REAL ESTATE

Walmart debuts neighborhood market concept in Nebraska

BY Staff Writer

Omaha, Neb. — Wal-Mart Stores said it will build its first neighborhood market in Nebraska, a 34,000-sq.-ft. store opening in northwest Omaha.

Walmart last week opened the first of five market stores opening by Nov. 2 in Wichita, Kan. It was the retail giant’s first venture into that city with the smaller market stores.

The full range of products to be sold at the new Walmart market includes fresh meats, vegetables, dairy products, dry goods and staples, bakery and deli items, canned and packaged goods, and pet and household supplies.

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OPERATIONS

Cree acquires Ruud Lighting

BY Staff Writer

Durham, N.C. — Cree has acquired Ruud Lighting, a supplier of LED outdoor lighting, at an estimated net cost of approximately $525 million. The companies’ shared focus on best-in-class LED-based systems has led to thousands of LED lighting installations over the past several years, Cree said.

Ruud Lighting will continue to be based in Racine, Wis., and will operate as a subsidiary as part of Cree’s lighting business.

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News

Joseph-Beth Booksellers to implement Jesta I.S. Vision Suite

BY Staff Writer

New York City — Jesta I.S., a supplier of enterprise business solutions for retailers, manufacturers and distributors in the apparel, footwear and specialty industries worldwide, announced Wednesday that Joseph-Beth Booksellers has selected Jesta I.S. solutions to power its business operations.

Joseph-Beth Booksellers will implement the Jesta I.S. Vision Store, Vision Merchandising, Vision Planning, and Vision E-DOM, enabling the integration of all its information in a single solution.

Vision Suite will manage inventory and transactional information in an integrated retail system, bringing together all of the data and tools required to support Joseph-Beth’s retailing and distribution operations.

“This key initiative will allow us to integrate some key tools for better servicing our customers, enable more visibility on managing our business, and drive better overall efficiencies for our business,” said Mark Wilson, CEO, Joseph-Beth Booksellers.

Joseph-Beth Booksellers operates locations in Lexington, Ky., Cincinnati and Cleveland.

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