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  • Project Profile: Belmont Chase

    Location: Ashburn, Va. 

    Size: Approximately 100,000 sq. ft.    

    Developer: Regency Centers 

    Major tenants: Whole Foods Market will anchor the project. Regency is currently negotiating with prospective specialty retail, restaurant and health and wellness tenants.

    Status: Proposed start is spring 2014, with completion planned for fall 2014.    

  • Krispy Kreme signs deal for 10 locations in Houston

    Winston-Salem, N.C. -- Krispy Kreme has signed a development agreement with Dulce Restaurants, LLC, to develop 10 new Krispy Kreme shops in Houston over the next five years.

    Dulce Restaurants, LLC, a subsidiary of Dallas-based Sun Holdings, LLC, currently operates three Krispy Kreme locations in Dallas, and has plans to open an additional 15 Dallas shops through 2018.

  • Gordmans expects challenging holidays

    Regional department store operator Gordmans Stores said its fourth quarter same store sales are likely to decline in the mid-single digits after it reported a 6.1% drop in comps for the third quarter ended November 2.

    Despite the comp decline, Gordman’s total sales at its 93 stores increased 5.8% to $151.3 million from $143.1 million due to the addition of 10 new stores in the prior nine months. Net income for the third quarter was $1.1 million, or six cents a share, compared to net income of $4 million, or 21 cents a share, last year.

  • Leadership transformation continues at Big Lots

    Big Lots has added three general merchandise managers as the company continues realigning the merchandising organization into three customer-centric categories: food and consumables, furniture and home décor and seasonal, toys and electronics.

  • Vipshop names VP, human resources

    Guangzhou, China -- Vipshop Holdings Limited, a Chinese online discount retailer for brands, has appointed Lily Fan as the company's VP of human resources, effective Dec. 2.

  • SodaStream satisfies thirst for new Americas exec

    SodaStream International named veteran entertainment industry executive Scott Guthrie as regional general manager of the Americas reporting directly to CEO Daniel Birnbaum.

  • HSN’s Retail Evolution

    To describe the HSN of today as a TV shopping channel is both woefully dated and reductive. The company, a division of HSNi, has evolved into a multichannel leader, where digital commerce accounts for a whopping 50% of its $2.2 billion in annual sales.

    HSN’s 24/7 shopping format, which bowed in 1981, now seems positively prescient amid the rise of e-commerce.

  • The Comeback Is On

    Developers in the Northeast are renovating, redeveloping and raising rents

    What are retail shopping center developers up to in the vibrant northeastern region of the United States?

    All across the Northeast — in which we include Ohio, Maryland, Virginia, Pennsylvania, New Jersey and the traditional northeastern states to the north — developers are renovating, redeveloping, raising rents, welcoming tenants and starting to get back to normal.

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