REAL ESTATE

The Container Store to open in Tampa, Orlando and Boca Raton, Fla.

BY Staff Writer

New York — The Container Store is expanding its presence in Florida with three new locations set to open in 2013.

The company will open a store in Tampa, Fla., on March 16. The retailer said the Tampa location is its most requested city for a new store according to its Facebook fans. It will be The Container Store’s third store in Florida, soon to be followed by two additional store openings in Orlando and Boca Raton later this year.

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REAL ESTATE

Shopko completes conversion of acquired Pamida Stores

BY Marianne Wilson

Green Bay, Wis. — Shopko announced it has completed the conversion of 163 Pamida stores making it one of the largest U.S. retailers focused on serving smaller and rural communities. It was a year ago that Shopko and Pamida first announced their intent to merge the two companies and convert the existing Pamida locations to the Shopko Hometown store format. One year later, the conversion of the last group of Pamida stores is now complete with the final 36 stores celebrating their official grand openings as Shopko Hometown.

Shopko invested a total of $70 million into efforts to convert the Pamida stores to the Shopko Hometown format.

Shopko currently operates 176 Shopko Hometown stores, a significant jump from just 10 at this time last year.

The Shopko Hometown format combines pharmacy services with a broad and dynamic offering of strong national brands and high-value private label brands of apparel, toys, consumer electronics, seasonal items, and lawn and garden products – all in attractive, well laid out, easy-to-shop store formats that range from 15,000 to 35,000 square feet.

“2012 was a watershed year for Shopko as a result of the merger with Pamida, which significantly increased our store count, employee base and overall revenue. Our team did an exceptional job of integrating the two companies into one and staying on an aggressive schedule for the store conversion efforts. All 163 stores were converted and opened on time," said Mike Bettiga, Shopko interim CEO and COO.

As the company moves into 2013 and beyond, it is solidifying the Shopko Hometown brand and opening more Hometown stores in new communities, Bettiga said.

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2012 Fastest-Growing Acquirers, 3P Managers and Top Developers

BY Katherine Boccaccio

Shopping center companies: Receive recognition for your 2012 development, acquisition and third-party management activities. The 24th annual Chain Store Age “Fastest Growing” awards will recognize the most active shopping center owners, managers and acquirers for projects, contracts and transactions completed between January 1, 2012 and December 31, 2012.

The top placers will be featured in the April/May 2013 issue of Chain Store Age, which will be distributed to the entire circulation base plus room-dropped at the major RECon convention hotels in Las Vegas in May.

ELIGIBILITY
: All activities have to have been completed in 2012. See survey forms for complete details.

ENTRY FORM AND INSTRUCTIONS: 
Download the “Top Developers” entry form and instructions, the “Fastest-Growing Acquirers” entry form and instructions, and the “Fastest-Growing Third-Party Managers” entry form and instructions, as well as more details about the competition.

ENTRY FEES
: None.

DEADLINE
: The deadline for submissions is February 28, 2013.

QUESTIONS?
 Contact Chain Store Age senior editor Katherine Boccaccio at [email protected] or 225-751-2225.

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