REAL ESTATE

Sears Essentials Debuts in Michigan

BY CSA STAFF

Detroit, Aformer Kmart store in a suburb of Detroit is now Sears Essentials. The store in Rochester Hills is the first one in Michigan that has converted to the new concept that blends Sears and Kmart.

According to Sears Holding Corp., the company, created in March when Kmart and Sears, Roebuck and Co. completed their $12.3 billion merger, the new concept combines convenience items typically found at Kmart with the high-end appliances, hardware and electronics that Sears sells.

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Safeway Names Cominiello Eastern President

BY CSA STAFF

Pleasanton, Calif., Safeway Inc. named Hank Cominiello president of the company’s eastern division, which he has been heading on an interim basis for the past nine months. Cominiello joined Safeway in 1970 as a courtesy clerk and progressed through a range of retail store and district manager assignments in the company’s Denver division. He was promoted to VP, Retail Operations, in Safeway’s Eastern Division in 1998 and acting Division President in November 2004.

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REAL ESTATE

Wal-Mart to Open in Shanghai

BY CSA STAFF

Bentonville, Ark., Wal-Mart announced today it will open its first store in Shanghai at the end of this month. Its entry into China’s biggest city will supplement the already 47 stores in China. Currently, the retailer employs 20,000 people in China and has headquarters offices in Shenzhen.

The 194,000-sq.-ft. Shanghai Wal-Mart will compete with French rival Carrefour S.A. and Germany’s Metro AG.

The Shanghai Daily reported that the local retailers are preparing for Wal-Mart’s arrival by renovating their stores and revamping product lines.

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