Content about Political geography

May 14, 2013
New York City second to Hong Kong in world’s highest retail rents

CBRE Group released research findings on Tuesday that showed Hong Kong continued to keep its top spot as the world's most expensive global retail market, recording prime rents nearly 150% higher than New York City.

March 27, 2013
Great American Cookies to expand in Puerto Rico

Global Franchise Group said it is expanding its Puerto Rican presence via a multi-unit operator.

February 27, 2013
Victoria’s Secret to make Hong Kong debut

A report by Bloomberg said that Limited Brands’ Victoria’s Secret banner would open its first stores in Hong Kong this year.

January 16, 2013
DDR expands Puerto Rico redevelopment program

DDR Corp. announced that it has expanded its redevelopment program in Puerto Rico from $50 million to $90 million.

December 18, 2012
Hong Kong, New York are world’s most expensive retail destinations

A report released by CBRE Group found that Hong Kong and New York City rank number one and two as the world’s most expensive prime retail markets.

December 12, 2012
Claire's makes Italy and Luxembourg debuts

Claire's Stores announced the recent opening of company-owned-and-operated Claire's stores in Italy and Luxembourg, bringing the retailer’s European presence to 15 countries.

December 11, 2012
First Data: November card spending growth solid

Dollar volume growth remained solid at 5.8% in November, down from 6.7% in October, according to the First Data SpendTrend analysis for the full month of November 2012 compared with November 2011.

November 29, 2012
Tanger and Peterson Companies break ground on Tanger Outlets National Harbor

Tanger Factory Outlet Centers and Peterson Companies announced that construction has commenced on Tanger Outlets National Harbor, located in the National Harbor, the Washington, D.C., area's premier waterfront resort destination.

November 5, 2012
Burlington Coat Factory taps LogicSource for sourcing services

LogicSource, a sourcing solutions firm, has entered into a multi-year agreement to provide advisory services and technologies to Burlington Coat Factory, which operates more than 477 stores in 44 states and Puerto Rico.

October 30, 2012
Claire's to make retail debuts in Venezuela and Panama

Chicago -- Claire's Stores Inc. said Tuesday that it has opened its first stores in Venezuela and Panama; the Venezuelan store opened on Oct. 12 in Sambil Paraguna Mall in Punto Fijo and the Panama store opened Oct. 27 at Metro Mall.

Claire's has partnered with locally headquartered Grupo David Enterprises as the single franchisee across 16 countries in Latin America. Over time, Claire's said it expects these countries to present a minimum 100 stores market opportunity.

 

October 17, 2012
Claire’s Stores makes El Salvador debut

Claire's Stores announced the opening of the first Claire's store in El Salvador.

September 11, 2012
Hollister fires models for insulting Asians at South Korea store opening

Hollister has fired three male models it flew in for the grand opening store of its first store in South Korea after the models mocked Asians in photos and on their social media accounts, according to various media reports.

July 13, 2012
CBRE: Hong Kong and New York are world’s most expensive retail destinations

Hong Kong is the world’s most expensive retail destination, with retail rents at $3,864 per square foot, according to the quarterly rankings of global retail rents from global property advisor CBRE Group.

July 12, 2012
Hong Kong, anyone?

If Hong Kong is part of your global expansion initiatives, be prepared to pay the freight.

July 11, 2012
Tommy Bahama in deal with FiftyOne Global Ecommerce to expand global reach

Tommy Bahama has partnered with FiftyOne Global Ecommerce, a provider of global e-commerce services to U.S. retailers, to immediately expand the Tommy Bahama’s international reach by delivering goods to 100 countries around the globe.

June 27, 2012
Denny's makes Dominican Republic, airport debuts

Denny's Corp. said that it has opened its first restaurant in the Dominican Republic as part of a development agreement with Grupo Nahas, which owns and operates the Intercontinental Hotel and Holiday Inn, among others, in Santo Domingo.

May 16, 2012
Tanger Outlets Ocean City $3 million renovation nearing completion

Tanger Outlets said that the multimillion-dollar renovation of its newly acquired Ocean City property is nearing completion, with an unveiling slated for the end of May.

February 29, 2012
Regency Centers to launch construction of East Washington Place

Jacksonville, Fla.-based Regency Centers said it will begin construction of East Washington Place, a 378,000-sq.-ft. community center anchored by Target.

February 10, 2012
PriceSmart in deal to build 6th location in Costa Rica

PriceSmart announced that on January 9, 2012 it entered into an agreement to acquire approximately 16,038 square meters of property in La Union, Cartago, Costa Rica, upon which it plans to build its sixth warehouse club in Costa Rica.

February 2, 2012
RILA to debut Labor and Employment Forum

The Retail Industry Leaders Association said that it will hold the first-ever Labor and Employment Law Forum on March 21-22, at the Hyatt Regency Washington on Capitol Hill in Washington, D.C.

November 18, 2011
Flurry of Activity

Every year, in December, Chain Store Age examines the northeastern region — New York, Pennsylvania, New Jersey, Maine, Massachusetts, Connecticut, New Hampshire, Vermont and Rhode Island — and, in 2011, there appears to be some positive momentum.

Retail real estate executives will tell you that we’re not completely out of the woods yet, but the industry is certainly inching in the right direction.

November 2, 2011
Report reveals strongest and weakest retail real estate markets

New York City, Washington, D.C., San Francisco and Seattle, top the list of the strongest retail real estate markets, according to Colliers International’s “Third Quarter 2011 North American Retail Highlights” report.

October 27, 2011
China newspaper reports Wal-Mart selling outdated coffee

Local Chinese newspaper the People’s Daily reported Thursday that, just two days after re-opening all 13 stores in Chongqing following a forced two-week closure for mislabeling regular pork as organic, the retailer has been called out for selling expired coffee in one of its Chongqing stores.

October 20, 2011
DDR announces new tenants at six former Borders locations

DDR Corp. said Thursday that six new national tenants will occupy former Borders locations in Puerto Rico, New Jersey, Georgia, Ohio and Missouri.

October 12, 2011
J.C. Penney Co. to acquire Liz Claiborne brands for $268 million

J. C. Penney Co. said Wednesday it will acquire the worldwide rights for the Liz Claiborne family of brands, as well as the United States and Puerto Rico rights for the Monet brand for $267.5 million.

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