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The Shops at Valley Square, Warrington, Pa.

BY CSA STAFF

Boston-based The Wilder Cos. has taken on a new leasing and management assignment – the open-air specialty shopping center The Shops at Valley Square, in Warrington, Pa.

Located in Bucks County, Pa., just north of Philadelphia, The Shops at Valley Square is part of a 140-acre mixed-use development that includes office, retail and residential.

The 300,000-sq.-ft. center is a pedestrian-friendly Main Street experience with on-street parking, distinctive architecture and abundant landscaping. It features specialty shops and fine dining options including P.F. Chang’s, Banana Republic, Loft, White House | Black Market, Jos. A. Bank, Panera Bread, Chipotle, and more. In addition, the property includes over 100,000 sq. ft. of professional office space. The Shops are located directly adjacent to a regional shopping center featuring Wegmans, Staples, Sports Authority, Michaels, and Bed Bath & Beyond.

“The combination of destination stores and restaurants in a walkable Main Street setting gives area office workers, shoppers and diners plenty of reason to make multiple monthly trips,” said Tom Wilder, a principal at The Wilder Cos. “The synergy between The Shops and the adjacent Wegmans-anchored center creates even more reasons to shop. This critical mass of shopping and dining choices is unduplicated in the trade area.”

Wilder also took on the leasing and management contract for Somerset Square, a grocery-anchored center in Glastonbury, Conn.


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P.Lopez says:
Apr-10-2013 01:35 pm

The Shops and the adjacent Wegmans-anchored center creates even more reasons to shop. This critical mass of shopping and dining choices is unduplicated in the trade area. ChatRandom

P.Lopez says:
Apr-10-2013 01:35 pm

The Shops and the adjacent Wegmans-anchored center creates even more reasons to shop. This critical mass of shopping and dining choices is unduplicated in the trade area. ChatRandom

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New retail chain coming from H&M

BY CSA STAFF

STOCKHOLM, Sweden — Fans of H&M will soon have a new place to shop as the Swedish fashion retailer Hennes & Mauritz AB confirmed Thursday that it will open a new chain in 2013 that will build on the 2007 launch of its upscale Collection of Style (COS). No name for the new concept has been revealed yet.

"Like COS, which today is very successful with good profitability, the new chain of stores will be independent and complement the other offerings from the group," H&M CEO Karl-Johan Persson said. "We have great faith in this new brand and we see considerable potential for further initiatives."

Meanwhile, the company opened its first namebrand store in Sofia, Bulgaria, earlier in March, and plans to have opened other stores in Bulgaria, Latvia, Malaysia, Mexico and — through a franchise — Thailand by the end of 2012.

H&M also reported Thursday that net profit for the quarter rose to $411 million, from $393 million in the same period a year earlier.

Stockholm-based H&M said net sales rose to $4.17 billion, from $3.68 billion a year ago. Profit results, which H&M blamed on higher cotton prices, missed analysts’ expectations.

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$2.9M raised for Canada breakfast campaign

BY CSA STAFF

MONTREAL — Walmart Canada and Breakfast Clubs of Canada, an organization that provides breakfast to Canadian school children, have raised $2.9 million through their Help Them Shine Campaign.

The money raised will help launch 125 new in-school breakfast programs and increase its training programs with a specific focus on nutrition, youth self-esteem and volunteerism, according to a press release.

"Through Walmart’s support we will see more kids shine in the classroom," said Daniel Germain, president and founder of Breakfast Clubs of Canada. "Walmart is an integral partner in our success and strongly believes in our mission to the cause of feeding our children’s future."

From Feb.16 to March 11, Canadians could support the program by purchasing a $1 bookmark at Walmart Canada stores across the country. Every bookmark sold equaled one nutritious breakfast for a child. The in-store campaign raised more than $2.1 million and received more than $663,500 in corporate matching grants. In addition, the corporate challenge and SMS donations raised $17,000.

Customers also supported the cause by purchasing select food products at Walmart Canada stores from such partners as Danone, Folgers, Kellogg’s, The Laughing Cow and Uncle Ben’s.

Breakfast Clubs of Canada serves approximately 18 million breakfasts annually to 118,000 children in 1,170 schools across Canada.

Since 2005, Walmart Canada has donated and raised close to $18 million for Breakfast Clubs of Canada, making Walmart Canada Breakfast Club of Canada’s largest corporate donor and proud partner.

"At Walmart Canada, we are committed to helping families in need and we are a proud supporter of kids’ breakfast programs in Canada," said Shelley Broader, president and CEO of Walmart Canada. "Our associates, customers, and suppliers continue to show overwhelming generosity to ensure Canadian children get a nutritious start to their day."

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