Kimco acquires Five Forks in Lilburn, Ga., for $10 million
Atlanta — Kimco Realty Corporation has acquired Five Forks Crossing, a 73,910-sq.-ft. grocery-anchored retail center in Lilburn, Ga., according to Transwestern, the firm that brokered the transaction.
Five Forks Crossing occupies 6.6 acres in Lilburn in the Gwinnett County submarket near Ronald Reagan Parkway. Anchored by Kroger, the property is 100% leased.
Transwestern represented the seller, SWA Investment.
Lush deploys Storage Made Easy solution
Cosmetics retailer Lush is turning to Storage Made Easy’s Enterprise File Share and Sync solution with data stored on OpenStack Swift to help improve its global reach.
Lush ran an initial two month trial with 50 people prior to moving forward with the Storage Made Easy solution. They subsequently rolled out the solution in stages, by department, first to 150 people and then on to 300 people, and then again on to 500 people.
“Lush expects to reach more than 1,000 users by the time the solution is fully rolled out," said Jim Liddle, Storage Made Easy CEO.
Lush is a brand-conscious company and the SME solution has been custom branded by Lush as the ‘Lush Cloud.’ The level of branding includes the Storage Made Easy Mac and Windows desktop tools, which are also custom-branded for Lush. SME makes it very easy for companies to brand the software by providing easy branding configuration, according Storage Made Easy.
The SME cloud file server solution is hosted in the U.K. on Lush’s preferred service provider infrastructure, Memset, which also provides the back-end data store, Memset Object Storage, a customized version of OpenStack Swift.
"We chose the SME product because of the flexibility the solution offers. It has been very easy to manage large numbers of users and file structures from all areas of the business in more than 50 countries,” Richy Baxter-Freeman from Lush international support said. “Our staff can access data on the go through their mobile devices, through a standard Web browser, or directly using the desktop integration functions. The solution is also flexible in the sense that we are able to manage multiple data sources and most importantly keep our data sources and management of these separate, meaning we can easily move data sources if necessary."
Storage Made Easy unifies files from disparate sources that could be on-cloud or onsite, and it provides various control points for that data including full file life-cycle audit and remote file encryption for protection against potential data snooping.
Hershey launching new candy brand in 2014
Following a successful launch in China earlier this year, Hershey is ready to introduce its first new brandto the U.S. market in three decades.
The company plans to launch a line of caramel soft cremes branded as Lancaster beginning in January 2014. The origins of the Lancaster name can be traced to the Lancaster Caramel Company which was the name of Hershey founder Milton Hershey’s original confectionary company. The new Lancaster brand is said to be a milestone event for Hershey because it is the first time in the past 30 years the company has launched a new brand that is not a brand extension or acquisition.
The company said its Lancaster Soft Crèmes will offer a long-lasting and unique taste experience that is distinct from the typical caramels that dominate the category. The surprisingly soft, rich and creamy product provide a modern caramel taste experience to meet a growing consumer demand. The soft crèmes were inspired by similar candies that company founder, Milton Hershey, made more than 120 years ago in his original candy company located in Lancaster, Pennsylvania. As Milton Hershey’s first successful candy company, The Lancaster Caramel Company established Hershey’s reputation in the confectionary industry and provided the foundation for the launch of The Hershey Company which first produced sweet chocolate as a coating for the caramels before creating the Hershey’s Milk Chocolate bar.
“The launch of Lancaster Soft Crèmes takes Hershey back to the early days of our founder Milton Hershey and his truly innovative spirit and desire to make great tasting, high-quality products for consumers,” said Steven Schiller, Senior Vice President Sweets and Refreshment, The Hershey Company. “The Lancaster brand will delight all consumers looking for a rich and indulgent experience as they savor our new soft crèmes that are rooted in our company’s deep history.”
In addition to be the first new brand in 30 years, the Lancaster launch represented another first for Hershey. The initial launch in May in the Chinese cities of Wuhan, Hangzhou and Chengdu was the first time the launch of a Hershey company occurred outside the U.S.
The product will be available in classic caramel flavor as well as vanilla and caramel and vanilla and raspberry. Distribution will be widespread and an eight ounce bag for $3.99 and a four ounce bag for $2.49.