Content about California

June 19, 2013
Men's Wearhouse fires founder George Zimmer

Men’s Wearhouse announced that it has fired its founder and executive chairman George Zimmer; no reason was given for the sudden move.

June 19, 2013
Walgreens expanding solar installations to more than 200 stores

Walgreens and solar developer SoCore Energy, Chicago, announced that they will build more than 200 new solar installations at Walgreens stores throughout California, Connecticut, Delaware, Massachusetts, New Jersey and New York.

June 17, 2013
Nordstrom Rack in Long Beach City Place to close

Nordstrom announced plans to close its Long Beach City Place Nordstrom Rack store in Long Beach, Calif. Originally opened in August 2002, the 33,000-sq.-ft. store will close to the public in late January 2014.

June 14, 2013
Fuddruckers to open new California location

A Fuddruckers franchisee has acquired a 14,500-sq.-ft. property on the ring road of Solano Mall in Fairfield, Calif., according to Transwestern, the brokerage that represented the franchisee.

June 14, 2013
Restoration Hardware reports record Q1 results

Restoration Hardware reported record financial results during the first quarter of fiscal 2013, including a net income of $2.3 million compared to a net loss of $1.3 million in the first quarter of the prior year.

June 14, 2013
RSR Research: Multiple channels produce profits

A new study from RSR Research concludes that retailers offering multiple selling channels connect more with consumers and are more profitable than retailers operating a single channel.

June 13, 2013
Safeway in $5 billion dollar deal to sell Canadian stores

Canada’s second-biggest supermarket operator has acquired Safeway’s Canadian portfolio of stores in a $5.7 billion deal that pulls the Pleasanton, Calif., chain completely out of the country.

June 4, 2013
Dick’s Sporting Goods opens Petaluma store

Pittsburgh – Dick’s Sporting Goods is opening a new store in Petaluma, Calif., with a three-day grand opening weekend celebration beginning Friday, June 7. The location be the retailer's 28th store in the state of California and its 523rd nationwide.

"We're pleased to be opening a new Dick’s Sporting Goods store in Petaluma, which will enable us to better serve the needs of athletes in the community," said Lauren Hobart , chief marketing officer, Dick’s Sporting Goods..

 

May 30, 2013
KTGY designs $43 million apartment/retail community

KTGY Group announced that Hutton Cos. has launched construction on La Verne Village, a 172-unit mixed-use residential and retail community in La Verne, Calif., located in the San Gabriel Valley, east of Los Angeles.

May 29, 2013
Wal-Mart pleads guilty in hazardous waste case; will pay $82 million

Wal-Mart Stores pleaded guilty in federal court in San Francisco to improperly handling and disposing of hazardous waste in California and Missouri, and agreed to pay about $82 million in fines.

May 28, 2013
Penney’s ‘Hitler’ tea kettle billboard causes social media uproar

J.C. Penney on Tuesday turned to social media to deny that a tea kettle being advertised on a billboard on the 405 Interstate near Culver City, Calif., is intended to represent Adolf Hitler.

May 23, 2013
Burger King expands delivery service to two new markets

Burger King Worldwide announced that it has expanded its meal delivery program to include Las Vegas and Sacramento, Calif.

May 22, 2013
Carrefour strengthens business analytics with location intelligence

REDLANDS, Calif. -- Esri announces that Carrefour Group, the second-largest retailer in the world with nearly 10,000 stores around the globe, has implemented an enterprise-wide marketing solution from Esri partner Galigeo.

May 21, 2013
Google checks out on Checkout

Menlo Park, Calif. - Google will close down its Google Checkout online payment service for good in November of this year. The online service and technology provider says the move is part of a broader transition to its Google Wallet multichannel commerce platform.

May 15, 2013
Kroger DC converting food waste to clean energy

The Kroger Co. unveiled a clean energy production system that will convert food that can't be sold or donated into clean energy to help power its Ralphs/Food 4 Less distribution center in Compton, Calif.

May 10, 2013
Private equity firm TowerBrook Capital to acquire True Religion for $835 million

True Religion Apparel has entered into a definitive merger agreement with New York and London-based investment management firm TowerBrook Capital Partners, in a transaction valued at approximately $835 million.

May 7, 2013
A Place for Everything

Irvine Co.'s The Market Place is too big for one city. It sprawls across two. Split in two by Jamboree Road, the southern half of the 120-store, 165-acre center resides in Irvine, Calif. The northern half is in Tustin.

The huge regional destination center combines open-air lifestyle retail with big-box retail. Nationally known value- and quality-driven store names offer apparel, books, electronics, fitness, groceries, home furnishings and decor, movie theaters, restaurants, various services, sporting goods, toys, and on and on.

May 7, 2013
A Place for Everything

Irvine Co.'s The Market Place is too big for one city. It sprawls across two. Split in two by Jamboree Road, the southern half of the 120-store, 165-acre center resides in Irvine, Calif. The northern half is in Tustin.

The huge regional destination center combines open-air lifestyle retail with big-box retail. Nationally known value- and quality-driven store names offer apparel, books, electronics, fitness, groceries, home furnishings and decor, movie theaters, restaurants, various services, sporting goods, toys, and on and on.

May 7, 2013
Hointer Is High-Tech, High-Feel

Robotics and smartphone app power Amazon vet's retail start-up

A Seattle-based retail start-up with an in-store backend robotic system and a smartphone app that rivals the convenience of an online shopping cart is generating big buzz these days. Founded and headed up by Nadia Shouraboura, former head of supply chain and fulfillment technologies for Amazon.com, Hointer combines the best of online and brick-and-mortar retailing to take the hassle out of shopping.

May 7, 2013
New Conference Series Pushes Networking

In the retail real estate landscape, there aren't as many networking options as one might think. Even fewer if you narrow it down to those events that put landlords and tenants in the same room, along with entertainment, face-to-face meet and greets, and mutually beneficial educational sessions.

May 7, 2013
New Life

For the fourth consecutive year, there still is not enough ground-up shopping center construction to justify the "Fastest-Growing Developers" ranking that was Chain Store Age standard fare for two decades.

But we may be edging closer to resurrecting a ranking based on who is building new (or, more accurately, newly repurposed) space. Closer, but still not there.

May 7, 2013
Retail Magnet

A guest approaches the concierge desk and asks for help finding a gift. The concierge knows the retail selection and can help. If the product is unavailable here, the concierge will, if necessary, send her to another store across town.

That sounds like Nordstrom service.

But this isn't Nordstrom. It is the concierge desk at The Americana at Brand in Glendale, Calif., a mixed-use development from Los Angeles-based Caruso Affiliated. It's what happens at every center in the Caruso Affiliated portfolio of 2.1 million sq. ft. of retail and residential properties.

May 7, 2013
Retail Magnet

A guest approaches the concierge desk and asks for help finding a gift. The concierge knows the retail selection and can help. If the product is unavailable here, the concierge will, if necessary, send her to another store across town.

That sounds like Nordstrom service.

But this isn't Nordstrom. It is the concierge desk at The Americana at Brand in Glendale, Calif., a mixed-use development from Los Angeles-based Caruso Affiliated. It's what happens at every center in the Caruso Affiliated portfolio of 2.1 million sq. ft. of retail and residential properties.

May 1, 2013
Main Street Fairness Act

Probably the most important bit of news for bricks-and-mortar retailers that broke over the past week is that the Senate voted to move forward with the Marketplace Fairness Act.

April 30, 2013
Bebe stores names CFO; eliminating COO position

Bebe stores announced that it has promoted Liyuan Woo to the position of CFO.

© 2013