Singapore and Paramus, N.J. — Kingsmen Xperience, the U.S. location-based experienced focused subsidiary of Singapore-based Kingsmen Creatives Ltd. and Hasbro Inc. will be opening the first North American location of Nerf Action Experience and the world’s first Planet Playskool kids
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Menomonee Falls, Wis. — Kohl’s Corp. has announced plans to open 100 smaller-format stores over the next four years. The company also aims to grow its Sephora business to more than $2 billion in annual sales through the opening of
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Phoenix — Lee & Associates has hired Mark Bramlett as principal in the firm’s Phoenix office. Bramlett has over 25 years of commercial real estate experience, specializing in the transactional representation of national retailers and landlords, as well as commercial
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El Segundo, Calif. — CenterCal Properties has hired Paul Kurzawa as chief operating officer. In his new role, Kurzawa’s first priority will be to launch the El Segundo, California-based firm’s new third-party services division, which aims to partner with real
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Mooresville, N.C. and San Diego — Lowe’s and Petco Health and Wellness Co. Inc. have announced plans to open a new in-store concept that will offer both home and pet products within select Lowe’s locations. The first Lowe’s + Petco
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Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during last year’s November to December holiday season increased 14.1 percent, or $886.7 billion over those in 2020 ($777.3 billion). The 2021 numbers were greater than what
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Miami, Fla. — Pacific Star Capital has appointed Wright Sigmund as principal. In his new role, Sigmund will lead the Miami-based company’s operations and the overall growth of the firm as it focuses on expanding its portfolio of essential-tenant focused
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Elmsford, N.Y. — DLC Management Corp has named Aaron Wu vice president and head of acquisitions. In his new role, Wu will lead the company’s acquisitions platform by exploring ways to create growth for the portfolio and collaborating with others
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Upland, Calif. — Lewis Retail Centers, an Upland, California-based shopping center developer, has promoted Ken Caron to the position of senior vice president of commercial development. In his new role, Caron will be responsible for directing all activities related to
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San Diego and Lake Forest, Calif. — Jack in the Box Inc. (NASDAQ: JACK) and Del Taco Restaurants (NASDAQ: TACO) have entered into a merger agreement valued at approximately $575 million, inclusive of existing debt. Under the terms of the
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Goodlettsville, Tenn. — Dollar General (NYSE: DG) has unveiled plans to open approximately 1,000 new Popshelf stores by the end of fiscal year 2025, including roughly 100 stores in fiscal year 2022. Each Popshelf store spans approximately 9,000 square feet
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Woonsocket, R.I. — CVS Health Corp. (NYSE: CVS) plans to close about 900 stores over the next three years, or about 300 stores a year, starting in the spring of 2022. The pharmacy retailer says the decision to close its
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