocery store.

Regency purchased the San Diego property for $59.5 million from Balboa Realty LLC.
 
Built in 1969, Balboa Mesa Shopping Center is also anchored by a 77,000-sq.-ft. Kohl’s and a 24,000-sq.-ft. CVS/pharmacy.

Premium adult beverage maker Diageo received the Carbon Disclosure Project’s top distinction for its efforts in the area of climate change strategy, emissions disclosure and performance.

HATTIESBURG, Miss. — Interior designer Cathy Hobbs has been named as the exclusive brand ambassador for Mythic Paint, a maker of zero-volatile organic compounds (VOC), zero-toxins and non-carcinogenic high performance paint.

NEW YORK — While holiday retail sales will remain flat or only slightly up from last year, emerging consumer buying trends will have significant implications for retailers, according to a new survey from Booz & Co.

SINGAPORE and ATLANTA — RedPrairie, a global supply chain and retail technology provider, announced that Adidas, a global leader in state-of-the-art sports footwear, apparel and accessories, has gone live with RedPrairie Workforce Management (WFM) at its Singapore retail locations. Adidas will leverage RedPrairie WFM to increase employee productivity and optimize scheduling to help adidas deliver optimal customer service to Singapore consumers.

Whole Foods seems to have figured out that a mall setting shouldn’t be a real estate deterrent. In fact, it might be a real asset.

The grocer has been stretching its site-selection wings over the last couple of years, but has positively taken flight with its latest opening – a 32,000-sq.-ft. store at the Fashion Island regional shopping center in Orange County, Calif.

WAYNE, N.J. — Toys"R"Us revealed its 2012 hot toys list Wednesday, but not before Walmart did the same, giving the discounter a head start and the opportunity to poke fun at the toy retailer's earlier announced toy reservation program.