Content about mid-Atlantic

February 7, 2014

Ingenuity Development has entered into a strategic alliance with a New York Stock Exchange-traded Real Estate Investment Trust (REIT) to combine forces on joint venture opportunities for retail and mixed-use projects in the Mid-Atlantic and the Southeast.

Virginia Beach, Va. — Ingenuity Development has entered into a strategic alliance with a New York Stock Exchange-traded Real Estate Investment Trust (REIT) to combine forces on joint venture opportunities for retail and mixed-use projects in the Mid-Atlantic and the Southeast. Ingenuity will also see opportunities to work with its affiliate, Divaris Real Estate, to lease and manage completed projects.

December 30, 2013

Bob’s Discount Furniture has signed a definitive agreement to sell a majority stake of its business to Bain Capital for an undisclosed amount.

Manchester, Conn. — Bob’s Discount Furniture has signed a definitive agreement to sell a majority stake of its business to Bain Capital for an undisclosed amount. Bob's management team will continue to own a "significant stake" after the deal and will remain involved in operations, according to the company, which has been majority owned by private equity firm KarpReilly/Apax for the past nine years.

November 4, 2013

Convenience store operator Wawa is expanding through Florida with a fresh, new prototype whose palette, materials and textures complement the look and feel of the Sunshine state. The use of warm colors and abundant natural light enhance the store’s inviting, upmarket vibe.

The prototype reflects the language and style associated with Floridian architecture. Exterior elements include pastel colors, clapboard siding, pitched roofs and front porches that reference historic south and central Florida building types.

March 19, 2013

Washington, D.C. -- The Rappaport Cos. and Principal Real Estate Investors announced a joint venture to acquire retail assets throughout the Mid-Atlantic region.  

The program launched with the recapitalization of approximately 1 million sq. ft. of retail space in four retail centers located in Northern Virginia.  

March 4, 2013

Divaris Real Estate announced that Sam McCoy has been appointed VP of the company’s new regional office in Roanoke, Va.

Virginia Beach, Va. -- Divaris Real Estate announced that Sam McCoy has been appointed VP of the company’s new regional office in Roanoke, Va.

McCoy is charged with strategic planning, acquisition, site development, sales and leasing of commercial properties throughout the Mid-Atlantic region with an emphasis on the southwest Virginia markets.

Previously, McCoy was director of real estate at Lowe’s Cos., responsible for the development of new Lowe’s Home Improvement store sites in the Mid-Atlantic region.

 

November 14, 2012

The National Retail Federation said that, for the first time in three months, retail sales ticked down slightly as consumers cooled discretionary spending in the face of inclement weather and uncertainty in Washington.

Washington, D.C. -- The National Retail Federation said Wednesday that, for the first time in three months, retail sales ticked down slightly as consumers cooled discretionary spending in the face of inclement weather and uncertainty in Washington.

October retail sales (excluding automobiles, gas stations and restaurants) decreased 0.3% seasonally adjusted from September yet increased 3.9% unadjusted year-over-year.



November 7, 2012

Hurricane Sandy is being held responsible for reducing U.S. retail sales in the Mid-Atlantic and Northeast region by about $4 billion last week, according to MasterCard Advisors SpendingPulse.

New York -- Hurricane Sandy is being held responsible for reducing U.S. retail sales in the Mid-Atlantic and Northeast region by about $4 billion last week, according to MasterCard Advisors SpendingPulse.

According to the report, the region, which accounts for about 24% of retail sales nationwide, typically generates $18.7 billion in sales for that particular week ended Saturday, the Associated Press reported. But revenue came in at about $15 billion. (The figures exclude auto sales.)

May 1, 2012

Chain Store Age senior editor Katherine Field Boccaccio sat down with Chris Weilminster, Federal Realty’s senior VP leasing and a 22-year veteran of the company, to talk about the industry in general and about Federal Realty’s 50-year perspective on retail.

As one of the oldest REITs in existence today, Federal Realty Investment Trust has every right to send up some fireworks over reaching the 50-year mark this year.

The Rockville, Md.-based real estate company was established in 1962 with three properties in the metropolitan Washington, D.C., area, including Congressional Plaza (shown here, both then and now). Today, Federal Realty’s portfolio comprises about 19.3 million sq. ft. primarily in its core base of the northeastern and Mid-Atlantic U.S., as well as in California.

January 5, 2012

Galleria Retail Technology Solutions, a provider of retail and category optimization solutions, announced that The Great Atlantic & Pacific Tea Co. has chosen Galleria to help optimize its merchandising strategy and improve the customer experience within its more than 300 northeast and Mid-Atlantic stores.

Chicago -- Galleria Retail Technology Solutions, a provider of retail and category optimization solutions, announced that The Great Atlantic & Pacific Tea Co. has chosen Galleria to help optimize its merchandising strategy and improve the customer experience within its more than 300 northeast and Mid-Atlantic stores.

A&P will roll out several of Galleria’s solutions throughout its family of supermarkets.
 

November 23, 2011

Olympia Sports has opened its 200th store, in Dunkirk, Md., at Dunkirk Gateway Shopping Center.

Westbrook, Maine -- Olympia Sports has opened its 200th store, in Dunkirk, Md., at Dunkirk Gateway Shopping Center.

The regional sporting goods chain has four more confirmed openings by yearend.

“We will continue to expand in our current footprint as well as throughout the Mid-Atlantic States. Our studies have shown a real opportunity for expansion throughout this new market, and we plan to aggressively pursue those opportunities,” said Ed Manganello, president.
 

March 3, 2011

Sales at Macy’s, J.C. Penney and Kohl’s surpassed analysts’ estimates in February amid gradually moderating temperatures and rising consumer confidence.

New York City -- Sales at Macy’s, J.C. Penney and Kohl’s surpassed analysts’ estimates in February amid gradually moderating temperatures and rising consumer confidence. However, analysts warned that a late Easter and rising gasoline prices could impact sales going forward.

Confidence among U.S. consumers rose in February to the highest level in three years, according to a Thomson Reuters/University of Michigan index, as a drop in unemployment helped overcome concern over rising food and fuel costs.

October 31, 2010

Fifteen years ago, the news coming out of the Northeastern United States wasn’t good....

August 31, 2010

Jacksonville, Fla.-based Regency Centers said it has named Devin Corini as VP investments....

November 30, 2008

Of all the lousy news in my e-mail inbox lately, one nasty tidbit stood...

November 30, 2008

Dismal news is the order of the day, but in the mid-Atlantic states of...

November 30, 2008

In a shaky marketplace, stability stands out. When ...

November 30, 2008

Not every mid-Atlantic nook and cranny is recession-proof by any means, but within this...

September 15, 2008

As part of a mid-Atlantic supply chain overhaul, grocery chain SuperValu announced late Monday that...

August 3, 2008

Boscov's Inc. filed for Chapter 11 bankruptcy protection on Monday. The family-owned company operates 49...

May 1, 2008

Regional supermarket chain Harris Teeter, with 169 stores in the Southeast and Mid-Atlantic, reported that...

June 15, 2006

Harrisburg, Pa., According...

November 13, 2005

Waltham, Mass., Furniture.com...

November 13, 2005

Waltham, Mass., Furniture.com...

March 6, 2005

•Freeport, Maine-based L.L....