News

Epicor Retail Solutions relaunches as Aptos

BY Dan Berthiaume

Montreal – Epicor Retail Solutions has officially launched as an independent company and new brand following its spin-off from Epicor Software Corp. The new company, called Aptos Inc., will focus on delivering a singular commerce platform for seamless customer experiences.

Aptos will offer a suite of integrated, cloud-based end-to-end solutions to optimize customer engagement, store and digital commerce operations, merchandise and inventory management; enterprise order management, and data analytics. This includes stand-alone cloud-based POS. On-premises solutions are also available for retailers who prefer traditional implementations.

Currently, Aptos has 122,000 stores live on its platform. Additionally, more than 100 websites are managed and fulfilled on Aptos solutions.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
REAL ESTATE

Godwin plaza in New Jersey to undergo renovation

BY Dan Berthiaume

Midland Park, N.J. – The 22,000-sq.-ft. Godwin Plaza mixed-use center is to undergo a major renovation and repositioning beginning in the second half of this year. The center was purchased in 2014 by Accordia Realty Ventures of Fairfield, New Jersey with the intention of transforming it.

“Midland Park is a terrific community, said Jason Bogart, principal of Accordia. “We see the demand for new retail space in the market. As such, we plan to make a major investment in the center and reposition it as The Shoppes at Godwin in order to best serve this need.”

Plans include a full façade renovation, including new storefronts, entryways, glass and signage. Plans for the second floor include a similar, complete upgrade to the existing apartments. The parking lot will be resealed and restriped, and expanded from 100 to 120 spaces. Accordia will re-landscape the property and plans to add outdoor seating. Tenants will receive new “vanilla box” spaces having new HVAC, and electric.

Space available ranges from approximately 800-sq. ft. to 7,000 sq. ft.Accordia has hired Ripco Real Estate Corp. to assist with leasing.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Starbucks to shutter one of its retail concepts

BY Dan Berthiaume

Seattle – Starbucks Corp. is getting out of the freestanding bakery store brand business. The coffee giant said it plans to close all 23 La Boulange retail (bakery café) locations by the end of September, as well as the two baking facilities serving the locations. The retailer said it determined that La Boulange stores are “not sustainable for the company’s long-term growth.”

The store closings do not mean the end of the La Boulange brand. Starbucks will continue to serve La Boulange food at its North American retail locations. The chain said its goals to grow its food business and deliver an incremental $2 billion in the next five years in the United States are unchanged.

Starbucks purchased Bay Bread LLC, parent company of La Boulange, in 2012 for $100 million. At the time, the retailer said it had planned to expand the chain nationally, but to date, only opened one new La Boulange store, in Los Angeles. Pascal Rigo, the founder of La Boulange, will move on from Starbucks to continue working on food ventures in San Francisco, as well as non-profit efforts.

Starbucks also announced it is shuttering its Evolution Fresh juice store in San Francisco, by the end of June. Evolution Fresh’s three other locations (two in Seattle and one in Bellevue, Washington) are not affected by the change. Starbucks acquired Evolution Fresh in 2011. The brand’s lineup of bottled juices, is now sold in Starbuck stores as well as grocery stores and natural food stores nationwide.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...