The University of Missouri-Kansas City will present Costco co-founder Jim Sinegal with its Entrepreneur of the Year award at a special ceremony this fall, according to published reports.
Alimentation Couche-Tard Inc. announced that it has signed, through its wholly owned indirect subsidiary, Mac's Convenience Stores LLC, an agreement to acquire 29 stores, 25 stores are located in Illinois, three in Missouri and one in Oklahoma.
Simon Property Group said that St. Louis Premium Outlets, located in Chesterfield, Mo., has moved up its opening date to Aug. 22, 2013, and will be joined by Nike, Cole Haan, Converse, Gymboree, Adidas, Wilsons Leather and Claire's Accessories.
Simon Property Group said that a new lineup of tenants has committed to opening at its St. Louis Premium Outlets property in Chesterfield, Mo., bringing the center to 75% pre-leased.
Walgreens announced that it has completed its purchase of 144 stores operating under the USA Drug, Super D Drug, May’s Drug, Med-X and Drug Warehouse banners located in Arkansas, Kansas, Mississippi, Missouri, New Jersey, Oklahoma and Tennessee.
Peoria, Ill.-based Cullinan Properties said that Five Guys Burgers and Fries has opened has opened at the Streets of St. Charles, located in St. Charles (St. Louis), Mo. – the burger brand’s first in the county.
Seven Walmart stores in Missouri were evacuated after receiving bomb threats but no explosives were found and no injuries were reported, according to Reuters.
Do it Best Corp. has broke ground in Sikeston, Mo., at the site of what will be the co-op’s newest and most technologically advanced distribution center.
St. Louis Mills, Missouri’s largest outlet and value retail shopping and entertainment destination, will add a 35,000-sq.-ft. Ross Dress for Less, joining recently opened Toy Heaven, Broadway Suits and Wholesale Mattress Center and More.
Midwestern shopping center owner/developer Tucker Development announced that Le Club has signed a lease at Country Club Plaza, located in the southern portion of Country Club Hills, Ill.
Simon Property Group announced that Saks Fifth Avenue Off 5th will open a total of seven new stores in the next two years in its Premium Outlets division, including new centers and existing centers.
Irvine, Calif.-based Passco Cos. announced it has completed the acquisition of Shoppes at Coronado Place I, a 14,534-sq.-ft. strip center in Blue Springs, Mo., two miles from downtown Kansas City.
On the banks of the Missouri River, in the northwest corner of the greater St. Louis metropolitan area, historic St. Charles is home to more than 65,000 people. At the gateway to this fast-growing area, a “mini-city” is emerging: The Streets of St. Charles, developed by Cullinan Properties of Peoria, Ill., will deliver an enticing 1 million-sq.-ft. mixed-use community.
Bloomington Hills, Mich.-based mall owner Taubman said that it has broken ground on a high-end outlet mall in Chesterfield, Mo., in suburban St. Louis.
Kansas City, Mo. -- Chain Store Age real estate columnist Jeff Green, featured regularly on Chainstoreage.com’s community page with his “Retail Rap with Jeff Green” commentary, was interviewed by the Kansas City Star about trends in retail real estate.
NCR Corp. announced that the company’s point-of-sale terminals will now be the preferred checkout technology at Springdale, Ark.-based Harp’s Food Stores, an employee-owned company, which operates 66-plus grocery stores in Arkansas, Missouri and Oklahoma.
Menards is considering a new store in a Springfield, Mo., shopping mall -- as long as it isn’t included in the development’s community improvement district (CID), according to an article in the Springfield News Leader.
Well, the holidays are finally over and the verdict is in: Retailers reported a 3.5% year-over-year sales increase in December — that’s better than I thought we would see — and a 3.3% increase overall for the season.