REAL ESTATE

HomeGoods to anchor Edgewater Harbor

BY Katherine Boccaccio

Edgewater, N.J. — North Plainfield, N.J.-based Levin Management Corp. announced that HomeGoods, a TJX Cos. banner, will anchor the 100,000-sq.-ft. retail component of Edgewater Harbor, a mixed-use waterfront redevelopment in Edgewater, N.J.

HomeGoods has leased 24,000 sq. ft. and will join newly opened CVS Pharmacy, Moe’s Southwest Grill, AT&T, Beach Bum Tanning, Epique Massage and Edgewater Dry Cleaners.

At build-out, Edgewater Harbor also will include 480 high-end loft and townhouse residences and a 1,900-ft. river walk along the Hudson River. Development is all but complete on the property’s first two residential buildings, which feature ground-level retail space along the project’s Main Street. HomeGoods was the first tenant committed to that portion of the project. Other tenants include Floris Spa & Nail in 2,000 sq. ft., European Wax Center in 1,261 sq. ft., Five Guys in 2,300 sq. ft. and Great Clips in 960 sq. ft.

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News

RedPrairie releases technology suite for improving sales, customer loyalty

BY CSA STAFF

ATLANTA — RedPrairie, a global supply chain and retail technology provider, has released its RedPrairie Commerce Suite 2012.1, a scalable suite of solutions that help retailers generate sales and customer loyalty by creating seamless and dynamic all-channel shopping experiences, with a 360-degree view of orders, merchandise and customer behavior, and integration with RedPrairie fulfillment solutions, the company said.

The RedPrairie Commerce Suite includes such functions as more streamlined management of out-of-stock items, customer engagement management through tracking of customer activity, improved order sourcing and direct-to-consumer fulfillment.

“For retailers, the key to increasing top-line revenue and reducing bottom-line costs lies in meeting consumers wherever they wish to shop and offering options for fulfillment,” said Gene Weaver, director of product strategy, Commerce and Clienteling atRedPrairie. “But achieving Buy Anywhere Fulfill Anywhere does not require ‘heart surgery.’ Rather, RedPrairie Commerce Suite’s modular approach provides retailers with a step-by-step roadmap for quickly meeting consumers’ expectations. Empowering retail store associates to place orders online and either fulfill from the store or direct to the consumer is a potent sales and loyalty driver. This solution is what the industry has been asking for.”

Additional upgrades to the RedPrairie Commerce Suite include a more robust, merchant-centric user interface, improved analytics capabilities, and tools to streamline commerce site maintenance and implementation.

RedPrairie Commerce Suite is available in a hosted model called RedPrairie Commerce Cloud providing retailers the flexibility to purchase either an on-premise or cloud-based version of the application.

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REAL ESTATE

Pottery Barn among new tenants at Chestnut Hill Shopping Center

BY Staff Writer

Chestnut Hill, Mass. — WS Development said that Pottery Barn, along with Swedish children’s apparel retailer Polarn O. Pyret and locally based Treat Cupcake Bar, will open at its Chestnut Hill Shopping Center.

The new stores are scheduled to open in spring 2013 in a new building at the site of the former Macy’s.

Other new stores to open in the 406,000-sq.-ft. shopping and dining destination include The Sports Club/LA, Cinema de Lux, Shake Shack, Pinkberry, and gourmet Asian restaurant Bernard’s.

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