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August 27, 2014

For the first time in eight decades of publishing, Chain Store Age has compiled a list of the nation’s top retail real estate brokers, ranking them based on number of retail transactions in 2013, dollar amount of those transactions and, just as importantly, reputation in the industry. From hundreds of nominations collected from retailers and brokerage houses earlier in the summer, we have selected 15 as our debut “power brokers” list.

August 6, 2014

Aldi was recognized as the nation's low-price grocery leader for the fourth year in a row, according to a recent consumer survey conducted by Market Force Information.

New York -- Aldi was recognized as the nation's low-price grocery leader for the fourth year in a row, according to a recent consumer survey conducted by Market Force Information. Aldi announced in December 2013 that it intends to open 650 new stores across the country during the next five years.

When asked to rank the top grocers offering low prices, the 6,200 consumers who participated in the study ranked Aldi first, followed by Costco and Walmart third.

July 24, 2014

Ryder System, a leader in commercial fleet management and supply chain management solutions, announced the launch of its new “That’s Ryder” brand advertising campaign.

Miami -- Ryder System, a leader in commercial fleet management and supply chain management solutions, announced the launch of its new “That’s Ryder” brand advertising campaign. The campaign, the first of its kind for Ryder in nearly two decades, includes the debut of a new tagline for the company – Ever better.

July 16, 2014

Search ad spend increased 25% year-over-year and 2% quarter-over-quarter, according to Kenshoo, a leader in predictive media optimization technology.

San Francisco -- Search ad spend increased 25% year-over-year and 2% quarter-over-quarter, according to Kenshoo, a leader in predictive media optimization technology.

Among the key findings in the research:

• Search click-through rate increased 26%, driving a 15% increase in clicks year-over-year;

• Social ad spend increased 51% year-over-year and 21% quarter-over-quarter; and

• Social impressions increased 13% year-over-year.

July 9, 2014

Boxman Studios, a leader in shipping container modification, have created a one-of-a-kind dining and retail venue from shipping containers to anchor Assembly Row, a new mixed-use development in Somerville, Massachusetts, which is just outside of Boston.

New York -- Boxman Studios, a leader in shipping container modification, have created a one-of-a-kind dining and retail venue from shipping containers to anchor Assembly Row, a new mixed-use development in Somerville, Massachusetts, which is just outside of Boston.   

Four modified 20-ft. shipping containers make up SombBlox, an homage to Somerville’s historically industrial past. The four containers create three distinct spaces that are all ADA accessible and include electrical and lighting.

May 14, 2014

Amazon.com was the predominant low-price leader in several product categories from January through early April 2014.

Ottawa, Canada - Amazon.com was the predominant low-price leader in several product categories from January through early April 2014. 360pi compared the pricing strategies of the industry’s top retailers, such as Amazon, Walmart, Home Depot, Costco and others, all based off of Amazon’s own product assortment relative to other retailers in power drills, televisions and outdoor gear.

May 8, 2014

Citizen Watch Company, a leader in the mid-priced watch segment, will will a global flagship store in Times Square, New York, on Broadway in November.

Lyndhurst, N.J. -- Citizen Watch Company, a leader in the mid-priced watch segment, will will a global flagship store in Times Square, New York, on Broadway in November. This will be the first Citizen Watch global retail concept store in North America.

The store will measure more than 1,300 sq. ft. and offer the full Citizen product assortment. Citizen has hired New York based architectural firm Mapos LLC.

May 7, 2014

360pi, a leading provider of retail price and product intelligence, announced a collaborative effort with SAS, a leader in business analytics software and services.

Ottawa, Canada -- 360pi, a leading provider of retail price and product intelligence, announced a collaborative effort with SAS, a leader in business analytics software and services. The goal is to allow retailers who combine 360pi's competitive price intelligence with SAS' revenue optimization engine to gain full real-time visibility into competitive pricing to make more profitable pricing decisions.

May 2, 2014

Real estate is a complex issue no matter what industry you’re in. For retailers, who typically operate on slim margins and are generally the first industry to feel the effects of variations in consumer spending, navigating the tricky waters of real estate can be especially challenging. 

March 4, 2014

From mat management to the use of proper cleaning products, prevention is, of course, key to slip and fall management in retail stores. But there are two additional key areas that should be addressed — management communication and accountability. Indeed, sharing information and holding department managers accountable for results can reap numerous benefits for a company.

February 21, 2014

SRS Real Estate Partners has appointed Will Majors senior VO and market leader.

Dallas SRS Real Estate Partners has appointed Will Majors senior VO and market leader. Majors will focus on tenant and landlord representation. He will also be responsible for signing new clients and recruiting qualified brokers.

Majors brings more than 12 years of experience in the retail real estate industry to his new post. Previously, he worked at Endeavor Real Estate Group where he was responsible for more than 2 million sq. ft. of transactions.

 

January 22, 2014

The National Retail Federation on late Tuesday sent a letter to Senate Majority Leader Harry Reid and House Speaker John Boehner that called for replacing the magnetic-strip credit and debit cards that are widely used throughout the United States with chip-based cards that store data in an embedded computer micro-chip and require the use of a PIN rather than a signature.

New York -- The National Retail Federation on late Tuesday sent a letter to Senate Majority Leader Harry Reid and House Speaker John Boehner that called for replacing the magnetic-strip credit and debit cards that are widely used throughout the United States with chip-based cards that store data in an embedded computer micro-chip and require the use of a PIN rather than a signature. The chip-based cards are widely used in Europe, Asia and Africa.

January 14, 2014

Usablenet, a leader in mobile and multichannel technology, has introduced U-Campaign, a new element of its U-Experience platform at allows marketers to plan, execute and easily manage mobile landing pages and campaign sites in real-time.

New York -- Usablenet, a leader in mobile and multichannel technology, has introduced U-Campaign, a new element of its U-Experience platform at allows marketers to plan, execute and easily manage mobile landing pages and campaign sites in real-time. Importantly, with the rise of responsive design as a development trend, U-Campaign provides the ability for marketers to create channel-specific campaigns within responsively designed websites for the first time.

December 5, 2013

The RealReal, a leader in online luxury consignment, announced the appointment of Ann Paolini to its leadership team as executive VP of sales.

San Francisco -- The RealReal, a leader in online luxury consignment, announced the appointment of Ann Paolini to its leadership team as executive VP of sales. She is joining The RealReal after spending 25 years at Neiman Marcus as a senior executive, and will be responsible for the RealReal's sales team and consignor relations.

November 13, 2013

PlayNetwork, a leader in branded entertainment media experiences, announced it is providing music programming and installing state-of-the-art media systems for the Levi's brand in 1,500 stores around the globe, including all U.S. locations.

Seattle -- PlayNetwork, a leader in branded entertainment media experiences, announced it is providing music programming and installing state-of-the-art media systems for the Levi's brand in 1,500 stores around the globe, including all U.S. locations.

October 10, 2013

More than three-fourths (79%) of retailers expect an increase in sales this holiday season – the highest percentage seen since the financial downturn.

Philadelphia -- More than three-fourths (79%) of retailers expect an increase in sales this holiday season – the highest percentage seen since the financial downturn. That’s according to global management consultancy Hay Group’s seventh annual retail holiday survey, whose results were more optimistic that several other holiday forecasts.

October 8, 2013

Alan Rose, CEO and majority owner of Rose Paving Co., a leader in national parking lot management, has been honored at the 2013 Entrepreneurial Excellence Awards (EEAs), sponsored by The Daily Herald Business Ledger, with a Lifetime Achievement Award.

Bridgeview, Ill. -- Alan Rose, CEO and majority owner of Rose Paving Co., a leader in national parking lot management, has been honored at the 2013 Entrepreneurial Excellence Awards (EEAs), sponsored by The Daily Herald Business Ledger, with a Lifetime Achievement Award. Twenty business owners in total were recognized at a ceremony on Sept. 11 hosted by The Daily Herald Business Ledger. The EEAs were presented for the 14th consecutive year, and approximately 160 people were in attendance at the event.

September 9, 2013

Ares Management and the Canada Pension Plan Investment Board have reached an agreement to purchase Neiman Marcus for $6 billion from a group of investors led by TPG Capital and Warburg Pincus, the private equity firms that bought Neiman Marcus for $5.1 billion in 2005.

Dallas – Ares Management and the Canada Pension Plan Investment Board have reached an agreement to purchase Neiman Marcus for $6 billion from a group of investors led by TPG Capital and Warburg Pincus, the private equity firms that bought Neiman Marcus for $5.1 billion in 2005.

August 1, 2013

SAP AG and Hybris announced that SAP has completed the acquisition of Hybris, a leader in commerce technology.

Walldorf, Germany -- SAP AG and Hybris announced that SAP has completed the acquisition of Hybris, a leader in commerce technology. The two companies said they plan to combine the omni-channel commerce solutions of Hybris with robust enterprise technology and in-memory, cloud and mobile innovations from SAP to help facilitate new levels of customer insight and engagement.

July 17, 2013

The National Retail Federation penned a letter to Speaker of the House John Boehner and Minority Leader Nancy Pelosi, asking Congress to pass a one-year delay of the Affordable Care Act’s employer mandate.

Washington, D.C. -- The National Retail Federation penned a letter to Speaker of the House John Boehner and Minority Leader Nancy Pelosi, asking Congress to pass a one-year delay of the Affordable Care Act’s employer mandate.  

The impending House vote follows the Administration’s announcement earlier this month of a one-year delay of the employer mandate provisions.

June 3, 2013

Simon Property Group and McArthurGlen Group announced an agreement to form a joint venture through which SPG will invest in McArthurGlen, the leader in upscale, European designer outlets.

Indianpolis -- Simon Property Group and McArthurGlen Group announced an agreement to form a joint venture through which SPG will invest in McArthurGlen, the leader in upscale, European designer outlets. 

Under the agreement, SPG will acquire an ownership interest in six properties and will also become a partner in McArthurGlen's property management and development company.  Included assets are in Austria, Italy, the Netherlands, the United Kingdom and Canada.

May 7, 2013

Jim von Maur

President, Von Maur

HEADQUARTERS Davenport, Iowa

TYPE OF BUSINESS Department store retailer

NUMBER OF STORES 35 in 11 states (27 Von Maur stores, eight Dry Goods stores)

Seventeen years ago, in the January 1996 issue of Chain Store Age, Jack Arth, who at the time was president of Von Maur, explained how the circa 1928 department store retailer set out to differentiate itself from competitors such as the then hugely influential Federated and May chains.

March 15, 2013

Is it just me, or does it seem like the past two months or so have seen an unusually high level of turnover at the top? It's gotten so that you need a scorecard to keep up with all the comings and goings, as chief executives are forced out, jump ship, retire or move on.

This year's changing of the guard is bittersweet because it includes the retirement of two veteran retailers, Steve Burd of Safeway and Maxine Clark of Build-A-Bear Workshop.

December 27, 2012

With sales of spices and seasonings on a steady upswing, the 123-year-old McCormick & Company has opened its first-ever retail location. More than a traditional retail outlet, the 3,818-sq.-ft. McCormick World of Flavors is a destination that aims to build brand excitement and demonstrate the company’s leadership in flavor. It showcases McCormick’s complete family of products and brands, which run the gamut from Old Bay to Thai Kitchen.

December 27, 2012

Some are merchants, with long careers in brick-and-mortar stores. Others are tech trailblazers, using new media to match merchandise and buyers. Others are influencing retail in less direct, but no less significant, ways. All share an ability to create new opportunities and, in their own way, are looking to reinvent the shopping experience. And all wield a great deal of influence in today’s complex retail landscape.