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  • Nicholas Kirkwood to debut in U.S. at Meatpacking District

    New York City -- Robert K. Futterman & Associates said Tuesday it has secured the first U.S. location for upscale designer footwear brand Nicholas Kirkwood at 807 Washington St. in Manhattan’s Meatpacking District.

    Located between Gansevoort and Horatio Streets, the 1,572-sq.-ft. ground-floor boutique is scheduled to open in the winter of 2012.

  • Pier 1 Imports to open at Sequoia Station

    Redwood City, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to Pier 1 Imports at Sequoia Station, located in Redwood, Calif., bringing the shopping center to 100% leased.

    Pier 1 leased 11,898 sq. Ft. and is slated to open in February 2012.

    The 102,848-sq.-ft. shopping center is anchored by Safeway alongside national retailers such as Old Navy, CVS/pharmacy, Barnes & Noble Booksellers and Johnny Rockets.
     

  • Toys ‘R’ Us to cut back on holiday pop-up

    New York City -- Toys “R” Us will open fewer holiday pop-up stores this year, Reuters reported.

    In 2010, the chain opened some 600 temporary Toys “R” Us stores nationwide. But spokeswoman Kathleen Waugh said the company has decided to open fewer stores this holiday season, according to the report.

  • Priscilla of Boston closes stores, shutting down operations

    Boston -- High-end wedding dress maker and retailer Priscilla of Boston said Wednesday it will close at the end of the year. Its 19 store locations were shuttered on Wednesday, and its brands, which include Jewel by Priscilla of Boston and Platinum For Priscilla of Boston, also will be discontinued.

    "After nearly 65 years of serving some of America's most beautiful brides, we have made the difficult decision to close our salons after a thorough review of the business environment," the company said in a statement.

  • Genesco narrows loss in Q2, raises full-year outlook

    Nashville, Tenn. – Genesco, parent to the Journeys, Lids and Johnston & Murphy banners, reported Wednesday a loss of $392,000 for the quarter ended July 31, compared with a loss of $3.2 million in the year-ago period.

    Sales rose 29% to $471 million, from $364 million. Same-store sales surged 14%, with the Lids Sports Group up 12%, the Journeys Group up 15%, the Johnston & Murphy Group up 17%, and the Underground Station Group up 10%.

    The company said it is raising its fiscal 2012 guidance, based on the performance.

  • Books-A-Million cleared to take over 14 Borders leases

    New York City -- A bankruptcy judge gave Books-A-Million the nod Monday to take over the leases of 14 Borders Group stores for just under $1 million.

    The stores are located mostly on the East Coast, and Books-A-Million is expected to take over the leases effective Sept. 20.
     

  • Cole acquires 11 PetSmart retail properties for $74 million

    Phoenix -- Cole Real Estate Investments said Monday that it has acquired a portfolio of 11 PetSmart retail properties for $74 million.

    The approximately 300,000-sq.-ft. triple-net leased portfolio is located in primary markets in California, Florida, Illinois, Maryland, Massachusetts, Michigan and Texas. The 11 individual retail properties are leased to PetSmart, under one master lease, with an original 20-year lease term and approximately 10 years remaining, plus three automatic renewals for up to a total of 20 additional years.

  • Freebirds Burrito to open new restaurant in Fort Worth

    Dallas -- Cypress Equities said that Freebirds World Burrito has signed a lease to occupy a portion of a new development in Fort Worth, Texas, adjacent to the company’s West 7th development.

    The 2,370-sq.-ft. restaurant will mark the third Freebirds in Fort Worth, with other locations near Hulen Mall and at Alliance Town Center. Freebirds World Burrito is owned by Tavistock Restaurants and has more than 50 locations throughout Texas, California and Oklahoma.
     

  • SRS Real Estate Partners names associate

    Dallas -- SRS Real Estate Partners has announced the hiring of Jon Switzer as an associate in the Austin/San Antonio office.

    Switzer will specialize in landlord representation, tenant representation, and be a part of the new SRS Urban team.
     

  • Marcus & Millichap announces exec promotions

    Encino, Calif. -- Marcus & Millichap Real Estate Investment Services said it has promoted Brian S. Munn to the position of VP investments in the company’s Atlanta office.  Most recently, Munn held the position of senior associate.

    The company also announced that it has promoted Kyle B. Matthews to the position of VP investments in its Encino, Calif., office. Most recently, Matthews held the position of associate VP investments.
     
     

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