Finance & Capital Management

Sportsman's Warehouse is growing its store presence out West.

The retailer will open a store in Slidell, Louisiana, its first in the state, and another in Las Cruces, New Mexico.

The Louisiana store will be located in the Rouse Shopping Center, and is expected to open in early 2016.

The store in Las Cruces will be located on Telshore Boulevard and is expected to open in the summer of 2016.

The International Council of Shopping Centers is among the groups endorsing proposed legislation that seeks to limit what it called an “unintended consequence” of the Americans with Disabilities Act.

Simon on Wednesday broke ground on Clarksburg Premium Outlets, in Montgomery County, Maryland.

This multi-million dollar project, which upon completion, will offer a collection of over 90 retailers. The center, scheduled to open in October 2016, is a joint venture between Simon, New England Development, and Streetscape Partners.

Located in one of the country's highest-income regions, and only 30 miles from the Washington, D.C., metro area, the center will feature 392,000 sq. ft. of leasable space.

Dunkin’ Donuts announced new locations as it works towards its goal of opening 410 to 440 net new restaurants in 2015.

The chain announced multi-unit store development agreements totaling 24 new restaurants over the next several years in Minnesota with two franchise groups, Kod Kod Enterprises, LLC, and existing franchise group, VANTive Group.

The Bon-Ton Stores announced it will close its Elder-Beerman stores in the Huntington Mall in Huntington, West Virginia and the Lima Mall in Lima, Ohio. The retailer said it will not renew the stores’ leases, which terminate January 31, 2016.

Additionally, Bon-Ton is closing its namesake store in the Carousel Center in Syracuse, New York, upon its scheduled lease termination on February 28, 2016.

The company said it does not expect costs associated with the closing of the locations to be material.

Kansas City, Mo. -- Crown Center Redevelopment Corporation headquarter in Kansas City, Missouri, has named Stacey Paine as its new president.

Paine will replace Bill Lucas who is retiring at year-end after serving 20 years as the president of Crown Center, an 85-acre mixed-use community, privately financed by Hallmark Cards, Inc., that combines 2.2 million sq. ft. of office space, retail, hotels, residential and entertainment attractions within its boundaries.

RCS Real Estate Advisors announced today that it secured almost $2,000,000 at auction for home goods chain Anna's Linens, which filed for Chapter 11 on June 14.

Just a few weeks after installing a new CEO, the Fresh Market is planning to conduct a strategic review that may include a sale of the specialty grocery chain.

The company says it has retained J.P. Morgan Securities as its financial advisor to assist in this process, which may result in the company continuing to pursue value-enhancing initiatives as a standalone company, capital structure optimization, or a sale of the company or other business combination.

Andrew Hunt, the co-founder of the hot eyewear retailer Warby Parker, has raised $138.3 million for a new venture capital firm, reports Boston Business Journal. The Boston-based firm is called Elephant Partners and is reportedly focused on consumer Internet, mobile and software. (Boston Business Journal)

From its artisan-looking shops and grocery-styled product displays to its ethical sourcing and activist ethos, Lush Fresh Handmade Cosmetics has always marched to the beat of a different drummer.
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