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Retail

Pinnacle announces pricing for 17M-share secondary offering

According to the announcement, certain of the company’s stockholders will sell 17 million shares of its common stock at a price to the public of $26.75 per share. The underwriters will have an option to purchase up to an additional 2.55 million shares from the selling stockholders. The selling stockholders will receive all of the ...

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Pinnacle Foods announces 17M-share secondary offering

According to the announcement, the underwriters will have an option to purchase up to an additional 2.55 million shares from the selling stockholders. The selling stockholders will receive all of the proceeds from this offering. No shares are being sold by Pinnacle. Subject to market conditions, Pinnacle expects the offering to be completed in the ...

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Keystone Property Group inks Moorestown deal with Destination Maternity

The developer announced the 74,000-square-foot lease on Wednesday, three months after the state offered a $40 million tax credit to lure the maternity clothing maker. The deal means the three-building Moorestown campus is now 85 percent leased as Keystone continues a series of interior and exterior improvements.The Bala Cynwyd, Pa.-based real estate firm acquired the ...

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Amazon story puts spotlight on N.J. property

That development is in Robbinsville, where the e-tail giant is building one its newest fulfillment centers. During an interview with CEO Jeff Bezos, the CBS news program rolled footage of the planned 1 million-square-foot warehouse, where crews could be seen raising materials and working on the frame of the building.The site will be one of ...

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LOGIC Electronic Cigarettes names chief customer officer

According to the announcement, Gaines will provide comprehensive insight on customer relations and strategy to maximize customer acquisition, retention, and profitability for LOGIC Technology. He is a consumer packaged goods industry veteran with more than 22 years of wholesaler and customer sales experience within drug, dollar and convenience channels. Previously, Tony was with Anheuser-Busch as ...

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Tile Shop opens North Plainfield location

According to the announcement, the new store is the retailer’s 17th new store this year out of a planned 20 new stores. The Tile Shop currently operates 86 stores located in 28 states. Other Tile Shop retail locations in New Jersey include Moorestown, Rochelle Park, Edison, and Livingston. The Tile Shop’s new North Plainfield store ...

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Orange Leaf Frozen Yogurt opening 2 new N.J. locations in 2014

According to the announcement, Ridgewood businessman Paresh Patel will operate the franchises, the first of six the company expects to open in New Jersey by 2017. Patel owns Galaxy Pharmacy in Guttenberg. Orange Leaf’s New Jersey plans are part of its overall aggressive growth plans for the U.S. and internationally. The company has 93 stores ...

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