Uniqlo has made its first move in an ambitious plan to become a major presence in shopping malls throughout the nation. The company, Japan’s largest retailer and a division of Fast Retailing Co., has jump-started its U.S. expansion with the opening of a 43,000-sq.-ft. store in Westfield Garden State Plaza, Paramus, N.J.
North Plainfield, N.J.-based Levin Management Corp. announced that HomeGoods, a TJX Cos. banner, will anchor the 100,000-sq.-ft. retail component of Edgewater Harbor, a mixed-use waterfront redevelopment in Edgewater, N.J.
Triple Five on Monday gave more information on its plans to transform the controversial and long-delayed Xanadu project in New Jersey’s Meadowlands Sports Complex, in East Rutherford, into what it promises will be “the world's largest and premier tourism, entertainment and retail destination, eventually reaching 7.5 million sq. ft.”
Triple Five Worldwide Development Co. LLC, owner of the Mall of America in Minnesota, reached a deal with lenders and New Jersey Governor Chris Christie to complete and expand the stalled Meadowlands Xanadu entertainment complex in East Rutherford, N.J., Bloomberg reported.