Retail

ShopRite renovations to bring 35 new jobs to Cherry Hill

According to the announcement, the fully renovated ShopRite of Evesham Road features a mural of Cherry Hill’s historical milestones. Store changes include expanded fresh food, dairy, bakery and seafood departments.The company also announced a Wok with freshly-made hot Asian stir-fry, sushi created by Mikado and a kosher experience. A ShopRite Wines and Spirits opened today ...

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Closet Storage Concepts acquires More Space Place

According to the announcement, combined system-wide sales are projected to be approximately $40 million with more than 400 employees and 39 locations nationwide, positioning Closet & Storage Concepts as one of the largest companies in the “space-saving” home furnishings & improvement industry.The privately held company was founded in 1987 by President and CEO Bob Lewis ...

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Devils ink sponsorship deal with Golia Vodka

The vodka, which is imported from Mongolia and was recently launched in the Northeast, already has its logo in more than 100 electronic displays around the venue, the team said today in announcing the deal. The Prudential Center also unveiled the newly branded Golia Ice Lounge for the Devils’ home opener early this month. Terms ...

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Single Touch announces repurchase

According to the announcement, the company currently has 136 million shares outstanding. The program will commence immediately. Shares bought back under the share repurchase program are to be funded from available working capital, retired, and then returned to the company’s treasury.The company appointed a chief financial officer earlier this month.

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Campbell completes 550M sale of European business

According to the announcement, Campbell announced earlier this month it had signed a definitive agreement for the sale of its national brands of soups, sauces and simple meals in several European nations. The transaction also includes four plants located in Belgium, France, Germany and Sweden. The agreement does not include Campbell’s recently-acquired Kelsen Group, which ...

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Pay it forward At Heartland, foresight on bill processing

Heartland is forming partnerships with companies specializing in this space. This month, it teamed with Austin, Texas-based Tabbedout, the maker of a mobile application that allows consumers to open and pay bar and restaurant tabs from their smartphones. The app is intended to do away with the exchange of physical checks and credit cards that ...

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EDA renews calls to businesses to apply for Sandy aid

But in doing so, it also urged more businesses to apply for the grants, especially as the application deadline has been pushed from Oct. 31 to the end of the year. Since May, when the program came online, 102 businesses have received grants totaling more than $5 million, and additional aid is still available, according ...

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Survey Retail vacancy improving, but slowly

Paramus-based The Goldstein Group said the region’s retail vacancy rate dropped to 7.2 percent at midyear — the survey is through June 30 — a 0.6 percent improvement from year end 2012. It marks the lowest total since early 2009. Goldstein Group President Chuck Lanyard said the latest data show steady improvement in New Jersey ...

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