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May 17, 2013
Twin Peaks unveils new name, trio of major anchors

Longmont, Colo. -- NewMark Merrill Mountain States named three new anchors for the redeveloped Twin Peaks Mall: Whole Foods Market, Regal Cinemas and Sam’s Club.

The project, which is slated to open in 2014, also unveiled its new name – Village at the Peaks.

May 7, 2013
A Place for Everything

Irvine Co.'s The Market Place is too big for one city. It sprawls across two. Split in two by Jamboree Road, the southern half of the 120-store, 165-acre center resides in Irvine, Calif. The northern half is in Tustin.

The huge regional destination center combines open-air lifestyle retail with big-box retail. Nationally known value- and quality-driven store names offer apparel, books, electronics, fitness, groceries, home furnishings and decor, movie theaters, restaurants, various services, sporting goods, toys, and on and on.

May 7, 2013
Chefs On Fire

In New York City, Philadelphia, Washington, D.C., Denver — and other major cities across the country — creative young chefs are opening their own restaurants.

"In New York, the trend isn't all that new. Think of Andre Soltner, Jean-Georges, David Chang and others," said Faith Hope Consolo, noted trend-watcher and chairman of Douglas Elliman's Retail Group in New York City.

Indeed, we probably shouldn't call it a trend any more. In a growing number of cities, chef-owned restaurants are a mainstay of rising urban neighborhoods.

May 7, 2013
Doing Deals

Editor's Note: Chain Store Age's 24th annual survey of Fastest-Growing Acquirers measured retail square footage purchased during the 2012 calendar year.

This year's Fastest-Growing Acquirers range from list regulars to newcomers, a clear sign that retail is returning as a favored sector for growth.

A recovering economy continues to make retail an appealing category for operators and investors alike and, as might be expected, this year's fraternity contains some of the industry's major consolidators. Yet it also holds investment funds branching into new sectors.

April 24, 2013
Covering Retail IT from All the Angles

It is with great pleasure that I introduce myself to you as the new senior editor of Chain Store Age, focused on covering all the news, trends and happenings in the constantly changing world of retail IT.

April 5, 2013
Report: Amazon will cement its position as major retail price setter

Amazon will cement its position as major retail price setter for years to come by exploiting its logistics opportunity, according to a new ResearchFarm report.

April 3, 2013
Supervalu announces departure of CFO, general counsel

Supervalu president and CEO Sam Duncan announced Wednesday some major changes to his executive leadership team.

March 21, 2013
Survey: Importers split as to spring sales growth

Importers and manufacturers who sell to America's major retailers are split as to whether they believe they will see growth and / or reductions in sales for the spring season, according to Capital Business Credit, a non-bank lender that services the retail sector.

March 15, 2013
Focus on: Slip and Fall

Slip-and-fall accidents in public places, including retail stores, are the leading cause of premise liability injuries and rank among facilities managers' top management issues. And with the elderly particularly vulnerable to falls, the size and scope of the problem is likely to grow in the near future given the aging of the baby boomers.

March 15, 2013
The Retail M&A Market: Trends for 2013

Mergers and acquisitions transaction activity in the U.S. retail sector jumped 39% in 2012 for deals greater than $50 million, while total deal value more than doubled. These gains point to an industry undergoing major changes, one that is attracting considerable interest from a wide range of players.

March 14, 2013
Downtown Disney to undergo major revamping and expansion

Walt Disney World Resort announced the multi-year transformation of Downtown Disney into Disney Springs, which will feature an eclectic and contemporary mix of stores, dining options and entertainment experiences from Disney and other noteworthy brands.

March 7, 2013
Donahue Schriber secures $100 million in additional growth capital

Donahue Schriber announced that its major investors New York State Teachers’ Retirement System and J.P. Morgan Strategic Property Fund have approved an additional $100 million common equity investment for growth capital.

March 7, 2013
Hunter Crossroads, Fort Worth, Texas

When an 180,000-sq.-ft. Walmart Supercenter opens at Hunter Crossroads this fall, it will mark the first major retail opening in the shopping center, which is part of a larger 160-acre planned mixed-use project.

Developed by Hunter Crossroads LP, the center is being leased by Transwestern, based in Dallas.

Construction on the new Walmart is more than halfway completed; expected opening date is September 2013 and the store will feature Walmart’s smaller, more efficient prototype in lieu of its more traditional 220,000-sq.-ft. layout.

March 1, 2013
Marks & Spencer to unveil green lease policy for stores

Marks & Spencer, one of the leading retailers in the United Kingdom, is set to unveil a new property lease policy under which all new M&S stores will have ‘green’ clauses as standard enabling landlords and tenants to better manage a building's environmental performance.

February 11, 2013
Report: Retail imports to increase 8.5% in February

A report released by the National Retail Federation and Hackett Associates estimated that retail imports will increase 8.5% in February, after a contract deal between the East Coast and Gulf Coast dockworkers is finalized.

February 6, 2013
2013: The year retail rebounds?

By Gary Glick, Cox, Castle & Nicholson LLP

January 31, 2013
2012 Fastest-Growing Acquirers, 3P Managers and Top Developers

Shopping center companies: Receive recognition for your 2012 development, acquisition and third-party management activities.

January 30, 2013
Kohl’s and Whole Food Market to open at Southwind Plaza

Boston-based The Wilder Cos. said that, as part of its major remerchandising of Southwind Plaza shopping center in Hyannis, Mass., Kohl’s and Whole Foods Market will be opening new stores at the Cape Cod property.

January 24, 2013
Three major malls to be revamped

Mall owner CBL & Associates Properties said Thursday that, in 2013, it will complete multi-million dollar renovations at three major malls: Friendly Center in Greensboro, N.C.; Greenbrier Mall in Chesapeake, Va.; and The Mall of Acadiana in Lafayette, La.

January 21, 2013
Ikea given approval to open stores in India

A report by Bloomberg said that Ikea has received the go-ahead from the Indian government to open outlets in the country, making it perhaps the first major foreign retailer to set up its own stores in the region.

January 11, 2013
Retail imports to increase 2.3% in January under looming threat of port strike

Import cargo volume at the nation’s major retail container ports is expected to increase 2.3% in January over the same month last year as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast docks, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

January 8, 2013
From Hut to Haute: The Evolution of Outlet Center Shopping

By Ann Natunewicz, national manager, Retail Research, USA Retail Services Group

December 27, 2012
Counting Down the Trends

Generally speaking, I’m not big on trend forecasts. Maybe it’s because there are so many of them, particularly at this time of the year. They all seem to blend together into a mass of predictions and statistics.

December 12, 2012
Vintage Real Estate acquires Heritage Mall

Vintage Real Estate announced that the company has acquired Heritage Mall, located in Albany, Ore.

December 10, 2012
Retail imports to increase 3.9% in December despite port strike

Import cargo volume at the nation’s major retail container ports is expected to increase 3.9% in December despite a strike that closed the nation’s largest port complex for the first few days of the month, but retailers are keeping a close watch on a possible strike on the East Coast and Gulf Coast, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

© 2013