A partnership between Infinity Real Estate and Nightingale Properties sold the T.J. Maxx and Target-anchored retail-and-office Kingswood Portfolio in Midwood for $165 million, the sellers told The Real Deal .
The buyer is real estate investment trust Urban Edge Properties, which focuses on shopping centers.
Infinity managing partner Steven Kassin told TRD that Urban Edge made an unsolicited offer to buy the 340,000-square-foot portfolio in an off-market deal.
While you're here, how about this:
Valassis Research Identifies Factors That Influence Consumer Shopping | Business Wire
Based on responses from 1,000 U.S. consumers and conversations with industry leaders, the Valassis survey – conducted in partnership with Kantar – uncovers shopping behaviors, the triggers that influence consumers and the pathways they take along the category journey. The report looks at five categories: skincare, grocery, electronics, restaurants and cleaning.
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"The Future of How People Shop" study was fielded on behalf of Valassis in conjunction with Kantar, a global marketing research and consulting firm with proficiency in internet surveys. The survey was fielded Oct. 23 – Nov. 1, 2019 among 1,000 shopper-respondents 18 years and older. Responses were weighted by factors obtained from the national census to provide appropriate representations of demographic groups at summary levels.
Cashless stores once looked like the future of shopping - Business Insider
It's fair to say that, on the surface, cashless retail stores have undergone a bit of a rise and fall.
Cashless stores may have once seemed a futuristic innovation, but over the past few years they've ended up ushering in a backlash against inequality rather than a retail revolution.
But that doesn't mean that cashless technology was a flash in the pan. Retailers are still interested in cashless options in terms of cutting costs and meeting consumer needs, even if a fully cashless environment remains elusive and unrealistic.
Georgia man caught on video stopping shoplifting suspect with shopping cart
PEACHTREE CITY, Ga. (Gray News) - A shopper at a Georgia Walmart was able to use his shopping cart to stop a suspect running from police.
The Peachtree City Police Department released surveillance and body camera video showing the man's quick-thinking actions in the parking lot that knocked the suspected shoplifter off his feet.
While police were thankful for the help, officers said they don't want to encourage anybody to do the same thing.
Many things are taking place:
The shopping platforms that want to standardise sustainability | Vogue Business
Companies like Wearwell and Good On You are vetting brands' environmental claims and compiling sustainable products into one-stop shops.
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Brands can use terms like sustainable, transparent and eco-friendly to describe their collections without regulation or verification.
Platforms want to help environmentally minded customers make more confident decisions by verifying sustainability claims and gathering sustainable brands in one place to shop.
Walmart Scales Back Jetblack Personal-Shopping Service - TheStreet
The New York unit of the Bentonville, Ark., retail titan offers fast product delivery through text message.
It will try to rebrand and will no longer be a personal-shopping service, people familiar with the situation told Dow Jones Newswires.
"We’ve learned a lot over the past two years, including how customers respond to the ability of ordering by text as well as the type of items they purchase through texting.
Two shopping centers sold in Prince William County | Prince William | insidenova.com
Two large Prince William County shopping centers recently changed hands in sales that collectively totaled more than $120 million.
On Jan. 29, Peterson Companies announced the $82.6 million purchase of the The Shops at Stonewall, a 322,000-square-foot shopping center anchored by Wegman's off of U.S. 29 in Gainesville.
The center's shops include Bed Bath & Beyond, Ross Dress for Less, Michael's and Dick's Sporting Goods, as well as service-based tenants like Novant Health, SunTrust and Expedia Cruise Ship Centers and restaurants that include Moe's Southwest Grill, Dunkin', Jersey Mike's and The Bone BBQ.
9 things that will make flying on an airplane better - KESQ
It’s a miracle of science that we can jet from town to town to get our business done and get our fun on, but today’s flying experience can leave a bit to be desired.
We’re jammed into seats that are too small; often nickel-and-dimed over fees; fearful after the two Boeing 737 MAX aircraft crashes; and, more frequently, annoyed that some airlines still don’t even have outlets to charge our many devices.
That’s why CNN Travel talked to some of our favorite aviation experts — those “avgeeks” who really love to fly — for their semi-realistic wishes for aviation.
Happening on Twitter
Have a new client that wants to do a leading edge net-zero, mixed use & car-lite community on the urban edge. The g… https://t.co/bn7XgvOOGr BrentToderian (from Vancouver, British Columbia) Mon Feb 10 01:28:14 +0000 2020
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