Skip to main content

News

  • San Diego’s Design District to get new center

    San Diego-based RAF Pacifica Group recently acquired a 40,000-sq.-ft. land parcel (formerly the site of Cedros Gardens), in the Solana Beach section of San Diego for $5.5 million from a private owner.   The firm plans to develop 26,000 sq. ft. of the property, located within the rapidly growing Cedros Design District. The upscale community is known for its two-and-a-half-block, open-air shopping district housing yoga studios, eateries, galleries, and weekly farmers market.  
  • Office supplies chain sheds more of its international businesses

    Office Depot continues to make good on its promise to focus on its North American business.     The company announced it has reached an agreement to sell its business in Australia and New Zealand to Platinum Equity, a global private equity firm. The transaction is subject to regulatory approval in each country and is expected to close within the next several months.  
  • Albertsons adds new exec position

    Albertsons Companies has appointed Wayne Denningham, currently executive VP and COO, to the new role of president and COO for Albertsons Companies. Denningham will continue to lead store operations with added oversight of marketing & merchandising, supply chain, manufacturing, and integration, all of which will continue under their current leadership.  
  • Inland scores 75th acquisition in last two years

    Inland Real Estate, the Oak Brook, Illinois, acquisition machine headed by Joe Cosenza, has purchased another center to keep the acquisition tote board on its website churning past $44 billion.   Its latest purchase is the 199,335-sq.-ft. Pentucket Shopping Center in Plaistow, New Hampshire, 40 miles north of Boston. The center houses Home Depot, Staples, and Bed Bath & Beyond and is shadow-anchored by a Super Walmart.  
  • Quick-service giant reaches for the cloud — Amazon’s cloud

    Amazon’s cloud computing platform is helping Dunkin’ Brands has secured its customer-facing processes by moving to the cloud.   
  • Harris Poll: The retail brands of the year are…

    The Harris Poll has released its 29th annual study of America’s top brands, and Kohl’s is one of the retail brands on top.   Kohl’s earned the top position in the department store category of the poll, in which more than 100,000 U.S. consumers assessed more than 4,000 brands across more than 450 categories.    Other retailers named as Brands of the Year included:     Luxury department store: Nordstrom  Off-price: TJ Maxx 
  • Target weighing options for Food + Future lab

    Target’s food-based innovation lab, which was targeted to be shut down, may get a second lease on life.   Target’s Food + Future lab initiative ended up on the retailer’s chopping block — along with other innovative projects — as it refocuses efforts on its core business. However, on Tuesday, April 17, sources said an inves-tor approached the chain with an offer, reported the Star Tribune.   
  • Study: Apparel retailers still seek the perfect technology fit

    As more shoppers embrace digital solutions, apparel retailers must merge online and offline experiences to drive e-commerce sales.   This was according to “Apparel Trend Report: Reconciling the Tech with the Tactile,” a report from Criteo that highlights the latest shopping trends in the apparel and accessories retail category. The report offers insight into shifting shopper behavior and actionable intelligence for retailers and brands as they seek to fully capitalize on the apparel e-commerce ecosystem.  
X
This ad will auto-close in 10 seconds