Eden Prairie, Minn – Locally based Best Buy Co. is spending $377 million to acquire Burnaby, B.C.-based Future Shop Ltd., Canada’s No. 1 retailer of consumer electronics. Future Shop will operate as a separate...
New Hyde Park, N.Y. – Locally based Kimco Realty Corp. recently acquired five shopping centers totaling $98.2 million for the Kimco Income REIT (KIR). KIR is Kimco's strategic joint venture with institutional partners...
Dallas – Locally based Gadzooks Inc. recently announced that it will test a new mall-based retail concept this holiday season catering to the unique innerwear and sleepwear needs of females between the ages of 14 and...
Boise, Idaho – Locally based Albertson’s plans to expand its energy conservation program to all of its 2,500-plus grocery and drug stores. The retailer intends to cut its annual energy consumption by 10%...
Downers Grove, Ill. – The locally based Spiegel Group recently appointed James Pekarek as vice president, corporate controller. Pekarek will be responsible for corporate accounting, financial planning and reporting...
Bentonville, Ark. – Sam’s Club, a division of locally based Wal-Mart Stores Inc., has teamed with Fleetwood Enterprises Inc. to sell homes at discounted prices through its stores in nine states. Fleetwood, a...
Denver – According to data compiled by TeleCheck Services Inc., a subsidiary of locally based First Data Corp., same-store retail sales grew 2.5% in July over the same period in 2000...
Dunellen, N.J. – Locally based Advanced Auto Parts is spending roughly $267 million in cash and stock to acquire its rival, Lakeland, Fla.-based Discount Auto Parts Inc. The two retailers expect to save nearly $30...
